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Month: August 2020

Automatic Enrolment: Getting the Basics Right

What Is Automatic Enrolment? Automatic enrolment is the UK Government’s initiative under the Pensions Act 2008 to help more people save for retirement through a pension scheme at work. A report conducted by the Government in 2005 disclosed that many people were not saving into a pension plan and even those that were hadn’t been […]

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Accounting for Jargon: Common Bookkeeping Terms Explained

Every business owner and even laymen should have at least a basic understanding of common accounting terms. You never know when you’ll face an accounting emergency! So, without further ado, let’s look at some essential accounting terms that you need to know about: Essential Accounting Terms Balance Sheet A financial statement that captures the company’s […]

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How You Can Avail the ‘Eat Out to Help Out’ Scheme

The UK government has introduced a new scheme called ‘Eat Out to Help Out’ to help the food, beverage, and hospitality industry to recover. You and your loved ones can now avail a hefty 50% discount (with a maximum of £10 per person) whenever you eat or drink out throughout August. Let’s learn more about […]

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