Does a sole trader need a business IRD number?
What you need to do. To become a sole trader you must have: a personal IRD number for paying income tax and GST. government licences and permits that your...
04 Apr 2026 1 READS
Archive: World Events
How does OPEC affect the world?
Higher oil prices lead to gas and diesel price increases — costs that will also be passed to the consumer when they purchase such goods. Because OPEC cont...
04 Apr 2026 0 READS
Can you bring a claim against a company in liquidation?
However, no claim can be brought against a company once it has been dissolved after completion of the liquidation, as it will have lost its legal identity...
04 Apr 2026 0 READS
Do I pay SSP if an employee has a self inflicted injury?
You can’t refuse to pay SSP where an employee is absent due to illness, even where the cause is self-inflicted, e.g. a sporting injury. Can I be sacked fo...
04 Apr 2026 0 READS
Does a limited company have to pay VAT?
If your limited company has an income that exceeds or is expected to exceed the VAT a threshold, which is currently £85,000 annually before tax then you m...
04 Apr 2026 0 READS
How is building society interest taxed?
Most people with bank and building society interest will not have to pay tax on their savings income due to the PSA. Banks and building societies do not d...
04 Apr 2026 0 READS
Does a private plate have to be older than the car?
The golden rule of personalised registrations is that you cannot make a vehicle look newer than it is. Are old number plates worth anything? As a rule of ...
04 Apr 2026 0 READS
What is the reason for the short-run ATC curve to be U shaped what is the reason for the long-run ATC curve to be U shaped?
The cost curves, whether short-run or long-run, are U-shaped because the cost of production first starts falling as output is increased owing to the vario...
04 Apr 2026 0 READS
What are the reasons for outsourcing?
Top 10 reasons to outsource Reduce and control operational and labor cost. Improve Company Focus on Core Business Process. Gain access to world-class capa...
04 Apr 2026 0 READS
How do you make sure you get the rental you want?
These include, but aren’t limited, to: Employment history. Pay stubs or other proof of income. Rental history. Credit score. Rental references. Personal r...
04 Apr 2026 0 READS
