CONSERVATIVE PARTY ELECTED WITH WORKING MAJORITY

Now that Boris Johnson and his Conservative party have won the General Election will we finally “Get Brexit Done”? More importantly, can the Government now get on with running the country and sorting out urgent issues such as the NHS?   We are still awaiting the date of the Budget which is likely to be[…]

KEY 2020 TRENDS

The environment, wellbeing, mental health and technology look set to be some of the big business trends in 2020. As we move into the New Year, businesses will have to adapt in a world that places greater emphasis on sustainable business practices. People will want to work for firms that take care of their employees[…]

DUVET DAYS AND HANGOVER DAYS

As flexible working becomes more commonplace, new trends are emerging in terms of absence management.   Employers are embracing change. Flexible working, working from home, working part time or job-sharing are all relatively recent developments in the modern workplace. As businesses battle to attract talented employees, some firms have started offering duvet days and hangover[…]

FAST FOLLOWER ‘Vs’ FIRST MOVER ADVANTAGE

Most of us are familiar with the term “first mover advantage” but sometimes the “fast follower” is the winner.   A Fast Follower is a company that quickly imitates the innovations of its competitors by collecting research and data. By figuring out the innovations that seem to have the greatest potential, companies can weed out[…]

AVOID BEING A MICROMANAGER

Holding your employees accountable without micro-managing can prove difficult for any business owner or manager.   We have all been in a situation where we know we can do something better ourselves. We find it difficult to watch someone make mistakes but if we interfere we can end up falling into the trap of micro-managing[…]

REDUCE DEBT. IMPROVE CASH FLOW

Cash flow is king in any business. Yet cash flow is one of the areas that many businesses struggle to manage.   Customers are reluctant to part with their money, even if it’s to pay for your goods or services. As such, it can take a while for them to pay their invoices.   While[…]

ELECTION TAX PROPOSALS – MORE MONEY FOR NHS?

The various political parties have all made bold promises in the run up to the General Election about increased spending if elected, particularly extra money for the NHS. Although many of the spending pledges will be funded out of increased borrowing, the parties have assumed that they can persuade voters that extra spending on the[…]

‘TIS THE SEASON FOR GIVING

There are tax exceptions of spreading festive cheer. Read on… CHRISTMAS GIFTS OF UP TO £50 TO EMPLOYEES Remember that certain gifts to staff at Christmas are tax free if structured correctly. Ever since April 2016 employers are allowed to provide their directors and employees with certain “trivial” benefits in kind tax free. The rules[…]

GET ON YOUR BIKE!

The government has recently announced that the previous £1,000 limit on the cost of a bicycle provided under the cycle to work scheme has been removed. This will apply where the employer uses a firm authorized by the Financial Conduct Authority (FCA) to hire out cycles to employees who use them to commute to work.[…]

THE FUTURE OF WORK

There is a lot of jargon out there around “the future of work”. What does it really mean for businesses?   There is a lot of buzz around trends like artificial intelligence (AI), machine learning, blockchain, remote working, agile working, augmented reality (AR) and various other new concepts. As technology improves we have new opportunities[…]