Yearly Archives: 2015

Small business employers growing fastest in South West

The UK latest employment rate was highest in the South West at 78.1% in 2015. The largest increase in UK workforce jobs, for September 2015, was in the South West, at 39,000. The largest decrease was in the North East, at 26,000. Conversely, the UK unemployment rate, for the 3 months ending October 2015, was […]

South west businesses grow faster than UK average

The number of south west businesses is growing faster than the UK average. The Office of National Statistics (ONS) has Latest figures from the Office for National Statistics show that the growth rate for new businesses was 13.7% in 2013/14. The number of businesses that ceased trading also declined with closures decreased from 9.7% to […]

ESB Accountancy asks for easier bookkeeping in Spending Review

ESB Accountancy asks for easier bookkeeping in this week’s Spending Review and Autumn Statement. Small businesses need the Chancellor’s support as many will struggle to cope with the adjustments for the National Living Wage, automatic enrolment into pensions and changes to tax on dividends. ESB Accountancy sees the heavy duties facing businesses and want the […]

Record demand for payroll services in Glos and South West

There was record demand for Gloucestershire payroll bureau services according to the Office for National Statistics (ONS). According to the ONS there were 31.21 million people in work in the UK- 177,000 more than for April to June 2015 and 419,000 more than for a year earlier. The UK employment rate, for the 3 months […]

Auto enrolment guide for Gloucestershire

How pension auto enrolment affects you and your business in Gloucestershire If you’re an employer with at least one employee then pension auto enrolment will affect you. The point at which it starts to affect you is called your ‘staging date’. Auto enrolment staging dates It all starts with your auto enrolment staging dates.  From […]

Record payroll services in Glos

There are a record demand for business payroll services in Gloucestershire. The UK unemployment fell to its lowest rate in more than seven years this summer, as Britain’s recovery drove the proportion of people in work to a record high. The Office for National Statistics (ONS) said employment rose by 140,000 over the period, lifting […]

Payroll services may be hit by Living Wage

Business payroll services may be hit by the creation of the National Living Wage (NLW). The Federation of Small Businesses (FSB) has warned that the introduction the national living wage could see employers reducing job creation, raising their prices and cancelling investments according to their new research. Over a third (38%) of the small businesses surveyed […]

Payroll services demands reach new heights

Payroll services demand in the South West has increased again according to official figures. According to the Office of National Statistics (ONS) there were 31.03 million people in work- which is 354,000 more people than for a year earlier. There were 22.76 million people working full-time, 352,000 more than for a year earlier. There were […]

Demand for payroll services to grow claims small businesses

The demand for payroll services will grow claims the small business employers. Following the news last month that unemployment has risen by 25,000 to 1.85 million during the period April to June 2015, but was down by 221,000 for the same period in 2014, John Allan, FSB National Chairman, was quoted as saying “Although unemployment […]

Red tape admin costs UK businesses £41 billion

The UK economy is losing an estimated £41 billion a year to compliance red tape. The survey by the Forum of Private Business (FPB) has found that the average SME spends more time on compliance now than in 2013. While the amount of money being spent on external consultants has fallen by 5.7%- payroll salary […]

Small businesses face new accounting rules

Small businesses face new accounting rules from the The Financial Reporting Council The Financial Reporting Council (FRC) has introduced new accounting rules designed to simplify reporting for small businesses Very small businesses will now have to report to a different standard than small businesses under the new FRS 105, while small businesses will also have […]

Increase in payroll costs for South West businesses

There has been an increase in the pace of payroll rises for South West businesses according to official statistics. Average weekly earnings including bonuses rose at an annual pace of 3.2% in the latest three month period- the fastest rate in five years, according to the Office for National Statistics (ONS). Pay excluding bonuses rose […]