From 1 October 2009 the new national minimum wage will increase as follows: £5.80 an hour to workers aged 22 and above £4.83 an hour to workers aged 18-21 £3.57 an hour to workers aged below 18 who are no longer of compulsory school age If you are an employer make sure you adhere to [...]
There are very few times when people can admit to being in a relationship that involves three or more people. Being a business owner is one of those times when you can candidly admit to having a relationship with more than one person. This three way relationship is normally between ‘you, your business and your [...]
Here are a few deadlines that you need to put in your diary: 19 September 2009 PAYE period to 5 September cheque payment due (22 September for electronic payment) 1 October 2009 Corporation Tax payment date for Company’s with a 31 December 2008 year end 19 October 2009 PAYE period to 5 October cheque payment [...]
Today I have loaded up our latest client fact sheet number 12 covering the latest provisions of the new Companies Act 2006. There has been so much change with the new Act that I thought it best to provide a more easy to read summary and that is what this fact sheet does, it provides [...]
There are a variety of risks associated to running a business. Some are out of our control such as acts of God. Others are closer to home and come in the guise of new customers placing large orders. On one hand a new order may well bring the prospect of much needed cash injection. On [...]
A note for your diary, from 1 October 2009 the limit on a week’s pay for the purposes of calculating a statutory redundancy payment will increase from £350 to £380. The increase also applies to a wide range of employment tribunal awards that are calculated using a week’s pay, that an employer might have to [...]
The old adage that ‘cash is king’ certainly does ring true in the world of business. Maintaining the cash flow of your business is always an ongoing priority. To put it simply it enables you to remain in business. The absence of cash may lead to your business being in debt. Being in debt is [...]
Question: What have personality traits got to do with Tax Returns? It is always interesting to note how different personality traits often impact on the way individuals conduct their business. At one end of the spectrum there are individuals that are generally organised and meet deadlines easily. These individuals often plan and prepare as much [...]