With all the recent gloomy predictions for the UK’s economy, George Osborne today outlined a range of new measures intended to drive growth and support small and medium-sized businesses. Key points included in the Chancellor’s Statement were: A new National Loan Guarantee Scheme worth £20 billion will see the Government underwriting loans to small enterprises, [...]
From 1 October 2011 the national minimum wage rates increased as follows: Aged 21 and above £6.08 per hour Aged 18 to 20 (inc) £4.98 per hour Training Rate: Aged 16 and 17 £3.68 per hour Apprenticeship Rate £2.60 per hour For more information click here. Technorati Tags: National Minimum Wage
It must be some six years ago I first met (virtually) Emily Coltman who was at the time working for a regional firm of accountants. Emily was not long qualified but she was very interested in new technology and how this could help the smaller business, so no wonder that Emily has ended up as [...]
Did you know that from 1 October 2011, agency workers who work in the same role with the same hirer for 12 continuous calendar weeks will be entitled to the same basic employment and working conditions as employees in comparable roles. For more on this story go to the Business Link website by clicking here. [...]
In the world of small and medium sized businesses change is an on-going feature of running a business. Some of the changes that occur are beyond the control of business owners. Frequently these changes emanate from statutory obligations to which the business must comply. For example changes that are instigated by Companies House or more [...]
Mileage rates from today, 6 April 2011, will be increased to 45p a mile for the first 10,000 miles. The rate for mileage over the first 10,000 miles will remain at 25p a mile. Technorati Tags: Mileage Rate Changes,HMRC,AMAP
Outsourcing the payroll processes of your business simply means that you transfer a traditionally in house function to external company. That is you will no longer be responsible for the completion and management of that particular task. All of the routine duties involved with payroll processing are shifted from within the company itself, allowing for [...]
The state of the economy is always an area of concern, the impending new legislation in April and an uncertain tax environment can make the decision to employ staff one of the hardest decisions that you may have to be make in the current year. Apart from concerns over the pace of economic growth, there [...]
You need to be aware that the National Minimum Wage (NMW) rates increased from 1 October 2010, and the age bands those rates apply to will also alter as follows: Aged 21 and over (previously 22 and over) £5.93 (was £5.80) Aged 18-20 (previously 18-21) £4.92 (was £4.83) Aged 16 & 17 (previously under 18 [...]
Are you aware that the main provisions of the Equality Act 2010 will come into force on 1 October 2010? On 1 October 2010 provisions coming into force include: The basic framework of protection against direct and indirect discrimination, harassment and victimisation in services and public functions; premises; work; education; associations, and transport. Changing the [...]
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