Skilled interviewing is an effective way to find out about a candidate, helping you make sure you recruit the right person for the job. Proper planning, careful preparation and skilled questioning are vital to get the information you need to make a good decision. 1. Interview planning What are you looking for? Prepare a job …
Whether you are aiming for increased sales, more efficient production, better use of IT or simply a reliable team that can solve its own problems, training is often the best solution. Training can turn an employee from mediocre to good, and make a good person excellent. A systematic approach starts by identifying where training can …
Income tax and self-assessment Increasing numbers of tax payers are affected by self-assessment, including the self-employed and paid company directors. If you are one of them, there is no need to be concerned. As long as you keep detailed financial records and meet the deadlines for completing the return and paying tax, you should not …
VAT While VAT creates additional paperwork, it can also reduce your costs by allowing you to reclaim the VAT you pay on your business purchases. Many businesses have no choice but to register for VAT once their sales reach £85,000 a year. You need to understand whether you can or should register for VAT, and …
Corporation tax If your business is a company, you need to submit corporation tax returns and pay corporation tax on your profits. Although you are likely to use accountants to prepare your returns and calculate your tax liability, you cannot afford to ignore corporation tax until the year end. The way you finance and manage …