On 10 October, the government unveiled its long-anticipated Employment Rights Bill, a comprehensive package of reforms designed to strengthen worker protections, boost pay and improve productivity across the UK. The bill is undeniably ambitious, introducing 28 individual reforms that could have far-reaching consequences for business owners—particularly small businesses. At the heart [...]
The rising cost of living in the UK has affected everyone. In March 2022, 83% of adults reported seeing everyday costs rising, including energy prices, fuel, and food and drink. As someone living in the UK, you’re probably also looking for ways to cut costs. As a business owner, it’s likely [...]
One of our most frequently asked questions is “Can I give shares to key employees? And what are the tax implications of this?” Why do you want to do this? The answer is yes you can give your employees shares, but before we investigate how, we should look at your reasoning [...]
HMRC want all people you “employ” to be on your payroll and for taxes to be deducted from them at source and paid over each month. The reality is more complicated. More and more people are demanding flexible working and do not necessarily want to be tied into a traditional employee [...]
As the new tier system kicks in, many businesses are finding themselves facing tough times and some very difficult decisions this Christmas. Over the last six months, you have probably already had to make some hard choices, as your business has seen its work dry up and its income drop off [...]
Increasingly, employers are asking employees to work from home. However, this comes with additional household costs for them. Nevertheless, there is tax relief available. The additional costs your employees can claim for include heating, water bills, business calls or even broadband connection. How much can you claim: Employees can claim a [...]
When you have a home-based business, it can be difficult to have a clear separation between work and home. The ability and temptation to pop into the office, whatever time of the day or night is always there. But it also brings many benefits – it’s about getting the balance right. [...]
Ever dreamed of starting a family business or considered investing in a franchise opportunity with friends? Businesses owned and operated by families can have incredible staying power. Volkswagen, Samsung, and Nike - all family-owned companies - are among the world’s most successful, leading brands. It can be fun and rewarding to [...]
Eighty per cent of staff turnover is caused by bad hiring decisions, according to the Harvard Business Review. There are many reasons why your staff turnover is high and finding these snags in your recruitment process is the key to reducing this. The most frequent reason is lack of personal development; [...]
This month is all about the people problem; we will give you some great insight and advice on how recruiting and managing good people is vital for your business’s growth. Effective recruitment is crucial for your business, and with these simple must-haves, you’ll have a highly qualified team that can progress [...]
