recruitment back office

Why outsourcing could make your life a whole lot easier

Outsourcing business tasks is becoming more and more common thanks to the fact that more and more business owners are reluctant to commit to employing people. In the past, if a business owner needed a marketing expert or a bookkeeper for example, the tendency was to hire someone and create a ‘mini department’ within their business for that function.  In …

international trade

VAT implications for international trading

Place of Establishment If your business trades internationally you should be aware of the implications of the concept of ‘establishment’ for VAT purposes and how the agenda is being driven by the Courts. The Principal VAT Directive states that services are supplied where the relevant person (supplier or customer as the case may be) has established his business. The Council …

working with laptop on the beach

Online invoicing means faster payment

Getting paid for the work you do or the products you sell is the over-riding objective of every business, but when it comes to invoicing, some business owners have a tendency to leave it to the last minute. In today’s tough economic climate, there is no getting away from the fact that a healthy cashflow is one of the finest …

accounting standards

New accounting standard may affect all – particularly those with temps

From 1 January 2015, all UK businesses are being required to deal with a significant reshaping of UK accounting principles. Financial Reporting Standard 102 Financial Reporting Standard 102 has been introduced as a replacement for all existing Financial Reporting Standards (FRSs) and Standard Statements of Accounting Principles (SSAPs) with immediate effect. This new Financial Reporting Standard represents one of the …

The Ben Nevis Challenge

Brain Tumours are the biggest cancer killer of children under the age of 15, most people are not aware of this fact. Our sister company’s managing director, Andrew, and his family were unlucky enough to have it written in bold and underlined in November 2010 when their son Tom passed away after a gruelling 7 month fight against a particularly …

Dragons’ Apprentice

Can you turn £100 into £1000? Pupils from secondary schools across North Herts attempted this challenge and succeeded in raising over £10,000 for fantastic causes in the local area. Organised by the North Herts Centre for Voluntary Service, the annual Dragons’ Apprentice Challenge saw teams, partnered with a nominated charity and a ‘dragon’ business advisor, develop innovative business plans to …

Onshore Intermediaries Explained

On 6 April 2015, the recruitment landscape shifts once again. For those of you who provide temporary contractor services, you will be caught by the Onshore Intermediaries Legislation. Having been introduced around twelve months ago, this legislation is designed to prevent the perceived increase in false self-employment and the supply of workers through offshore locations. The new regulations will help …

Running your business in the Cloud

The ‘cloud’ is a commonly used term these days, but it’s also a term that’s often misunderstood or shrouded in mystery for some business owners. Running a business can be complex, requiring a whole range of sometimes sophisticated processes in order to be efficient, effective and even compliant. This can result in a mix of IT packages that are more …

Meet your VAT obligations with HMRC

RTI penalties made clear by HMRC

If you take responsibility for payroll, either in-house or outsourced, it’s essential that you keep your finger firmly on the pulse of the changes that happen as this new RTI regime unfolds. One such change is the original plan for imposing penalties across the board for all offenses automatically. Thankfully HMRC have had a bit of a re-think on this …

Top 10 employment issues for 2014

When you run a business, you can sometimes feel that all your time is spent doing administrative tasks and the time you have left to actually do your job is stripped away to the bone. It may well be that you burn the midnight oil doing bookkeeping or accounts or it could be that you use the wee small hours …