Scott & Wilkinson Blog - Page 25
Please select a news item listed below which may be of interest to you. Alternatively, please review our archives at the bottom of the page by year. If any of them are of interest and you require more information, please do not hesitate to contact the office.
Late Payments: The Difference between Small and Large Firms
Date: 23/08/16
Recently, we published an article entitled Late Payments: How to Claim Interest , and we thought it might be appropriate to go into some more detail about situations in which claiming late payment is not the best tactic. You may be aware of the... Read More
Late Payments: How to Claim Interest
Date: 11/08/16
For SMEs in all industries, late payments for goods and services can be a real issue. Cashflow is harder to manage for smaller suppliers, and SME owners can often feel helpless when dealing with larger customers. A question on the lips of many... Read More
Businesses need to make productivity a priority to improve growth
Date: 13/04/16
Recent official figures show that the UK has a problem with encouraging productivity in the workplace. The latest figures released by the Office for National Statistics shows that UK productivity fell by 1. 2 per cent in the last quarter of 2015. Read More
Warning to businesses not paying the new national living wage
Date: 05/04/16
Businesses are reminded that the penalties for not paying the new National Living Wage and the minimum wage have gone up from the start of this month. Whilst the majority of businesses will have focused on making sure their employees are being paid... Read More
Business owners may need to settle their debts
Date: 22/03/16
Business owners and shareholders are encouraged to consider paying back loans they may have received from their company following the government's announcement to increase tax rates on advances. The move to tax loans to participators at a higher... Read More
Budget 2016
Date: 16/03/16
The Chancellor's latest Budget Statement appears on the whole to be positive for SMEs but caution should be applied to certain elements. George Osborne set out from the start of his Budget statement to show that he is on the side of the small... Read More
Business owners and shareholders need to be ready for changes to dividends
Date: 09/03/16
Business owners and shareholders are encouraged to reassess their position on dividends ahead of changes to the way they are taxed next month. At present there are considerable savings to be made in National Insurance contributions if a minimal... Read More
Are you ready for the National Living Wage?
Date: 02/03/16
With just a month left before the new National Living Wage is introduced, employers are encouraged to get the correct payroll processes in place. From 1 April 2016 employees over the age of 25 who are currently earning the minimum wage rate of £6.... Read More
Plan now for the end of the tax year
Date: 24/02/16
Individuals are remidned to use all the tax reliefs and allowances available to them before the current tax year ends on 5 April 2016 in order to minimise liabilities. There are a number of investment and tax planning ideas that should be... Read More
