Umar Memon
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Employee-owned businesses and tax incentives
The Government is increasing the number of tax incentives associated with employee share schemes in a bid to boost the number of John Lewis-style, employee-owned businesses in the UK. The independent Nuttall Review in 2012 concluded that companies operating in… Read more Employee-owned businesses and tax incentives
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Business red tape: cuts and new regulations
Published twice a year, the Government’s Statement of New Regulations details all regulations – including EU measures – due to come into effect over the following six months. As part of the Government’s ongoing drive to reduce the red tape… Read more Business red tape: cuts and new regulations
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Economic Update: August 2013
Looking back Although economic recovery in the UK remains slower than anyone would like, the past six months have shown encouraging signs of an economy beginning to get back on track. Following contraction in the last part of 2012, news… Read more Economic Update: August 2013
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Starting in business
Around 400,000 businesses start up every year. It is estimated that around one third of these cease trading within the first three years. But new business owners do not set out to fail. So what steps can you take to… Read more Starting in business
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HR Facebook Comments Case Study
With the ever increasing use of social media the case of Teggart v TeleTech, which relates to offensive Facebook comments, gives some insight into possible actions that an employer may take. Mr Teggart worked for TeleTech UK Ltd, which provides… Read more HR Facebook Comments Case Study
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Employing apprentices: checklist
The take up of apprenticeships is increasing among employers. Here is a checklist of things to consider when employing apprentices: 1. Ensure you can offer 30 hours per week for at least a year 2. Can you afford more than… Read more Employing apprentices: checklist
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Employee engagement: best practice
Increasingly there is talk of the importance of employee engagement in the workplace. But what does best practice in employee engagement look like? Here are a few key principles: Identify the problems that make the workplace uninteresting for employees… Read more Employee engagement: best practice
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Less than half saving enough for retirement
More than half of those who could, and should, be preparing financially for later life are not saving enough and one in five is saving nothing at all, according to a report by Scottish Widows. Of those aged over 30,… Read more Less than half saving enough for retirement
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SME borrowing and FLS bank lending falls
Net lending by banks under the Government’s Funding for Lending Scheme (FLS) fell by £300 million in the first quarter of the year, data from the Bank of England (BoE) shows. Just 13 of the 40 banks that participate in… Read more SME borrowing and FLS bank lending falls
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RTI rules eased for SMEs
The shifting of the PAYE system to Real Time Information (RTI) is well underway, with nearly 1.4 million employers now reporting their employee PAYE information to HMRC before, or on, the date that payments are made. This translates to 83… Read more RTI rules eased for SMEs