Retirement saving is an important issue, especially as the law has changed and is now very much in force in the UK. People are living longer and need more money in retirement, it really is that simple. Millions of us not are not saving any money at all, let alone putting money away for our retirement, and that’s exactly why automatic enrolment was introduced. Find out more about auto enrolment, and what you need to do as an employer.Read More
Most businesses often start out using Excel spreadsheets and then make what has always been seen, and understood, as the “natural progression” to Sage, but why follow the crowd? This blog explores why you should be using Xero and outlines the pro’s and con’s of using the more traditional accounting software packages, and why you really should consider getting your head in ‘the cloud’.
The law on workplace pensions has changed and is now fully in force. Under the Pensions Act 2008, every employer in the UK must put certain staff into a pension scheme and contribute towards it. This is called automatic enrolment.
Whether you’re a hairdresser, an architect or employ a personal care assistant, if you employ at least one person you are an employer, and you have certain legal duties and obligations.
As most of our clients will know, we have expanded considerably in the last 2 years. We have seen the addition of several new members of staff to help us keep up with our increasing workload and growing client base. However, the building that we currently occupy simply isn’t big enough, and we are now in the process of building new, purpose built, premises in Burscough, just a few of miles down the road.
It’s generally more tax efficient for a director shareholder to extract the majority of profit from a company as dividends rather than take it as a salary. But what if the company is undertaking R&D? Is this still the optimum remuneration strategy?Read More