Category: Planning
Why every business needs a business plan
See how a business plan can help your business grow You have the idea, the energy, and maybe even your first customers. So why slow down to write a business plan? It can seem like something banks ask for, but not something that really helps you run your business. However, for small and growing […]
Why Financially Successful Business Owners Can Still Feel Out of Control
How to make sure your personal finances stay on track Your business can be doing well financially but you can still feel uncertain about where your personal finances are heading. For many business owners, wealth has built up gradually and unevenly. For instance, you might have various pensions opened for tax reasons, personal savings […]
Health and Safety Campaign for Home Workers
HSE reminds employers of their responsibilities The Health and Safety Executive (HSE) has launched a campaign to remind employers that they have the same legal duties for home workers as office-based staff. According to the latest figures from the Office for National Statistics (ONS), over a third of workers in Great Britain now work […]
State Pension Set for Rise
But more retirees may face tax From April, people drawing the state pension may see an increase of more than £500 a year, thanks to the government’s triple lock guarantee. The policy means the pension rises each year by whichever is higher: 2.5%, inflation, or average wage growth. The latest figures from the Office […]
Work Starts on Setting Minimum Wage Hourly Rates for 2026
Prepare for potential increases The Government has published the official remit for the Low Pay Commission (LPC) to begin its work on setting the National Minimum Wage (NMW) and National Living Wage (NLW) rates that will apply from April 2026. While the final figures won’t be confirmed until later in 2025, the direction of […]
Government Unveils Small Business Plan
Will it help your business? The government launched its Small Business Plan in August which it believes will help small businesses grow and encourage entrepreneurs to start businesses. The plan recognises that small businesses make a vital contribution to the economy, employing 60% of the UK’s workforce and generating £2.8 trillion in turnover. […]
Windows 10 Is Ending: Are You Ready?
Advice From NCSC on Upgrading The UK’s National Cyber Security Centre (NCSC) is urging businesses to prepare for the fact that Windows 10 will no longer be supported from 14 October 2025. If your business still uses Windows 10 on its computers, it’s time to start planning your next steps. Why does this […]
HMRC Releases Transformation Roadmap
Increased Automation Coming to Tax Services July seems to have been a month of ‘roadmaps.’ In addition to the roadmap for the Employment Rights Bill covered above, HM Revenue & Customs (HMRC) announced its Transformation Roadmap – a plan to modernise the UK’s tax and customs systems by 2030. HMRC have said that the […]
UK Economy: Growth Falters, Inflation Rises
Practical Takeaways for Business Owners Business owners across the UK are facing an increasingly complex economic picture. Inflation has crept up again and recent figures show the economy has contracted for two months in a row. So, what’s really going on – and what should you be doing as a business owner? Inflation rises […]
Government Unveils Roadmap for Employment Rights Bill
What are the implications for your business? Following publication of the Employment Rights Bill in October 2024, the government has published a comprehensive implementation roadmap. The roadmap outlines a phased timeline for one of the most significant overhauls of UK employment law in decades. Aimed at raising living standards and strengthening workplace protections, it’s […]
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