Whether you are an employer or an employee then you should be aware that the National Minimum Wage increases from 1st October 2013 for all classes of employees. The current and future rates are as follows: Employee Current From 1st October 2013 Apprentice £2.65 £2.68 Under 18 £3.68 £3.72 Age 18 – 20 £4.98 £5.03 … Continue reading Changes to Minimum Wage Coming in on October 2013 →

So the weather has turned cool, and our thoughts now move from summer holidays to Christmas and in particular the works Xmas Party. The tax office is quite generous in the way it views staff entertaining. Not only is the cost of providing a party free of both tax and national insurance, there is also … Continue reading Tax Guidelines for Entertaining Staff Members →

If you employ someone then it is important that you understand your obligations to provide paid holiday. We are grateful to Croner Publications for the following article. The Employment Tribunal recently awarded £4,000 to a part-time chip shop worker after the owner denied her holiday pay. The 18-year old girl had been employed for over … Continue reading Employment Pay And Paid Holiday Rules Explained →

Is your annual turnover below £79,000? and Are your customers all or mainly VAT registered businesses? Or, is your annual turnover between £79,000 and £150,000? If the answer to the above is “yes” then you may be able to increase your profits by registering for VAT and applying the “Flat Rate” scheme. Under the Flat … Continue reading Do you want to increase your profits without doing any more work? If so, read on… →