Archive for 30/03/2009

HMRC gets tough over National Minimum Wage

Simone reports 

As of 6th April 2009 Employers will face a penalty if HMRC (HM Revenue & Customs) find they have failed to pay the National Minimum Wage (NMW) to workers.  Any arrears in wages will be paid to the workers at current rates. The Employment Act 2008 gives HMRC Compliance Officers new inspection powers, with its campaign to stop NMW offences.  BEWARE those Employers who deliberately fail to pay the NMW……………….

What traits do you want in a good management team?

“If I had to choose between betraying my country and betraying a friend, I hope I should have the guts to betray my country” - E. M. Forster, Two Cheers for Democracy, 1951.

I came across this quote in an article in the sporting press concerning Sale Sharks rugby players playing for their respective National Rugby Union Teams.

It got me thinking that its not much different in the things we would expect from an effective Management Team of a business? Perhaps:

  • Loyalty
  • Commitment
  • Sincerity
  • Honesty

In summary we would expect them to look after the money (of the business) as if it were their own.

The dreaded P45

Discard those old P45’s! - Simone keeps us is in line

In October 2008, new versions of the form P45 were introduced by HMRC.  These new forms must be used from 6th April 2009.  Any stocks of the old A5 versions must not be used, but be destroyed.

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