Labour have promised to introduce a huge wave of new employment laws that could come into effect as soon as this October. Warning: The changes proposed are VERY employee centric. Whether you employ 1 person or 100, the new laws WILL affect you, which is why we are urging you to take action now. Great […]
What you need to do to ensure you are meeting your legal obligation to prevent Sexual Harassment at work – effective 27th October 2024. The Worker Protection Act comes into effect on 27th October this year. Employers in the UK will have a legal duty to take “reasonable steps” to prevent sexual harassment of their […]
The aftermath of COVID-19 brought a wave of change and adaptation for businesses. As the UK labour market fluctuated, vacancies hit record highs in what became known as The Great Resignation – a period of high job turnover and employee job-hopping. Now, as we continue to move towards a new normal, the landscape shifts again. […]
If you’ve ever found yourself looking to ticket an event online, it’s near certain you’ve bumped into a perhaps unexpected expense – namely, ticketing platform fees. If you’re not careful, these fees can end up eating a hefty chunk of your ticket revenue – we’ve seen some ticketing providers taking up to 10%. And even […]
What Can Cash Flow Predict About Your Business’s Health? As a business owner, you know that your bank balance is an important figure to keep track of. However, it alone does not provide enough information about the overall health of your business. At Queen Accountancy, we prioritise discussing cash flow forecasts with our clients because […]
Journal Entries: The WHY and the WHEN they are required Did you know that in 2023, nearly two-thirds of small business owners attempt to handle their own bookkeeping, yet many of them lack sufficient accounting knowledge? This concerning statistic highlights a critical gap in financial management skills among entrepreneurs. JEs are essential entries made in […]
Do I Need a Bookkeeper in the age of AI ? Imagine a future where your business finances are seamlessly managed by cutting-edge AI, leaving you with ample time to focus on what truly matters – growing your business. But amidst the allure of AI-driven bookkeeping solutions, one question persists: Will anyone still need a […]
I’m fine as I am, thanks Helen There are plenty of small start-ups still wrangling with the decision to have a business banking account, or not. So what is it? Business banking is a type of account offered by banks and financial institutions specifically for business owners. These accounts offer features and benefits that are […]
Have you ever wondered who owns an employee’s LinkedIn contacts if they were created as a result of their employment? LinkedIn contacts are key for many employers, as they may use LinkedIn to generate new business contacts. Departing employees could use the LinkedIn contacts that they created during their employment for their own, or a […]
Hands up if you, as a Bookkeeper or Accountant, have been told that you no longer serve a purpose now that software is here 🙄 I’m not addressing the people in my audience who already have a professional working on their accounts – it would be like preaching to the choir! So, is accountancy another […]