HOW TO SURVIVE CREDIT CRUNCH

SURVING the credit crunch was the hot topic at a special seminar for business owners in Bury.

Umar Memon, partner at Jack Ross Chartered Accountants, outlined his tips on how firms can save tax and increase profits.

While Lyndsey Hopkinson of seminar hosts NorthgateArinso Employer Services in Bury explained the steps firms need to take to meet their employment law and health and safety obligations so they reduce the risk of tribunal claims.

“These are challenging times for the whole business community and it is important that  companies are armed with as much information as possible which is why we put the seminar together,” Lyndsey Hopkinson of NorthgareArinso (www.northgatearinsoemployerservices.com)

“Employment law is going through a major change in the weeks ahead and will affect every business. The rules on disciplinary, dismissal and grievance issues are changing, while the right to ask for flexible working is being extended to all parents of children aged 16 or under.

“Umar’s discussion about what firms can do to pay less tax and the different ways to boost profits also struck a chord.”

He said: “The economic downturn is a reality but there are practical steps all businesses can look at that may be able to help them.”

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