CEO Pay Ratios to be Publicised

We’ve all seen the coverage surrounding the reporting of the gender pay gap. It’s now been announced that large listed companies will soon be required to publish the ratio of CEO’s pay to that of the workforce. This is due to new legislation taking effect as of January 1st, 2019. Here we discuss the implications that could occur for payroll workers. We’ve had a years’ worth of gender pay gap reporting to do, now we’re faced with another load of data calculations to prepare and publish. These will come in the form of CEO pay ratios. For many years, the
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Do I Need To Pay Tax On My Hobby/Side Business

Is there something that you love doing? Something that you’re good at and enjoy? Chances are your thoughts have turned to making money from it. Why not? Some seriously successful businesses have been born from a simple idea that starts at home. What many people don’t understand is, doing it for the pure fact that you love it is very different to when it becomes a business. There’s lots to consider, from profits, expenses and tax to marketing and admin. If you’re sure that it’s what you want to do, we’ve got some helpful advice for you in this blog
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The Pros and Cons of Cloud Accounting

In a society that is being quickly powered by technology and the increasingly quick advances of it, there’s no surprise that accounting as been swept up by technology and software development. The most obvious example of this is cloud accounting. Cloud accounting means that data is accessible anytime, anywhere and from any device. With data being so freely accessible, there’s opportunity to be as flexible as you like and develop collaborations that were before almost impossible. With cloud-based systems, all transactions are immediately processed – this does have both pros and cons and here we tell you about them. Advantages
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What Is A Registered Office?

If you’re a limited company, a registered office is the official address listed for your company. Your registered office address is shown on the public register and is available to everybody. So, think carefully about your chosen address. The reason for this is so that there is a greater level of company transparency. However, it does leave this address open to marketing products – this is why a lot of companies choose an alternative address to their company’s actual address. This is the address that Companies House and HMRC will send all your letters, reminders and notices. This however, doesn’t
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