Deciding how much to pay staff and the best way of paying
their salary is one of the first decisions a small business owner must make
when hiring employees. Getting this right is important as the different ways to
pay staff can affect employee performance and loyalty.
What are the different ways to pay staff?
A weekly or monthly pay cheque might be the most obvious way
to pay staff, but there are alternatives. Salaries and payments can be made in
a number of ways, and employers
If you run a VAT-registered business with a taxable turnover above the VAT registration threshold (currently £85,000) you are required to keep digital VAT business records and send returns using Making Tax Digital (MTD)-compatible software. The vast majority of businesses will need to do this for VAT periods starting on or after 1 April 2019. Businesses with a taxable turnover below the VAT threshold can also sign up for MTD for VAT voluntarily.
If you are registered for VAT and your taxable turnover is above the VAT registration threshold (currently £85,000), you must keep digital business records and
For the past 12 months, in the run-up to new legislation, the gender pay gap has been at the forefront of discussions in business and of how organisations must work to close the gap as they scramble to report their figures.
Since April 2018, all employers with 250 employees or more are required to publish their gender pay gap data every year.
But, what actually is the gender pay gap, what can we do to address any imbalance and what does it
By Gary Townley Senior communications manager at Companies House.
When you hear the word limited, what do you think? It sometimes brings up negative thoughts. For example, the project has met with limited success, he tried his best but the performance was limited, there was limited room for improvement.
On other occasions, it can mean the exact opposite. A limited edition can mean the product is exclusive, more valuable or have special features. A limited edition print, a collector’s edition of a book and
A guest blog from Jason Lewis at StrongWell.org
For years, you’ve worked for the man in the corner office. This is the boss who tells you how much you’re costing the company or promises to put on track to be partner – just like he was saying 14 years ago. You’re sick of it, and you’ve mustered the courage to start your own business. You’re not alone: Around 550,000 Americans are becoming entrepreneurs every month. Yet, the rate of failure of startups
You can get small business rate relief if:
you only use one property
your property’s rateable value is less than £12,000
Contact your local council ( see below) to apply for small business rate relief.
What you get
You’ll get 100% relief (doubled from the usual rate of 50%) until 31 March 2017 for properties with a rateable value of £6,000 or less. This means you won’t pay business rates on properties with a rateable value of £6,000 or less.
The rate of relief will gradually
Guidance for business and academic organisations on how to get advice and support to test and develop innovative products and services with Innovate UK.
If you have an idea for an innovative product or service, you can get help from Innovate UK to develop it and make it successful.You can get technical help and access specialist facilities. You can also get expert knowledge from universities and research organisations.Innovate UK provides opportunities to help you network, share ideas and find project partners.
Exporting needn’t be difficult. It doesn’t matter which country you’re looking at, or what industry sector you are in, or what stage your business is at, UK Trade & Investment (UKTI) can help you.
On average, companies earn £100k in additional sales within 18 months of working with UKTI, and the advice given by the UKTI’s trade experts is FREE.
If you want your business to grow internationally, with UK government’s global support, tap into the ULTI’s expertise right now.
Enter your details here, and
An article by the Business Companion, giving a guide to Trading standards Law which applies to Distance Selling.
Distance selling covers the sale of goods, services or digital content where there is no face-to-face contact with consumers
TV shopping channel
If your business is selling using any of these channels the view the guide here.
Find out how the UKTI’s Tradeshow Access Programme (TAP) can help promote your business overseas, and how to apply for financial support.
The Tradeshow Access Programme provides funding in the form of grants for eligible businesses to attend overseas trade shows. The funding helps your business gain:
experience in attending and getting the most from overseas trade shows
advice and support from trade experts
UKTI can offer grants to eligible businesses taking part in the programme. The grants must be matched by