Recent content by minghis

  1. M

    Extraordinary income - classed as profit?

    A strange one that I can't find an answer for. If a company was to win a legal dispute and get paid a sum of money (like a settlement figure following mediation, or a court award) as compensation, would that income be classed as profit and be subject to Corporation Tax or would there be some...
  2. M

    SSP top up for reduced pay?

    I have a strange one which I'm not sure about how to approach. We pay 'half pay' for staff that are off with Covid either isolating or having contracted the virus. We used to pay full pay, but have recently dropped this back to half pay as we are having to get relief staff to cover and we just...
  3. M

    Payroll PAYE deductions

    Thank you all, this helps.
  4. M

    Payroll PAYE deductions

    A question if I may - when you do payroll for staff (we use Xero) who decides the actual amount of PAYE that should be deducted? We obviously have their NI numbers and all other details, but I'm trying to figure out who is actually responsible if their tax is not correct on the payslips. Or put...
  5. M

    SIC code on VAT registration cert.

    One of those - 'should I be worried' questions... I've just had my VAT Certificate of Registration arrive and under the trade classification it states 88910 which is not the same one we used when we set the business up which is 88100. The two are both relating to care (which is what we do)...
  6. M

    Do I need a HR Manager?

    Thanks everyone for your replies, the reality is of course as has been said we simply have the wrong skill sets in the wrong jobs so we'll have some training and see if we can get the admin side of HR done properly, that'll set the ball rolling.
  7. M

    Do I need a HR Manager?

    I'm a bit lost and could do with some advice. We have a company that now has grown over the years from having none to 30 staff. Of those half are full time, the others are part time and all have fixed, contracted hours with proper contracts, of course. I got a HR Lawyer to help initially with...
  8. M

    Bounce back loan

    As far as I know you can do whatever you want with it as long as it benefits your business.
  9. M

    Bounce back loan

    Lloyds exceeded my expectations - I filled out the questionnaire/form yesterday lunchtime and the money was in the account this morning. Whole process took about 5 minutes. No extra questions, no messing, just done. Makes a change for something to go well! Well done Government, well done Lloyds.
  10. M

    Free tea & coffee for staff or not?

    Mean? I provide free tea and coffee at all our hubs for staff and it's not cheap coffee either. I pay well above minimum wage (and for a care company that's pretty much unheard of around here). I only have 3 zero hour contracts out of 30 workers and all the rest are contracted, guaranteed hours...
  11. M

    Free tea & coffee for staff or not?

    We have a company with circa 25 staff and have a mix of building based and community (out and about) based workplaces. When staff are in a building they have access to tea and coffee, free, which we have always provided. We have multiple clients (we support people with LD and mental health) who...