As we move into the next phase of dealing with the pandemic, employees are proving to be even more vital. With the challenge of finding and retaining good people, changes to employment law, and a shift in what employees want from employers, there’s no question that an effective HR function is key to business survival and success. So, what better time to talk to our Lead HR Consultant Diane Johnson.
When the UK moved into its first COVID lockdown, the stay at home order saw the doors to ADS Electrical’s most profitable contracts slam shut. However, as an agile business with a switched-on leadership team – and with regular, strategic support from RfM – ADS was able to quickly adapt and generate revenue from new markets. We spoke to ADS HR Manager, Julie McCormick, about how the company has evolved and achieved exceptional growth over the last 15 months.
In his Budget speech, the Chancellor announced a temporary extension to the period over which a business can carry back trading losses. This is potentially welcome news for previously profitable businesses struggling with COVID-19 losses.
Earlier COVID-19 support schemes such Bounce Back Loans have now ended and have been replaced by the new Recovery Loan Scheme (RLS). We look at the latest financial measure to help businesses recover from the impact of the pandemic.
There were no dramatic announcements in the Budget on personal tax, capital taxes or pensions. But Chancellors can create considerable change with low-key tactics, and the Budget tax freeze on various rates and allowances until 2026 will still affect many people.
Whilst some changes to property tax – like the extension to the Stamp Duty holiday – make headlines, others escape attention. Here’s a summary of changes to the rules on property disposals you might not have heard about.
Last month, we introduced Mark Thwaite, RfM Transform’s Lead Digital Consultant. As we are currently rolling out our own plans for growth, this is the perfect time to tell you more about our original business ‘transformer’, Lead Growth Consultant Tony Backhouse.
Furnished holiday lettings (FHLs) have their own tax treatment which is reliant on a set of strict day-count rules. With the impact of COVID-19 on occupancy levels, business owners may need to take stock of their position.
‘Bold and unprecedented’. That was the Chancellor’s description of the new 130% super deduction for plant and machinery announced in the Budget. But, when you look at the detail, how does it really stack up against the usual rules on capital allowances?
The recent decision in the Uber worker status legal case has important practical lessons for businesses.
Ongoing changes to the Coronavirus Job Retention Scheme (‘furlough’ scheme) and Self-employment Income Support Scheme (SEISS) could potentially lead to inadvertent errors – and scrutiny from a new tax fraud taskforce. Check the latest details before you claim.
The recent rollout of IR35 tax legislation to the private sector has proved controversial – and confusing! Who will it actually affect? And what issues could it cause? Make sure you are up to date and safe.
What would happen if you couldn’t run your business? Is there someone else with access to the business bank account and finances? Who can you trust to take the reins? The only way to avoid severe disruption and pass control to someone you trust is by making a Lasting Power of Attorney (LPA).
So much has happened since the General Data Protection Regulations (GDPR) came into effect in 2018 that businesses are in danger of forgetting their obligations to comply with the new laws. If you’re still a bit in the dark about the rules or have let your GDPR practices slip, it’s time to take action.