As of 1 September 2013, employees can choose a new employment status allows them to waive certain employment rights in exchange for shares in their employer’s company. Employees cannot be forced into ‘shareholder’ status and they must be given – rather than purchase – a minimum of £2,000 worth of shares in their employer’s company. … Continued
Here’s a summary of some changes that may affect you and your business, that are due to come into force in October 2013. However, at the time of writing, they are still subject to Parliamentary procedure: Directors’ remuneration reports Company directors will be required to disclose and communicate key information regarding their pay to shareholders. … Continued
According to recent Department for Business, Innovation and Skills (BIS) surveys the majority of apprenticeships provide benefits to apprentices and business. Eight out of ten (83%) apprentices said their apprenticeship improved their ability to do their job and boosted career prospects. In a separate survey, 72% of employers said apprenticeships improved their product or service … Continued
More than half of the UK’s small businesses now operate from home, according to research from Direct Line for Business (DL4B). The 2.5 million home business owners account for 52 per cent of all small businesses and eight per cent of the total UK workforce. DL4B’s analysis of data from the Office for National Statistics … Continued
As from 29 July 2013, individuals who want to take a claim to an employment tribunal will have to pay fees under new legislation now in place across the UK. Employees will now: pay between £160 to £250 to lodge a claim pay a charge of £230 to £950 if the case goes ahead to … Continued
The Chartered Institute of Personnel Development defines a zero-hours contract as an arrangement where someone agrees to be available for work when required without a specific number of hours or times of work. Employers are not required to offer work to employees on these contracts and employees are not obliged to accept any work offered … Continued
Is the UK finally on the road to economic recovery? We take a look at how our economy has fared over the last six months. Looking back Although economic recovery in the UK remains slower than anyone would like, the past six months have shown encouraging signs of an economy beginning to get back on … Continued
Under the Data Protection Act, any business, organisation or sole trader handling personal individual information has a legal obligation to protect this data. According to the Information Commissioner’s Office (ICO), consumers are showing an increasing awareness of how their data should be handled, with a knock on effect to their attitude towards businesses. It prompted … Continued
Published twice a year, the Government’s Statement of New Regulations details all regulations – including EU measures – due to come into effect over the following six months. As part of the Government’s ongoing drive to reduce the red tape burden on businesses, July’s statement introduces 11 measures: five de-regulatory measures; three new measures which … Continued
The shifting of the PAYE system to Real Time Information (RTI) is well underway, with nearly 1.4 million employers now reporting their employee PAYE information to HMRC before, or on, the date that payments are made. This translates to 83 per cent of small and medium sized enterprises (SMEs). However, SMEs have been granted some … Continued
The Easter Bunny has come early!🐣Chocolate inspired pay day treat for all our lovely staff 🍫 🐇
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🎄Merry Christmas🎄
The BWM office will be closed over the Christmas period from close of business on Friday 23 December 2022 at 12pm until 9am on Tuesday 3 January 2023.
Tempest Suite 5.1, 12 Tithebarn Street,
Liverpool, L2 2DT
Phone: 0151 236 1494
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