Plans to remove the employment allowance for large employers from April 2020 could impact on smaller firms. This allowance provides employers with a reduction to their national insurance contributions (NICs) bill of up to £3,000. Employers that claim the allowance can carry it forward from one tax year to the next, but that will stop…
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The Key To Keeping Up: How To Think Like a Futurist
Whether you’re a scientist mastering new machinery or a small business owner making the transition from Post-it notes to online accounting, everyone is asking the same question: how can we keep up in an increasingly fast-paced industry? The answer is surprisingly simple. ‘We can’t predict the future,’ explains futurist Reanna Browne. ‘What we can do, however, is expand our thinking around Continue Reading
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An update for hauliers
If you are involved in the transport of goods to and from the EU HMRC have posted useful guidance on what you will need to do to accommodate a no-deal Brexit on 31st of this month. The guidance can be downloaded as a PDF from https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/836920/transporting-goods-between-the-uk-and-eu-in-a-no-deal-brexit-guidance-for-hauliers.pdf Transitional arrangements are in place regarding licenses and permits.…
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Coughing up: Managing Late Payers in Business
When small businesses thrive, the UK economy thrives. When they don’t, we all suffer. Business failure is often attributed to a large-scale shock, such as the financial crisis of 2008. But, it’s often long-term things bubbling away under the surface that can have the same, if not greater impact. I’m talking about late payments. When an invoice isn’t paid on Continue Reading
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