Freshness of thinking is a key component of driving new ideas and innovation. Remember it is vital that we maintain competitive advantage through continuously exploring new ways of doing things. To avoid getting into a personal “rut” regularly view things from different angles. Some thoughts on how to practice "Fresh Thinking": Think about things in your life or career that you believe need to change - are you getting stale? Write down the things you...
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The Welsh Women in Business Awards 2022 is open to any woman running a business here in Wales. Size doesn't matter to us! You might be a one-woman band or the female founder of a huge company. Maybe your business is new like ours, or maybe it's been around for half a century - you're all equally amazing! We have 16 categories to reflect the variety of businesses so we can be as fair and...
The Welsh Government has published guidance outlining what you need to know about the introduction of border controls posts (BCPs) at Welsh ports. The guidance also provides an overview of the post EU-exit requirements for border checks on goods moving between the European Union (EU) and United Kingdom (UK). BCPs already exist at UK airports and ports which have been importing from countries outside the EU. This is sometimes referred to as Rest of World...
Celebrating the Fintech Professionals of Wales, the Fintech Awards Wales takes place on 16 September 2022 at Tramshed, Cardiff and entries and nominations are now open. As an emerging tech region, Wales has the fastest growing digital economy outside of London and with solid growth of the financial and professional sector in Wales, the platform is set to support the country’s digital revolution. The FinTech Awards Wales have the following awards in 2022: FinTech Start-up...
More than £13 million will support trade unions deliver skills solutions and learning support to workers over the next three years, Economy Minister Vaughan Gething announced today. The Wales Union Learning Fund (WULF) programme and the Wales TUC trade union education programme support trade unions in Wales to develop the essential skills and employability of the workforce, with a particular emphasis on removing barriers for traditional non-learners. The next stage of the programme will build...
Making Tax Digital (MTD) will be mandatory for VAT-registered businesses from 1 April 2022. MTD helps taxpayers get their tax returns right by reducing common mistakes as well as saving time managing their tax affairs and is a key part of the overall digitalisation of UK tax. VAT-registered businesses that have not yet signed up to MTD for VAT should do so now. All VAT-registered businesses must use MTD for VAT for their first VAT...
Accidents and illness can happen at any time so it’s important that you know your organisation's provision for first aid. The HSE website has information on first aid at work for: employers employees first-aiders In addition, the site has links to a list of first aid related publications. This includes popular titles such as First aid at work: Your questions answered and Basic advice on first aid at work.
A timetable for changes to Wales’ Test Trace Protect service is being published today (28 March) as part of wider plans to gradually move beyond the emergency response to the pandemic. A new Social Care Transition Plan is also being published today (28 March), which will set out new arrangements for care homes between April and June. The changes come as Wales today takes further cautious steps to relax some of the legal protections which...
Helpful reminders ahead of 1 April 2022: the new Plastic Packaging Tax (PPT) comes into force on 1 April 2022. From this date if you manufacture or import plastic packaging you must check if you are liable for PPT. You will have 30 days to register for the tax from the date you become liable go to GOV.UK and check the steps to help you decide if your business is liable for PPT nobody will...
As an employer running payroll, you need to: report to HM Revenue and Customs (HMRC) on the previous tax year (which ends on 5 April) and give your employees a P60 prepare for the new tax year, which starts on 6 April HMRC have published important information for employers on GOV.UK, which includes: help finishing the tax year 2021 to 2022 starting the new tax year 2022 to 2023, by using their form P9X (2022)...