Rory Earley, CEO of Capital for Enterprise, explores the options...
From the 1st October 2006 the National Minimum Wage Rates will be: • Adult rate £5.35 per hour; • Age-related rate (18-21) £4.45 per hour; and • Over compulsory school age but under 18, £3.30 per hour (Apprentices in their first year are not covered by National Minimum Wage). It will still be lawful to operate these age band rates after 1st October 2006.
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Small business domestic turnover decreased by 7 per cent between Q4 2011 and Q1 2012, research finds.
Hundreds of thousands of UK small business owners are due a sizeable tax rebate from HMRC, according to a tax specialist.
Short-term loan provider Wonga is set to launch a business loan service, which wlll reportedly make funds available within 15 minutes of an application.
Four in five UK small and medium-sized businesses believe that today’s postal rate change will have a negative impact on their company.
Few companies use formal procedures to tackle the problem of late payment, a survey finds.
One in 20 small business owners have remortgaged their own homes to free up money to pay wages and retain employees.
The UK won’t begin to prosper until cash stockpiled by corporates is put back into the economy, says a senior economic advisor at Ernst & Young.
HMRC’s decision to shut down its entire IT systems for nearly a week, just days before the end of the current tax year, has been criticised by the Forum of Private Business.
Small businesses will be hit with significant increases in the cost of postal services after an Ofcom announcement allowing Royal Mail bosses to set stamp prices themselves.
Small companies will be taxed on the amount of cash passing through their businesses rather than through more complicated methods used for large companies.
Patent legislation announced in the Budget has been hailed as ‘key to ensuring manufacturing continues in the UK’.
If you are at the stage in your business development where you can begin to employ staff, there are various issues to consider, including costs of recruitment and establishing the right pay levels for prospective employees.
Filing your employer’s PAYE End of Year return online is the quickest and easiest way for small business owners to send HMRC your details before the 19 May deadline. It also pays for small businesses to file online, as those who do will qualify for the scheme’s £150 incentive. Here are some useful tips from SmallBusiness.co.uk and HMRC to help you file yours successfully and hassle-free.
Legally, you must keep proper records of all wages paid to employees and this guide will show you exactly what information to record.
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