6 Beliefs About Contracts that are Wrong

6 Beliefs About Contracts that are Wrong

I don’t need a written contract Having a written contract is often low on the priority list when trading as a small business. Business owners will say “nothing has gone wrong so far”, so the business decides to continue to operate without any written terms, trusting...
IR35 Rules Explained – What You Need to Know

IR35 Rules Explained – What You Need to Know

As the saying goes, only two things in life are certain: death and taxes. Death is a given as it is a natural aspect of everyone’s life, whereas taxes are an obligation that must be fulfilled by us as law-abiding citizens. As with many laws, tax rules are no exception...
What is a Partnership Agreement?

What is a Partnership Agreement?

There is often some confusion over what a partnership is. A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits. The Partnership Act 1890 defines partnership as “persons carrying on a business in common...