Do you know the real purpose of insurance – any insurance? To cover a loss that the insured cannot afford to bear. If you can afford it, there’s no point wasting money on insurance. If you have a six-year-old 19″ TV set, you probably wouldn’t buy insurance against repairs because if it breaks down, you’d probably just go… Read More »
Capital tax allowances are allowances on fixed assets a business may claim as a deduction from net profit to arrive at the net taxable profit. If a taxi driver does not claim the correct capital tax allowances in the taxi accounts that net taxable profit and the income tax and national insurance payable will be higher than it… Read More »
Minibuses are large, passenger carrying vehicles. Because of this extra responsibility the driving regulations regarding licensing, servicing and minibus insurance are a lot stricter than a normal car. This article is a guide to the frequently asked questions about driving a minibus. What is a minibus? The classification for a minibus is a vehicle that has between 9… Read More »
