The latest news for business owners from Reach Accounting Solutions

Telephone 01538 711 000 Email freedom@reachadvice.co.uk

  • Extension of the Childcare Voucher Scheme/ March 20, 2018

    Would you like help with childcare costs? Well, the Childcare Voucher scheme which was planned to close to new entrants from 6th April, has now been extended to be available to new applicants for a further 6 months. Therefore, there is still plenty of time for YOU AND YOUR EMPLOYEES TO BENEFIT. Directors, remember that you can use the Childcare Voucher scheme yourself as employees. Childcare Vouchers can be used to cover the cost of qualifying after school clubs, etc not just nursery fees as you might expect. Your business could save up to £403 in National Insurance per employee and the employee could save up to £933 in tax and National Insurance.

  • National Minimum Wage Increase/ March 13, 2018

    Are you aware that the National Minimum Wage and National Living Wage increase from 1st April 2018?  If any of your team are paid less than £8 an hour, it is worth checking whether this rate needs increasing.  Please see below. The minimum hourly rates that should be paid are based on age as follows: – 25yrs and over £7.83 – 21-24yrs £7.38 – 18-20yrs £5.90 – Under 18yrs (but at least school leaving age) £4.20 There are different requirements for apprentices as well.  For further information on this and any of the above please visit https://lnkd.in/ejhrQqV

  • Starting your own business – Is it for you?/ February 6, 2018

    Here is a fantastic opportunity for anyone you know that is thinking of starting their own business, but doesn’t know where to start. Kick Off In Business are running a FREE 3 day course to help people decide whether being self-employed or starting their own business is for them and if so help them to get started. They will provide attendees with a wealth of information to launch their business including details on how to create their offer, what grants are available, social media training and setup, etc. Upcoming courses are being run in Stoke-on-Trent, Leek, Uttoxeter, Burton, Tamworth, Darlington and Middlesbrough.