NATIONAL MINIMUM WAGE RATES RISE The national living wage (NLW) will rise to £9.50 per hour for pay periods starting on and after 1.4.22 along with the other national minimum wage rates The apprentice rate will rise significantly by 11.9% to £4.81 and wil ...
BEWARE OF MINI UMBRELLA COMPANIESUmbrella companies employ temporary workers such as contractors on behalf of employment agencies or very large companiesAn umbrella company should provide each worker with an employment contract and payslips. It should als ...
As the MD of a small business myself I completely understand the peaks and troughs in workload and the ongoing debate about when might be the right time to hire an employee and grow my business, but of course as an experienced HR Consultant I have a bit o ...
CORPORATION TAX COMPLEXITYThe Chancellor announced that taxes would have to rise, but not quite yet, as all tax rates except for VAT are frozen for 2021-22Large companies will then see their corporation tax rate rise from 19% to 25% from 1 April 2023. Com ...
SELF-EMPLOYED GRANTS If you are self-employed and your business has been adversely affected by COVID-19 you may be eligible to claim a grant from HMRC of up to £7,500 To qualify for this self-employed income support scheme (SEISS) you must meet all of t ...
IR35 changes were introduced in the public sector from 2017. A similar process is being rolled out for private sector organisations. Does it impact on your organisation and do you have processes in place? The Reason for IR35 changes Historically, an indiv ...
Cyber security is an important challenge for business owners. With the increase in online fraud keeping data secure is essential for running your business, business reputation and data protection regulations. Many companies use external service providers ...
