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Knowledge from Crunch

An award-winning selection of great tools, business guides and articles to help make your business a success

Showing 281 - 300 of 479 articles

What is a trivial benefit?

Receiving a gift from your employer is a great feeling, but in the workplace the employer needs to be aware of whether or not they need to pay tax on the present. Here are some helpful examples for small businesses.

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Business guides

From understanding expenses to starting a limited company, we've a range of jargon-free business guides for you to download and keep.

Tax

What is a benefit in kind?

Benefits in kind are benefits that employees or directors receive from their company which aren’t included in their salary or wages. They’re also sometimes called ‘perks’ or ‘fringe benefits’. Not all benefits in kind are treated in the same way by the tax system, so here's what you need to know.

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Get paid

When to issue a credit note to a client

A businesses would typically provide a customer with a credit note when the amount on an invoice is disputed or incorrect. This might be due to an admin error, or because the customer requires a full or partial refund. Here are a couple of scenarios of when you might want to issue a credit note to a client.

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Becoming self-employed

What is a sole trader?

As the term suggests, when operating as a sole trader you’re running your business as an individual. Being a sole trader merely means that there’s no legal distinction between the owner and the business.Part of our range of jargon-free explanations of the legal structures out there for the self-employed.

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