20th March 2015

10 Good Reasons to Pay into a Pension Before April

There are big changes ahead on the pension front as of April 2015. So, read these top ten tips to ensure you make the most of your pension savings: 1.Immediate access to your pension savings for over 55’s – the changes to the legislation mean that the over 55’s will now be able to access their pension savings like they can with any other savings accounts. Generally, due to the combination of tax relief and tax free cash, pensions will […]
19th November 2014

FRS 102 -Are You Ready?

The new Financial Reporting Standard (FRS) 102 regulations affecting medium and large companies will be coming into place and starting to affect your accounting period beginning on or after 1st January 2015. Are you ready for it? You will need to know what areas of the your business this will affect. Some of the areas that are being looked at include calculating holiday pay and staff costs; re-valuing your fixed assets; grants; revenue splits – the list continues. To read more […]
28th February 2014

Economists React as Inflation Beats 2% Target

For the first time in more than four years, inflation has fallen below the Bank of England’s 2% target. The latest statistics show that the annual rate of inflation dropped to 1.9%, which is great news for consumers in the UK. This fall in inflation further supports the government pledge that interest rates will not rise for at least a year. To read more of this post click here
13th February 2014

You’re Hired!

Apprenticeships are work-based training programmes that lead to recognised qualifications. They are based around the needs of employers and there is funding available to train not only new but existing employees. Many school leavers are now looking at apprenticeships as options after school, as university is becoming more expensive. The training for an employee is almost exclusively ‘on the job’ training at the business premises. To read more of this post click here
12th February 2014

2014 Budget ‘will help small businesses,’ pledges Chancellor

George Osborne has stated that the forthcoming Budget on March 19th will address the issues faced by small businesses. One of these measures is the introduction of the new Employment Allowance, which will give every UK business and charity up to £2,000 off their employer NI bill. This comes into effect from April 2014. To read more of this post click here  
23rd September 2013

Auto Enrolment: An Employer’s Guide to Pension Regulations

Although the government rolled out auto-enrolment with a huge advertising campaign, there is still a lack of understanding about what this is all about. It has also been said that the legislation seems heavily weighted against SMEs that may not have the luxury of financial scale or resource. Here is a starter guide which outlines employer’s key legal obligations, and how to introduce the compulsory pension scheme. To read more about this, click here