Workaholics have poorer health and lower productivity

4 August 2016

A new research study has concluded that workaholics are at risk of harming not only their health but also their professional performance, scoring poorly on both psychological wellbeing and work-related outcomes such as productivity.

£33 million crackdown on modern-day slavery

3 August 2016

The Prime Minister Theresa May has pledged £33 million in a crackdown on modern-day slavery, vowing to target slave masters in nail bars, car washes, brothels, construction sites and farms.

Opportunity to double the number of small business exporters

20 July 2016

A new report from the Federation of Small Businesses (FSB) has revealed an opportunity to double the number of small business exporters. There are clear benefits to exporting, with the average annual turnover of an exporter at £935,921 being more than double that of a non-exporter at £390,028.

Climate change and small businesses

13 July 2016

The Federation of Small Businesses (FSB) has again called for a “more resilient business community” to tackle the risks posed by climate change. This call is backed up by a new report from the Adaptation Sub-Committee of the Government’s Committee on Climate Change. The report confirms that there is a growing risk to small businesses, two-thirds of which have been adversely affected by extreme weather in recent years.

Business and tax updates for SME

12 July 2016

John Davison, writer, lecturer and accountant, keeps you up-to-date with news and current trends — as they happen and affect the smaller business.

Employers urged to think about work place benefits

30 April 2015

One size definitely does not fit all and employers are missing a trick by not tailoring work place benefits according to gender and age, a new study of 2400 UK employees by PricewaterhouseCoopers (PwC) suggests.

Road risk resources for SMEs

20 April 2015

A road safety charity has published a new free resource pack on road risk for small to medium sized enterprises (SMEs), aimed at helping to tackle work-related vehicle crashes.

Shared parental pay and leave

11 March 2015

In respect of babies due and children placed for adoption on or after 5 April 2015, parents have more flexibility to share leave as, where an employee on maternity or adoption leave returns to work early, the balance of the leave may be taken as shared parental leave by either the employee, the employee’s partner or the child’s other parent, as long as certain qualifying conditions are met. Shared parental pay is also available if the employee returns to work before the end of the maternity or adoption pay period for the balance of that period. Shared parental pay and leave replaced additional paternity pay and leave for babies due and children placed for adoption on or after 5 April 2015.

Collection Class 2 NICs under self-assessment

11 March 2015

From 2015/16, Class 2 National Insurance contributions will be collected with income tax and Class 4 contributions via the self-assessment system. Direct debit and quarterly billing will cease in respect of contributions due after 5 April 2015.