Author: Team Kraken
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Use water efficiently – the basics
The UK has a wet climate, but some parts of the country have less water available per person than countries such as Greece or Spain. By 2050, climate change could reduce the amount of water available by 10-15 per cent. Demand for water continues to increase, so it’s vital that you use water wisely. This…
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Computer hardware: the basics
Computer hardware is the most easily identifiable part of your IT infrastructure and is one of your most important business assets. While software is needed to make any hardware useful, without the correct hardware your software may not run efficiently or even at all. Therefore, as with any business investment, you should choose your computer…
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PR: the basics
PR – or public relations – means getting people to talk and think about your business in a positive way. It can be a vital weapon in your business’ armoury. It’s a way to get good publicity without advertising. Also if there’s ever a problem facing your business it helps you deal with it effectively. You can…
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Sample press release for a local newspaper
Anytown Construction Ltd20 Grove Road, Anytown TZ10 5ZT Tel 01234 567890email pr@anytown.co.ukFax 01234 098765 Press release 01/09/10 Anytown firm builds business on email Anytown Construction is using a new email and telephone system to tackle the problem of contacting your builder whilst a job is in progress. Anytown Construction is handing out a special email address…
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Business insurance: the basics
Getting the right insurance is essential for any new business. You’re legally required to have some types of cover – such as motor insurance for company and personal vehicles or employers’ liability compulsory insurance if you have staff. It’s a sensible business decision to insure your premises, fixtures, fittings, equipment and stock against disasters such…
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Project management – the basics
Project management provides businesses with a method of planning, organising, managing and executing a specific task, objective or set of goals. It is widely used in IT and construction but can apply in any business. A project is a temporary piece of work which falls outside ‘business as usual’ day-to-day operations and can be anything from…
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Simplified PAYE for domestic employees
If you employ domestic staff in your home like nannies, gardeners, cooks, maids or chauffeurs you may be treated as their employer. This means you must register as an employer and you may have to deduct Income Tax, National Insurance contributions (NICs) and possibly student loan deductions from the money you pay them. You may…
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Payroll calculations and records: an introduction
As an employer you’re required to keep records of pay, tax and National Insurance contributions. For each employee that you make a payment to during the tax year, you have to prepare and maintain a form P11 or equivalent payroll record (either electronic or paper) if their earnings are above a certain level or if…
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File your Employer Annual Return: P35 and P14s
Your Employer Annual Return is due by 19 May following the end of the tax year. Filing your return online is quick, easy, convenient and secure – and it’s a requirement for almost all employers. This guide lists the different ways you can file your return online, and sets out what you need to do…
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Using HMRC’s Basic PAYE Tools
Basic PAYE Tools is a computer software package provided by HM Revenue & Customs (HMRC) to help you run your payroll throughout the year. You can use this free tool to work out the tax and National Insurance contributions for your employees in each pay period and, if you have up to and including nine…