Tax

Class 2 NI is a type of National Insurance contribution that self-employed individuals are required to pay in the United Kingdom. It is a form of insurance that provides certain benefits and entitlements, such as the State Pension, Maternity Allowance,…

Capital allowances are tax deductions that a business can claim for the wear and tear or depreciation of its fixed assets. Fixed assets include items such as buildings, machinery, and equipment that a business uses to generate income. When a…