The rise of the Olderpreneurs

The Editor Non Members, Public 0 Comments

Research has revealed that far from taking it easy in the run-up to retirement, more baby boomers are launching new enterprises than they did a decade ago. Having looked at the demographics of a million plus business banking customers…

Paying mileage allowance to contractors

The Editor Non Members 0 Comments

Did you know that if you trade through a limited company, then you can pay yourself or your employees a mileage allowance for business journeys made in their own vehicle car using HMRC’s approved rates. If you use these rates then any mileage allowance payments made will be tax and NIC free for the employee and your company can claim a tax deduction. HOWEVER…

Salary Sacrifice: New Guidance

The Editor Non Members 0 Comments

HMRC has clarified the transitional rules for salary sacrifice arrangements, which are less generous than they first seemed. Recap on the transitional rules Look out for the trap Variations Payroll implications Premium & Pro members: Login to your members intranet for the full rundown, comments and links to specialist guidance.

Talk on the PAC behavioural model

The Editor Non Members 1 Comment

Many thanks to Richard Winterbourne of ABT (Addition Behavioural Therapies) for an interesting insight into how we behave and communicate at work. Despite the projector dying, Richard used, with examples, the P.A.C. model of Transactional Analysis Effective Communication to illustrate how we communicate with each other in the workplace, doing do …

National Living Wage applies to age 25+

HR & Employment Law Non Members 0 Comments

The National Living Wage does apply to workers aged 25 plus In April 2016 the National Living Wage (NLW) became a legal minimum requirement for workers 25 years and over. Employers are legally obliged to pay their workers the following rates (These were increased on 1st April 2017 and correct from …

Have your business voices heard

The Editor All Members, Non Members 0 Comments

Dorset Chamber of Commerce and Industry (DCCI) is urging all firms to have their say in its Quarterly Economic Survey, whether or not they are chamber members. Results from the survey are used to lobby government through the British Chambers of Commerce. They are also fed back to local councils, MPs and …

Reforming the business rates appeal process

Accounting & Tax Channel All Members, Non Members

The news recently has been full of unfortunate cases illustrating the consequenses of the up and coming business rates review in April this year. Simon Jack, business editor at the BBC says: “Although many businesses are expecting small falls in business rates in April, around a third are expecting very sharp …

Pension scams are still ongoing

Admin Non Members

“Be very wary if you are offered a ‘free pension review’ out of the blue and especially if you are then encouraged to move your pension to get better returns or release cash sums.” The Financial Conduct Authority (FCA) are aware that people are being contacted unexpectedly and offered a …