Chancellor Philip Hammond has announced significant changes to the amount of VAT SMEs will have to pay. This article from www.smallbusiness.co.uk explores the matter further. Major changes have been announced for the amount of VAT that many small businesses will have to pay in Philip Hammond’s Autumn Statement. This will affect businesses that use the..
We deal with all sizes of business and thought this is a great article from Business Matters Magazine regarding building a successful team and retaining great staff. No successful big business owner is an island. You can keep a small business running by yourself, but if you are ready to achieve growth, then you need..
From The Guardian : Accounting, payroll and payments software company says internal login was used to gain unauthorised access. Sage, which provides accounting, payroll and payments software for businesses, has released a statement saying that an internal login had been used to gain unauthorised access to the data of some of its British customers. The personal..
An article on smallbusiness.co.uk looks at the biggest reform to insurance for more than a century has almost come into force but businesses are being warned to ensure that they do not fall foul of the changes. The Insurance Act, which affects all new contracts from August 12 onwards, introduces a more policyholder-friendly regime. Billed as good..
HMRC have recently introduced “KC” as a new prefix for National Insurance numbers. This change was not included in the specification HMRC provided to payroll software developers this year. It’s also not catered for by the Government Gateway itself. As a result, Opera 3, Opera II and Capital Gold payroll systems do not accept NI..
Andrew Firth looks at what an ageing workforce means for small businesses, and what role company owners can play to maximise productivity. Over-50s have increasingly become an innate characteristic of the UK workforce. As business owners observe an increase in the number of older workers remaining in employment for longer, employers need to prepare themselves..
The start of 2016 has already seen widespread unease in the business world, with share prices fluctuating wildly. By Nick Martindale There are real economic concerns in the form of the slowdown in China and the weakening oil sector, while closer to home the possibility of Brexit is causing a distinct sense of unease. The following..
Here, Ed Molyneux explores the changes to the tax process that will commence on April 6th. If you are still getting over what was, for many, the stress of the January 31st tax self-assessment deadline, get set for another upcoming milestone. April 6th fires the starting gun on a new financial year that will bring..
“8 of 10 Accountants recommend Sage Software”, said Sage’s extremely successful advertising campaign of 20 years ago. Limited competition at the time made it easy for accountants and bookkeepers to recommend Sage 50 to SMEs, in the knowledge that they were recommending probably the best software in the market. Sage is still recommended as a..
Here are some top tips from Emily Coltman to help you brush up your bookkeeping and get your business set for fresh new growth in the months ahead. Now that winter is winding down and self-assessment season is over for another year, it’s a great time to start thinking about how you could do some..