Latest Blogs in Retail
Jason Jones
4th May 2020 Coronavirus Bounce Back Loan Scheme Now Open for Applications

Key features of the BBLS:   The scheme is a 100% government backed initiative for small businesses.   You can apply* for a loan between £2,000 and £50,000 (up to a maximum of 25% annual turnover), for 6 years.   No repayments required for the first 12 months, and you won’t pay any charges should…

Daniel Coleman
23rd May 2018 The Journey Begins – Exciting new business opens in St Neots

A lot of our blogs are about rules and regulations, however something that happens often in our world is that we get the fantastic opportunity to be part of a new business venture for one of our clients. Shume Bottle Emporium – is a beer shop specializing in locally brewed beer, cheese, coffee, gin and…

Lisa Mason
8th March 2018 National Minimum Wage Rates

  Effective from April 2018 the National Minimum Wage rates will be increasing again, as per the below figures: Workers aged 25 years or more: £7.83 per hour Workers aged 21 to 24 years: £7.38 per hour Workers aged 18 to 20 years: £5.90 per hour Workers aged under 18 (but above compulsory school age):…

Mark Haydon
8th November 2016 Update: Nov-16

Whitings’ Newsletter: Nov-16 The general practice team at Whitings have produced their latest newsletter, to keep clients updated on relevant recent changes to tax and related legislation: November 2016

Karen Moore
2nd November 2016 Statutory Sick Pay (SSP)

The Government today announced plans to review SSP, to encourage supportive discussions and phased returns to work. The proposed plans included in this green paper include:

  • Encouraging employers to work with their employees with long-term health conditions, to stop them from falling out of work,
  • A review of Statutory Sick Pay and doctors fit notes, to support workers getting back to work faster, and for longer,
  • Work Capability Assessment reform, via the launch of a consultation,
  • A debate about recognising the value of work as a health outcome.

Lisa Mason
20th October 2016 More Pensions Red Tape

Pensions Automatic Enrolment: + 3 years = re-enrolment. Although some clients are still only just staging for pensions auto-enrolment, with many still to stage, auto-enrolment has been in place for larger employers since October 2012. This means that most employers are due, or have already had to go, through re-enrolment. Re-enrolment is something that all…

Ian Piper
20th October 2016 Business Success

Ely Business Awards 2016: Whitings judge and present top award. Congratulations go to Soopa Doopa Branding Limited, well deserved overall winners of the 2016 Ely Business of the year awards. Full list of finalists and winners Photos from the awards ceremony in Ely Cathedral The firm judges, sponsors and presents the top (winner of winners)…

Ruth Pearson
21st September 2016 Low Pay Commission

National Minimum Wage: Increases from 1-Oct-16. The Low Pay Commission today welcomed the Government’s acceptance of its recommendations for the rates of the minimum wage affecting workers under 25 and apprentices, to apply from 1 October 2016 – including: its first recommendation for the effective new minimum wage for 21-24 year olds, where the Government agreed…

Stephen Malkin
14th September 2015 Financial Controls

Pay Suppliers Electronically: Beware fraudsters. Do you hold your suppliers bank details on file – one tactic recently used by fraudsters is to advise businesses of changes to a supplier’s bank details, they then wait until a genuine purchase invoice is paid. Unfortunately because the supplier’s bank details are compromised, the payment goes to the…

Amanda Newman
24th January 2015 Delay Payment of VAT to HMRC

Requests for Payment If you supply goods, the taxpoint for accounting for VAT on these sales is the sooner of: The raising of a tax invoice, or Receipt of payment. To delay this taxpoint, it will usually, therefore, be beneficial, prior to dispatching goods, to raise a “Request for Payment”,  “Application” or “Proforma Invoice” instead…