The Bribery Act 2010 came into force on 1st July 2011. This piece of legislation makes it a criminal offence to either offer or receive a bribe. It is a far reaching piece of legislation that applies worldwide and retrospectively.
Archive for the ‘Business Advice’ Category
Interns and the National Minimum Wage
If you are using unpaid or low paid interns then make sure you are on the right side of the law.
Hospitality? Facilitation? or Bribery?
Following a number of delays, the Bribery Act 2010 will finally come into force on 1st July 2011. This new law introduces penalties of up to 10 years imprisonment and/or unlimited fines for those convicted.
Beware the boiler room scam
I have been contacted twice in the past couple of months by a stockbroker based in the US offering me investment advice. I am now completely sceptical as to whether he was a legitimate stockbroker at all.
A wake up call for HMRC
Since HMRC regionalised all their main tax offices and set up a number of call centres in remote parts of the UK it has been progressively more difficult to get hold of the right person at the other end of the line. Anybody who has used the Self Assessment Helpline will know that it can[...] Read more »
Time to get your records in order
HMRC is planning a programme of Business Records Checks that will review both the adequacy and accuracy of business records within the ‘small and medium enterprise’ (SME) sector.
Was Rooney in the right?
Disputes between employers and employees are one of the biggest problems to overcome when managing staff. There are so many ‘urban myths’ surrounding the rights of your employees especially when it comes to things like holiday entitlement, bank holidays and payments in lieu of notice. Luckily, free help is available.
Should I renew my bookkeeping software?
Having recently received an invite to upgrade my existing bookkeeping software to the latest version at a cost of £449 (including a generous £50 discount for existing customers!) I thought I would consider whether this is a good idea or not.
Latest scams..
When HMRC are done raiding your piggy bank then what’s left is also going to be fair game for scammers.
Check out the latest scams to be aware of.
Understanding holiday pay
Many employers (and employees) can get confused over rights and obligations regarding holiday entitlement. Luckily ACAS, the government-funded employment relations service, have released a comprehensive leaflet covering all the issues surrounding holiday pay.
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