When you start a business one of the things you need to arrange is a bank account to enable you to keep your personal and business spending separate. If you are starting as a sole trader/self-employed with just a little income initially it is tempting to …
During my 15 minute drive to work each day I encounter 17 roundabouts. Its a pleasant journey with no nose to tail traffic and stopping only to give way at the roundabouts and a possible halt at a single set of traffic lights. This morning was no different except …
During the current crisis HMRC has allowed VAT registered businesses to defer paying their VAT liability for the period between 20 March and 30 June 2020. This deferment applied to VAT periods ending 29 February, 31 March and 30 April where payments would be due by 7 April, 7 May and 7 June. That deferment period is now finished …
Although lockdown has restricted business for many, as a payroll provider to a large number of businesses I know that some businesses have been taking on new employees over this period. There will also be individuals who have used this time to start their own business and will be planning for the costs involved in taking on their first employee as the business grows. So if you are a potential new employer here are some points you need to think about along with the costs you need to plan for. …
We are about to start our fourth month of calculating furlough pay for employers who have been furloughing staff on and off since early March. From 1st July we will have an even more challenging set of calculations if employers have employees working some of their normal hours and furloughing them the rest. We will be able to do the calculations but how well will flexible furlough work for small businesses? …
