SALARY CONVERSATIONS DON’T NEED TO BE AWKWARD

Talking about money with your employees can be uncomfortable. Even when you have good news for an employee, discussing pay can be difficult.   An employee’s performance is inextricably linked to their salary and bonus. However, discussing the two together can lead to the employee focusing only on the conversation about pay. As such, managers[…]

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[…]

DO YOU NEED A DESK FOR EVERYONE?

Office space is expensive. Do you really need to have a dedicated desk for each and every employee?   Recent years have brought a lot of changes to the office environment, particularly as technology develops and the next generation of employees has come through to management. This new generation of managers brings new thinking about[…]

HOW TO MAKE THE MOST OF YOUR ALUMINI NETWORK

Whether it’s your University classmates or the colleagues you trained with at your first firm, we all have an alumni network.   Your alumni network is an immense network of professional contacts – all with whom you already have one thing in common. That one thing could be a University that you attended, a previous[…]

APPLY FOR MORE TIME FOR MTD DIGITAL LINKS

For VAT periods starting on or after 1 April 2020 (or 1 October 2020 for deferred businesses) your accounting systems must use digital links for any transfer or exchange of data between software programs, products or applications used as functional compatible software. That is the end of the current 12 month “soft landing” extension.  […]

OUR DAY AT THE RACES

I put a bet on a horse to come in at 10 to 1 – and it did! Unfortunately, all the others came in at 12.30.   Sorry! But that about sums up my success at our recent day at the races. In late September, the MMGA team ventured to Perth Race Day. Despite the[…]

CHANGES TO YOUR BANK FEED

If you use cloud accounting software such as FreeAgent, QuickBooks or Xero, important changes are taking place in September that will affect you.   The open banking initiative runs alongside the EU’s Second Payment Services Directive (PSD2) which came into force in January 2018. The effects of PSD2 are starting to roll out, and if[…]

MAKING TIME FOR SELF DEVELOPMENT

As a business leader, you are focused on developing the people around you. But who is responsible for your own development? If you want to help your employees to grow and develop, you need to invest time in developing yourself, as a leader.   In order to focus on your own personal development, you need[…]

A STAFF SUMMER PARTY CAN BE A TAX-FREE BENEFIT

Your organisation may have an annual Christmas party for staff, but the tax rules also allow staff parties at other times of the year which are a tax-free benefit if certain conditions are satisfied.   The exemption applies to an annual party (for example, a Christmas party), or similar annual function (for example, a summer[…]