Children aged 13 and upwards can be employed part-time but there are restrictions and they may require an employment permit issued by the Education Department of the Council. Most local councils require that an employment permit is issued as this ensures that the employer is insured against accidents. Children do not need a permit for work experience arranged by their school. …
Reading Talk Business magazine recently I came across an article titled Payroll errors slowing UK small businesses in the race for talent which made interesting reading. Recent research of 1000 consumers by Sage showed that …
Book-keeping is the recording of financial transactions to produce an income and expenditure statement which will show a business owner how their business is performing and a balance sheet which will show the assets and liabilities of the business. Bookkeeping can vary from straightforward recording of receipts and expenses to more complex maintenance of …
There isn't a standard format for preparing an invoice and if you buy goods from a number of suppliers you will find they will all be different. However there is certain information you must include on an invoice for your customers' benefit, for your own benefit and which is required if you are VAT registered. So our top tips for invoicing are: …
HMRC recently published their annual report and accounts for 2014-15 which included two interesting facts which explain why we frequently don't get the support we need. …