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Business, Finance, Ridgefield Consulting Sophisticated Cloud Business, Finance, Ridgefield Consulting Sophisticated Cloud

What are payments on account?

The term ‘payments on account’ refers to advance payment towards your tax liability for that year. The system is used by HMRC to ensure timely payment of taxes owed but can also be an effective way to help spread the cost of your tax bill. Each instalment is calculated at 50% of your tax bill for the previous year.

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Business, Finance, Ridgefield Consulting Sophisticated Cloud Business, Finance, Ridgefield Consulting Sophisticated Cloud

The Real Cost Of Hiring An Employee

Hiring your first employee is a very exciting milestone for the business and a sign that your business has seen positive growth. Not only will you have to figure out the salary you wish to pay your new hire, but you must also consider other factors that will impact your budget, which make up the true cost of hiring an employee.

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Business, Finance, Ridgefield Consulting Sophisticated Cloud Business, Finance, Ridgefield Consulting Sophisticated Cloud

5 Business Skills to learn this year

New Year, new me, and what about a new business? The New Year can strike up inspiration for a lot of people, whether you want to learn a new skill, set new goals, or even start your own business! If this is your calling, we’ve compiled 5 key business skills that will be essential to learn so that you can effectively manage a business.

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