Welp Magazine

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What is Site Insurance?

Site insurance is a specific type of policy designed for self build, renovation, extension or conversion projects. The cover continues during the planning process and construction phases until the project is completed
4 years ago
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What is SEIS?

The Seed Enterprise Investment Scheme was launched by the United Kingdom government on 6 April 2012 in order to encourage investors to finance startups by providing tax breaks for backing projects they
4 years ago
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What is Property Owners Liability Cover?

The Property Owners’ Liability Insurance protects landlords and property owners in respect of claims made against them in respect of their legal liability for personal injury or property damage suffered by third
4 years ago
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What is Property Maintenance?

Property maintenance relates to the upkeep of a home, apartment, rental property or building and may be a commercial venture through a property maintenance company, an employee of the company which owns
4 years ago
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What is MTD?

Making Tax Digital (MTD) is a UK government initiative that sets out a vision for the ‘end of the tax return’ and a ‘transformed tax system’ by 2020. HM Revenue and Customs
4 years ago
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What is Invoice Financing?

Invoice financing is a form of short term borrowing which is extended by the bank or a lender to its customers based on unpaid invoices. A business receives invoices from its customers
4 years ago
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What is Debt Factoring?

Debt Factoring is another term used to describe invoice factoring – a process whereby a business will raise an invoice for work completed, pass this to the Debt Factoring provider who will
4 years ago
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What is EIS?

The Enterprise Investment Scheme is a series of UK tax reliefs launched in 1994 in succession to the Business Expansion Scheme. It is designed to encourage investments in small unquoted companies carrying
4 years ago
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What is CT600?

What is a Company Tax Return, CT600? A Company Tax return details the Corporation Tax payable to HMRC. It consists of a completed CT600 form plus information, accounts, computations, statements and reports
4 years ago
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What is Contract Works Insurance?

Contract works insurance is an insurance for builders and other tradesmen, designed to cover work that’s underway on a site. It can pay to repair or redo the work that’s in progress
4 years ago
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