surely a 35 hour contract is just that - provide 15 hours work only, pay 35 hours - end of. Works 40 - what does the contract say for that - generally pro rata
thats why shift / rota planning becomes so necessary
holiday pay calcs are complex as the article implied. so works 15hours paid 35 - what is the 12.07% holiday entielement over the 12 previous weeks based on, hours presumably- or money paid ?
and FRS 16 for property leases with up front rent frees ... anyone looked at this yet [ Steve ?] and how balance sheets will look at commencement [ especially multi site retailers] ?
Guess the examples above for Motors would be adjusted by an approximate residual/trade in at the end of lease
how does it work with th e likes of , say, amazon business? and other 'major' platforms which SME's buy from, from whom obtaining an invoice [ vat or otherwise] is fraught
& another RTI issue
they makeup a "specified charge" number
[ one they think is real !? ] and then send off the Debt management. Letter s to HMRC go unanswered...as normal.. HMRC letters are intimatory & unsigned
Debt management instruct bailiffs, no wonder fees are rising .
Its a whole new economy - GDP rising - based on a makeup number which of course is bogus from inception - because of the HMRCsystem issues noted above
so be aware of specified [madeup liabilites]charges
steve - plse expand on the implications of parent / sub loans even where sub is 100% owned -[as opposed to there being a small minoirty 3rd party interest] ie sub setup for buying a specific business and to trade on - funded by parent'initially'
Several £100k's seems odd to discount npv and charge one interest and the the other interest receivable ?
its the stores fault... they do not issue - but should - correct vat/ sales documentation at the till. tills can easily be programmed to print the VAT requirements of an invoice for sale surely??
not just apple stores even down to the b2b stores [ sometimes... they do ask if you want a vat receipt @ the till but rarely ]
Steve - with IFRS15 on revenue recogition wef 1/1/18 etc - how does this now apply - if @ all [to frs105 investment companies] who may be offering rent free/ reduced rent but requiremnt to carry out 'refurb' etc and other issues on recognition ?
steve many thanks, excellent article
Holding Co - x3 £ 1 shares issued - H+W + another s/holder
Co owns a trading software business subject now of interest from an Investor
investor looking to buy 50% of holding co. by way of part acquiring Existing Dir/Shareholders[ part cash out] who are to remain
So questions please -
in order to sell shares - HoldCo is going to need to share split the x3 £1 share - do all these shares say 1/10 p shares , meet qulifcation then for ER [ holding co is investor in trading ...]
In fact does sale of some - not all -HOLD shares quaify for ER
remaining [ diluted] shares to be sold if yr 3 projections met also to be ER each will still hold >5%
any other issues / code etc ?
but for small SME's whether small gym or a small Saas [ i have potential clients from both markets] who use Sage50, there seems very little in the way of sensible add-on outthere = or is there ?
so the answer is SF or FF or netsuite any of which will cost more than the business actually invoices pa
the xero market has one or i believe - but sage were kind enough today to tell me ....they didnt have clue to resolve.