When starting a new business it’s important to keep costs low in order to run a profitable business.
From 30th June 2016 the companies annual return will be abolished and replaced with confirmation statement. (This is a way of providing an up to date information to companies house) It is also important to note that PSC information must be included as part of the confirmation statement.
The National Minimum Wage was increased by 20p on 1st October, bringing the new adult rate to £6.70 an hour.
The hourly rate for 18-20 year olds has increased by 17p to £5.30 an hour and for under-18s, the hourly rate has increased by 8p to £3.87 an hour. Apprentices will now receive an improved rate of £3.30 an hour.
The new rates have come into force after plans for a new National Living Wage of £7.20 an hour, for over-25s, is to be introduced in April 2016. The National Living Wage is intended to rise to £9-an-hour by 2020 meaning employees receive a fairer wage but this could cause some concern to startups and smaller enterprises.
As from today we are pleased to inform all our clients we are going cloud. Most of our work will be done on cloud basis; this will improve the services we currently provide.
This is exciting news for both our company and clients. We will be able to offer free book keeping cloud software to all our clients. By doing this we will be able to keep on top of all your work while you concentrate with what you do best.
Watch this space for more exciting news from WKM!!
WKM celebrates the introduction of new software and the business continues to grow. Well done to all those who were involved.