Have you received a letter or online message from HMRC informing you that you’ve been signed up for Making Tax Digital (MTD) for Income Tax and you’re unsure what to do now? It means you need to start using the MTD for Income Tax system because HMRC’s records show your qualifying income from self-employment and … [Read more…]
On 3rd September, GOV.UK published its latest naming round. Around 660 employers have been named for failing to pay the National Minimum Wage. £4 million returned to more than 27,000 workers and £7 million in penalties. Getting national minimum wage compliance right is harder than it looks, even for employers with no intention of underpaying. … [Read more…]
Employee experience isn’t a perk or a programme. It’s what work feels like for your people, day after day. HR teams know how much the employee experience matters. The problem for many HR teams is finding enough time to shape it when admin and process work take up so much of the week. Sage’s HR … [Read more…]
Days Sales Outstanding—DSO—measures how long it takes, on average, to collect payment after a sale. For FDs and commercial finance leaders at UK B2B businesses, particularly higher-growth companies under working capital strain, a rising DSO is one of the clearest early signals that collections processes haven’t kept pace with the business. The frustrating part is … [Read more…]
If your close still drags into a second week, you’re not alone—and it’s rarely down to effort. Financial controllers, finance managers and FDs at UK businesses with 20 to 1,000 employees often work flat out, including evenings and weekends, yet the calendar barely moves. The real issue is usually how disconnected the underlying systems and … [Read more…]