Monthly Archives: March 2021

Researchers discovered a network of 70 salt flats in Belize, where salt was obtained from the mangroves to form blocks that were later used as money in transactions.

Goldman CEO Promises to Give Break to Tired Employees Who Work 100 Hours a Week

by Justin Chan • March 23, 2021 • 0 Comments

First-year analysts at the firm said they would likely leave if working conditions remained the same after six months.

How to Improve Your Work-From-Home Experience (Even After Months of Doing It)

by Lucas Miller • March 23, 2021 • 0 Comments

There are still numerous ways to make virtual employment less monotonous and more efficient.

How Audio Is Changing the Game and the Future of Podcasting

by David Meltzer • March 23, 2021 • 0 Comments

Kevin Jones, CEO of Blue Wire, talks about how content creators can take advantage of the audio revolution.

Why These 2 Entrepreneurs Are Sharing Women's Untold Stories

by Jessica Abo • March 23, 2021 • 0 Comments

The podcast co-hosts of iHeartRadio’s ‘What’s Her Story with Sam and Amy’ share why they’ve created a space for women to share their untold professional and personal stories.

Entrepreneur Franchise of the Day: Liberty Tax Service

by Entrepreneur Staff • March 23, 2021 • 0 Comments

Liberty Tax franchisees help their customers find a path to financial liberation through a simple, scalable start-up model.

7 tax myths for small business owner/managers exploded

by Stuart Clark • March 23, 2021 • 0 Comments

Originally written by Stuart Clark on Small Business
As we head towards a new tax year, it always surprises me how many tax myths small business owners believe, when knowing the truth could actually put more money in your pocket.
Did you know for example that (depending on your circumstances) you could potentially extract over £25,000 tax free from your company (in fact better than tax free as the company can get corporation tax relief so the cost is less than £21,500).
This often means speaking with professionals (your accountant and/or IFA) but here are some quick small business tax myths and tips:
#1 – There is no difference between taking salary and a dividend
Some while ago I did a video that demonstrated increased cash in hand for the business owner of almost £6,000 on profits of £50,000 (based on 2019/20 tax rates). What would an extra £500 a month allow you to do?
#2 – I can just take money out the company when I want, and the accountant will sort my dividends out when I do my year end accounts
This could be illegal and open the company up to PAYE liabilities. Backdating dividends is illegal. It is vital that tax planning is done

Hot Business News Today

Insurers pay out nearly 40% of expected £1.2bn SME Covid bill

by Anna Jordan • March 23, 2021 • 0 Comments

Originally written by Anna Jordan on Small Business
Insurers have paid out on less than half of estimated business interruption loan claims since the Supreme Court tipped in favour of SMEs.
The test case weighed up whether SMES that claimed on business interruption insurance for pandemic-related losses should be entitled to it.
>See also: Small firms win pay-outs in Covid business interruption insurance ruling
More than 10,000 UK policyholders have received some money since the Supreme Court ruling in January, with the total topping £470m. However, thousands are still waiting for an answer, even though the court ruled that decisions should be made quickly.
The Financial Conduct Authority (FCA) released the first batch of claims data this week, based on admissions from insurers. It set out how many claims relating to the case had been accepted and repaid.
The regulator’s preliminary assessment last June showed that the total claims from this test case could be £1.2bn. It made clear that this was not a firm estimate and was set out before the Supreme Court’s ruling.
For 8,177 of the claims, where final settlements have been agreed and paid, a total of £280m had been paid out, according to the FCA. For the 2,030 claims that hadn’t been