Employers liability insurance is a type of business insurance policy that virtually all firms employing someone must take out. However, there are some notable exceptions.
There are many types of business insurance. Here we look at the types of cover you must have in place, as well as those which may provide you with peace of mind.
IR35 insurance will protect your limited company in the event that an enquiry is made into your tax return, or via a PAYE compliance visit. In some cases, this could result in a Tax Tribunal.
If you are in business and provide any type of professional service to clients, you need to consider taking out Professional Indemnity Insurance.
Public liability insurance will protect your business if you cause an injury to a member of the public, or property belonging to another business or… Read More »Public liability insurance – guide for business owners
With dozens of different types of insurance cover available for businesses, here is Bytestart’s review of the main insurances that businesses ‘must have’, some insurance cover you ‘should have’, and several ‘could have’ policies.
If you’re considering taking out life insurance, you could save up to 50% on your premiums by setting up cover via your own limited company. This is a tax-efficient way of protecting yourself and your family.
An executive income protection policy can provide peace of mind, as well as tax efficiency, as the premiums can typically be funded by your limited company.
While nobody likes to think about it, things can and do go wrong when you’re in business, no matter how cautious you are. An employee… Read More »Sole trader insurance – what cover should you have in place?
Making the decision to become self-employed can be daunting, especially if you’ve been an employee on a regular salary with all the perks that can bring, like a pension, holidays and sickness pay.
The transition from this relative security to going it alone is not always easy, but there are steps you can take to help protect you financially should the need arise, allowing you to concentrate on growing and developing your business.Read More »A guide to income protection insurance for sole traders & start-ups