No matter how much you plan, no one can predict how long your neighbor will work on his Trans Am while blasting ’80s hair metal.
Author Archive for Successful IBO
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Covering All the Bases: How to Set the Legal Framework for Your New Business
by Bryan Janeczko • • 0 Comments
It’s what ensures that your service or product is protected, that you’re not operating illegally, and that you don’t lose out if things change among your staff.
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TikTok Outlines Why It Thinks President Trump's US Ban Is Illegal
by Michael Kan • • 0 Comments
‘By banning TikTok with no notice or opportunity to be heard (whether before or after the fact), the executive order violates the due process protections of the Fifth Amendment,’ the company says.
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Google Arts and Culture App Lets You View Ancient Creatures in AR
by Nick Summers • • 0 Comments
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How to Weave More Empathy Into Your Marketing for Better Connections With Potential Buyers
by Julia McCoy • • 0 Comments
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3 Ways to Create Buzzworthy Social Media Images
by Stephanie Liu • • 0 Comments
If you don’t have a great image to include with your content, then you don’t have a useful post that will generate attention and conversions.
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Why Voice Tech Will Be the Post-Crisis Standard — and Not Just for Ordering Pizza
by Shafin Tejani • • 0 Comments
Voice was already poised to be the user interface of the future. The crisis just sped up the timeline.
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VAT on taxi fares, vehicles, fuel and staff travel – what can I claim?
by Ben Lobel • • 0 Comments
Originally written by Ben Lobel on Small Business
Small business owners often have a tough time navigating tax and what expenses they can claim VAT on.
Let’s start with Taxi fares. Zero rating of domestic passenger transport does not apply if the vehicle is designed to carry fewer than ten passengers.
Taxi and hire car fares are therefore, standard rated and if the business provider is registrable for VAT, it must charge VAT to customers.
Extra charges for baggage, waiting time, etc are also standard rated as are referral fees from other taxi businesses.
Tips and gratuities given voluntarily are not payment for supplies and are outside the scope of VAT. VAT due is calculated by multiplying the fares, including extras, by the VAT fraction.
Registered persons (such as a standard rated Taxi driver) must issue a VAT invoice to any customer who asks for one.
If the taxi is VAT registered they should issue you with a receipt which includes the VAT registration number, the date and the amount of the fare which will enable you to reclaim the VAT as Input VAT (the VAT added to the price when you purchase goods or services that are liable to VAT).
What else can small businesses claim VAT
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What do SMEs think is the best business bank account?
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
Handelsbanken has been voted the clear winner when it comes to what SMEs think is the best business bank account.
The Swedish bank, which has more than 200 UK branches, came top of the leader board in four out of five categories, according to the latest Competition and Markets Authority survey published this month.
The bank was named best for overall service quality (79 per cent); relationship/account management (86 per cent); SME overdraft and loan services (78 per cent); and services in branches and business centres (73 per cent) for the fifth time by the survey.
>See also: Business Banking Resolution Service opens doors in November
However, Barclays beat it to the top spot for online and mobile banking services.
BVA BDRC surveyed nearly 17,000 small business customers between July 2019 and June 2020, asking them if they would recommend their provider to other SMEs.
Mikael Sorensen, UK CEO of Handelsbanken, said: “We are particularly pleased to see this response coming from our SME customers, many of whom we have been working closely with to provide a range of tailored, flexible support.”
>See also: 12 of the best digital banking platforms for small business
Overall service quality – Handelsbanken
Handelsbanken was ranked
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What winning The Start-Up Series meant for me – Scott Lever, Zobi
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
One thing that the coronavirus pandemic has changed is the whole concept of how we work. For many of us, video conferencing tools such as Zoom and Teams means we can work from home. The technology has shown it can work. And many homeworkers are reluctant to go back to the office, with more than one third not believing their employer has done enough to protect their health, according to Aviva.
But businesses are just as vulnerable to homeworkers as vice-versa.
An astonishing 30 per cent of all smart home devices are hacked and right now, over 1.8bn passwords are being sold on the dark web. What this means is that hackers steal passwords, listen in on commercially sensitive conversations and use employees’ home networks to access businesses.
>See also: What winning The Start-Up Series meant for me – Daniel Verblis, The Moving Home Warehouse
Scott Lever began his career at IBM, and over the last 25 years, his roles included head of infrastructure and end user computing for the Houses of Parliament and chief technology officer for The Royal British Legion.
His background in technology, digital transformations and cybersecurity made him realise how vulnerable we all