How will taxation reforms of consultants (IR35) affect SMEs?

New ‘off payroll’ rules will apply from April 2021. Changes to the IR35 off-payroll working rules in the private sector originally scheduled for April 2020 were delayed but will now take effect from 6 April 2021. As a result, the IR35 tax rules that apply to consultants working in the private sector through intermediaries such as personal services companies will change from the new tax year (2021). The reforms will … Continue reading

Employee wellbeing and motivation in the world of remote working

As we near the anniversary of the start of the first UK lockdown, since when many office-based workers will have worked from home almost exclusively, employers will be wondering what new activities they can put in place to embrace employee wellbeing and keep their team engaged with each other and with the business. Zoom quizzes, social lunches, virtual coffees, on-line yoga, virtual escape rooms, home schooling tutors – employers have … Continue reading

Does your HR lead need access to a HR Mentor?

As an organisation starts to accelerate its growth, there will come a point at which the need to upskill HR competence is recognised.  This could be triggered by an event – a change in employment law (remember GDPR?), an absence or performance problem, your first maternity leave request, a new training need, or just by a growing realisation that ‘the person responsible for HR issues’ is feeling the strain and … Continue reading

Restructuring to survive COVID-19?

The government’s Coronavirus Job Retention Scheme is currently set to run until the end of April 2021 and is no doubt providing a lifeline to businesses of all sizes, and their employees. Sadly, some employers will soon have to decide if they are going to have to make changes to restructure their workforce over the coming months so that they will be best positioned to survive profitably in the long … Continue reading

Key employment law changes 2021

The emphasis for many employers at the moment is understandably on managing the huge impact of COVID-19 and responding to the measures the government has brought in to support employers. Mercifully the employment law agenda for the year ahead is brief, but there are a few changes that businesses will need to be aware of that are due to take effect in 2021. An introduction to the key employment law … Continue reading

HR data security principles; how to include them in ‘business as usual’

HR data security, the need to protect personal data, impacts many HR activities daily, from recruitment, performance management, health and reward to the need to know an employee’s next of kin. While it’s important that employers have a good grasp of data protection principles, the real challenge for HR departments will be in making sure that acting on those principles is ‘business as usual’. Employers should have the following in … Continue reading

Are you ready for new immigration rules from 1 January 2021?

New immigration rules come into force on 1 January 2021 and everyone (excluding Irish citizens) who comes to the UK to live, work or study after 31 December 2020 will fall within the same point-based immigration rules. Automatic freedom of movement for European nationals will end. However, EEA, EU and Swiss nationals living in the UK before 31 December 2020 can apply for settled or pre-settled status under the EU … Continue reading

Employing staff in the UK? A guide for overseas companies

(Updated 9 July 2020) If you’re an overseas business looking to build a presence in the UK, or a start-up about to hire your first employee, it’s worth taking a bit of time now to understand the legal framework that will apply when employing staff in the UK. While we can’t detail all employment law in one article, we can give you an overview of key areas. First of all, the … Continue reading

How to benefit from an EMI share scheme

In our latest blog, we explore EMI share schemes and explain how early-stage and growing businesses can benefit from this type of tax-advantaged employee share scheme. Estimated reading time 2:30 minutes Attracting, recruiting, motivating, and retaining employees through an EMI share scheme An EMI share scheme is the most tax-efficient and flexible HMRC-approved share option scheme. It allows companies to grant options to selected employees to buy shares at a … Continue reading

Succession planning: what is next for your business?

Succession planning is an important step to take to ensure the leadership continuity of a business. A time will come when a founder of a privately-owned company reaches a crossroads in their career and faces several difficult decisions about their future. Whether a founder continues to lead the business, sells the business, or retires, appoints a management team, and retains a chairperson position on the board, depends on their aims … Continue reading