The latest industry news, research and insights
12
July 2015
When you run a business, payroll is an important part of your monthly processing. You need to pay employees correctly and on time if you want to keep morale high but there are also legal requirements to factor into the process, such as ensuring HMRC receives the information and payments they require.
12
July 2015
What small businesses need to be aware of in order to avoid onerous corporate tax bills Corporation tax has had a long history. The Finance Act of 1965 regularised corporation tax, charging a uniform rate on all profits. Shortly after, the Small Companies’ Rate was introduced, recognising the different challenges small companies face.
12
July 2015
Nearly 6 months since the General data Protection Regulation (GDPR) was introduced across the EU, according to the Information Commissioner’s Office (ICO) complaints around Data Protection have nearly doubled in the United Kingdom.
12
July 2015
EPOS provider Reposs has launched a new tool that allows retailers to check their prices against thousands of other stores. The update to the Reposs Core EPoS software provides daily updates on 50,000 nationwide lines to the more than 2,200 convenience stores using the system.
12
July 2015
It’s well documented that the hospitality sector has one of the highest staff attrition rates of any industry in the UK. Not only does this disrupt workflow and increase hiring costs, it also damages hospitality’s reputation as an industry worth moving into.
12
July 2015
Don't ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.
12
July 2015
If your business has grown enough that you can no longer do it all by yourself, how do you go about expanding? Things are simple now, even if they are busy. Looking to bring your first recruit on board is a huge step. It’s also a huge investment in the business.
12
July 2015
If your company has employees, you’ll need to do payroll. There’s not a chance to avoid it, but what is payroll? Well, payroll often means a few different things: Payroll refers to the employees you pay, in conjunction with employee information. Payroll is also the sum you pay employees during each pay period. Or payroll
12
July 2015
Both Bacs Direct Credit and Direct Debit payments work on a three day cycle, taking three working days to clear. Payments are submitted to BACS on the first day, processed by the banks on the second day, and simultaneously taken from the sender account and credited to the recipient account on the third day.
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Don’t ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.
Both Bacs Direct Credit and Direct Debit payments work on a three day cycle, taking three working days to clear. Payments are submitted to BACS on the first day, processed by the banks on the second day, and simultaneously taken from the sender account and credited to the recipient account on the third day.
If your business has grown enough that you can no longer do it all by yourself, how do you go about expanding? Things are simple now, even if they are busy. Looking to bring your first recruit on board is a huge step. It’s also a huge investment in the business.
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