Business owners must plan for the 2012 bank holidays as the late May bank holiday is planned to move to Monday the 4th of June as part of the Queens Diamond Jubilee celebrations, with Tuesday 5th June also designated as a bank holiday.
The Federation of Small Business (FSB) has urged the Government to cut employers national insurance contributions (NIC) in order to incentivise small business to take on new staff. The FSB conducted a poll of its members, with nearly one third claimed that cutting NIC for the first six months of any new employment would encourage [...]
During this half term break, many staff will be on holiday this week, a survey has revealed that over a third of UK employees are still working on holiday, taking business calls, with the over 65’s and the top level management being the most likely to never switch off from work. The battle between the [...]
Businesses and employers across Britain risk a penalty if they fail to file their Employer Annual Returns (P35 and P14’s) online before the 19th May. Following the changes that came into effect earlier this year HM Revenue and Customs are more than likely to make a charge for any documents filled after the 19th May. [...]
Business owners across Britain have backed the Royal Wedding as a public holiday in celebration of the Royal Wedding on the 29th April, recent research by Regus has revealed that two thirds of the 4,000 employers that participated agreed that staff should get the day off. Celia Donne, regional director at Regus, remarked, “Contrary to [...]
Owners of Small to Medium sized Enterprise (SME) tend to recruit members of the family as they firmly believe that they will work hard, according to a report by Hiscox.
Hiscox conducted a survey of 1,000 SME businesses owner, and found that 94% of those who took part took the view that hiring a family member is a positive move.
Business Secretary Vince Cable said: “It’s important that we free small firms up so they can grow and drive the economy. The changes I have announced today mean that small firms will be able to concentrate on growing and taking on more people instead of paperwork.”
According to R3, an estimated 22 per cent of company administrations are currently pre-packaged (essentially having a sale agreed before the company is placed briefly into administration) because of concerns suppliers will make “unreasonable demands” over contract prices during the insolvency process. It added that around 14 per cent of liquidations could be avoided if materials were supplied at pre-insolvency rates.
Corporate insolvencies look set to rise by over 1,000 cases next year with nearly a million businesses suffering decreased profits and other forms of financial distress, according to the Association of Business Recovery Professionals
However, from the 1st of March, its powers will extend to include regulating commercial websites and businesses who promote their products using social networking platforms such as Facebook, Twitter and Linkedin.
