Reporting changes to the confirmation statement
There have been a number of changes to the reporting required by limited companies, one of which is the replacement of the Annual Return by the Confirmation Statement. As the name suggests, the Annual Return was submitted annually at a cost of £13. Whilst a return could be submitted more frequently the fee was payable … Continue reading Reporting changes to the confirmation statement
The new Workplace Pensions rules have applied to large employers for some time, and are now being applied to an increasing number of the smaller employers. Under these rules, all employers who have reached their “Staging Date” have duties towards all of their staff who are: working or ordinarily working in the UK aged between … Continue reading Workplace Pensions Advice And The Impact On Smaller Employers
The National Minimum Wage has been increased with effect from October 2016. This affects the minimum wage of people under the age of 25. People aged 25 and above are paid at least the National Living Wage, and this will be reviewed in April. Putting these two pieces of legislation means that for the period … Continue reading National Minimum Wage has been increased
Every business uses data. If that data is of a personal nature then the collection and use of that data is covered by the Data Protection Act, and there is no exemption from the Act based on the size of the business. The Act defines what personal data can be held by a business, the … Continue reading What do you know about data protection?
Christmas is coming, so time to look at the rules governing staff entertainment, and even a “one-man” business should continue reading on to the very end. Firstly, the general rule. The cost of annual events up to a limit of £150 per employee is tax deductible. The most common annual event is the Xmas do, … Continue reading Christmas is coming – looking at the tax rules governing staff entertainment