Working parents in England will be able to access 30 hours of free childcare per week, for 38 weeks of the year, from when their child is nine-months old to when they start school. This will be rolled out in stages: From April 2024, all working parents of two-year-olds can access 15 hours per week. […]
For limited companies, when it comes to making decisions, Company Law states shareholders who own more than 50% can pass a motion at a company meeting regardless of the views of other shareholders and if a shareholder(s) owns 75% or more of the shares they control the company outright and can veto the decisions of […]
As economic uncertainty continues into 2023 businesses need to focus on developing effective plans which can be adapted if market circumstances change quickly. The best businesses have three types of plans: Strategic plans – these are the overarching objectives for the business and look ahead to where you want to be in 3-5 years. Tactical […]
Stress, anxiety and depression are some of the the biggest causes of work-related illness in Great Britain and numbers continue to rise. According to the latest statistics (PDF) there were 914,000 workers suffering from work-related stress, depression or anxiety in 2021/22. 17 million working days were lost due to stress in this period. The Health and Safety […]
Happy New Year from us all at Bryden Johnson! This year we have something extra to celebrate. In 2023 Bryden Johnson will be turning 125 years old, with a series of events over the year to mark this special anniversary. Back on Christmas Day in 1897 Mr Bryden and Mr Fedden got together and (we’d […]
As we begin the new year, employers are grappling with numerous challenges such as the cost of living, staff wellbeing, hybrid working and economic headwinds. Hybrid working has a number of benefits for staff and businesses – it can boost productivity, improve employee wellbeing, help to retain staff and reduce premises costs as not everyone […]
Growing a business is hard work, particularly during a challenging economic environment. However, now might be the time to increase your market share while your competitors are pulling back. As competitor firms cut costs, they may do so at the expense of customer experience. Carry out some market research and monitor areas where rival firms […]
For the last couple of years during the Covid-19 pandemic many businesses put on “virtual” Christmas parties for their employees and HMRC agreed that would be acceptable and that the exemption from tax would continue to apply. There continues to be no taxable benefit for employees provided that all staff are invited, and the cost […]
This is a timely reminder that employers may make small tax-free gifts to employees and directors if all of the following conditions apply: The cost to the employer is £50 or less It is not cash or a cash voucher It is not a reward for their work or performance There is no contractual entitlement […]
Earlier this month, the business secretary Grant Schnapps announced a government review into tackling late payments for small businesses, while also urging large companies to pay their smaller suppliers promptly. Small businesses routinely suffer from late payments from businesses they supply, which can lead to cash flow problems, putting their firms at risk and preventing […]
