‘Long COVID’ also known as ‘post-COVID-19 Syndrome’ is when the COVID-19 symptoms last weeks or months after the infection has gone. Being able to spot the signs and symptoms of Long Covid amongst employees will be vital over the coming months for UK companies. Psychotherapist Noel McDermott offers the following advice to employers on how to detect whether a member of staff could be suffering from Long Covid, signs to look out for and how to fully support them.[continue reading…]
Socialising with colleagues feels good, but it also has benefits for the business. Working face-to-face with colleagues can both help maintain a good working culture and boost collaboration. But a year of working from and/or furlough has seen many workers coping with social isolation.[continue reading…]
If you have started a business or are thinking about starting one, then you will need to decide on a business structure. You can choose to create a limited company, work as a sole trader or a partnership. Each business structure varies, especially when it comes to accounts and the bookkeeping. Sole trader owners are classed as self-employed, therefore they have their own set of tax rules and regulations to adhere to.
For an entrepreneur, it’s easy to feel disillusioned after a setback but, here’s why this can actually be a great thing for your business.[continue reading…]
Reader’s question: If I worked for a number of companies, each with their own individual name accounts and account number, would I be issued with a p60 for each one or could each income from each company be all on the one p60?[continue reading…]
The average workplace is now made up of four generations, with millennials and Gen Zs accounting for most of the global workforce. Whilst these two generations are the youngest, with Millennials born from 1981 to 1996 and Gen Z’s born between 1997 and 2012, they don’t necessarily have a great deal in common.[continue reading…]
When you’re not there to oversee things, standards start to slip and the overall health of your business can start to decline. The pandemic has given the vast majority of us experience of working from home. Initially, it takes some getting used to, but we’ve been able to adapt and thrive.[continue reading…]
As a start-up, it’s all too easy to feel overwhelmed. With so many things to consider, software might be the last thing on your mind. But the right software can make day-to-day processes run more smoothly, helping you to focus on what’s most important. Stay organised and keep your business on track with these software recommendations.[continue reading…]
Salary benchmarking has become one of the most important tools for businesses seeking talent. If you’re struggling to find the best and you’re offering the average wage, it’s tempting to up your offering and see who takes the bait. But what if you don’t have the budget – or the inclination – to inflate the market? Are there more important things to job seekers than money? What are the options open to your business?[continue reading…]
Reader’s question: I am interested in setting up a company and would like to associate it with a particular name. When searching companies house I found that the name I was interested in had been registered in the past but the status was showing as ‘DEAD’. Would you be able to advise what this means and whether I would be able to use this name?[continue reading…]
If you’re thinking of selling your business, it is important to keep tax considerations in mind. One way to do this is with an Employee ownership trust, which enables you to sell your business without tax (tax free).[continue reading…]
If you work for yourself, there’s a strong chance you’re a sole trader. As a popular method of setting up a small business, sole traders make up almost 60 percent of all self-employed people in the UK.[continue reading…]
You must act fast to avoid your business being harmed by bad air quality. Productivity is one of the most important variables to examine for every company. Your earnings will almost likely rise if you can increase your productivity. As a result, it’s no surprise that business owners all over the world are constantly seeking innovative ways to boost productivity and engage their employees.[continue reading…]
Starting a business can be an adventure, even more so when you have just graduated. After leaving university, for the first time you are exposed to the real world. It’s also the time that you make the moves and take the steps to define the person you are going to be and the career you will have. You might be ready to dive into an office job by being an employee or you might have ideas that could make you your own boss.
You don’t need us to tell you that the world of work has changed. If you are involved in working remotely, you’ll also know that some aspects of work life have become even more exhausting.[continue reading…]
Reader’s question: If I structure my ltd company with my two older children as directors’, can I then via company supply them lease cars paid from the company as they are directors?[continue reading…]
Reader’s question: I am a sole trader and have machinery worth £20k. If I transfer this to a Limited company by selling it to the company and setup as a director loan in the company, how do I treat this from a self-assessment point of view….do I pay CGT on the £20k?[continue reading…]
To start a business whilst studying may seem incredibly daunting, you may feel like it’s not the right time or that you’re not ready. However, having access to your student resources could be hugely beneficial for starting up your business and to the success of it. So if you have a dream of starting your own business, then why wait around? Get started on building your future today.