Category Archives: Employment

Proven And Time-Tested Employment Tips And Advice

When searching for a job, there is a wealth of information available to you online. You have to be sure that you’re doing whatever you’re able to do to get that information in your mind. Continue reading and you can find that job you’ve always wanted to have.

When you want a job, make certain you go to the interview dressed nicely, whatever the position. Potential employers will view a well-dressed prospect as more qualified than someone who doesn’t dress well, regardless of their actual qualifications. There may not be a need to dress to the nines every time, but always be appropriate.

Tweak your strategy for job searching if you are not having any success. There are a lot of places that may not be hiring these days but that shouldn’t stop you. You might need to expand your job search area, but make sure that you can afford the commute if you get hired.

Leave as early for work as you can. Unexpected delays could make you late, so having a buffer of several minutes is valuable! Proving that you can show up to work on time every day will have a positive impact on your employment.

Continue to learn and grow. There is always something new to learn when it comes to technology. Therefore, continue to upgrade your skills. Therefore, attend seminars and take classes on a new piece of technology. Knowledge is truly power when it comes to job hunting or promotions down the road.

Amenities are something that can attract employers who want to work harder. Many businesses from many different niches offer certain amnesties that their employees love, such as indoor pools, gyms, or saunas. These little improvements will drive the demand for your position higher and increase the supply of workers that apply for the job. This ensures that you as the employer get to select only the best of the best to work for you.

You always want to look your best when attending a job interview. Be sure you are wearing the proper clothing and spruce up the small things, like your nails or hair. Potential employers will probably judge you on what they see, so be sure to leave them with a positive impression.

You should avoid being set on a single position. Though the job may be promising, you do not have the job until you are fully hired. Stay persistent and apply to various jobs. If you apply to multiple places, you will be much more likely to get a job.

Apply for unemployment benefits quickly once you learn you are losing your job. Do not wait for your severance to end, or until the last day you work. The sooner you’re able to sign up for this, the better chance you’ll have at being approved quickly.

Create a schedule at work that you and others can count on. Include family time, job search time and time to network. When they’re able to expect good things from you, you’ll be on their good side. Show up and leave at the same time each day and take a predictable lunch period. Should adjustments need to be made, good communication, as early as possible, is suggested.

Because the digital world is ever advancing, you have to be mindful of your presence online. It is imperative that you search for your name online to see what comes up from time to time. You must always know what companies will see about you when they look for your name online as well to check up on you.

Before you go to your interview, practice your interviewing techniques with someone. You can do this with a relative or a friend. When you role play, you can practice how to answer those interview questions on the spot. Request feedback or suggestions for ways to improve both verbal and nonverbal cues so as to effectively deliver your message.

Have letters of reference ready before you begin your job search. It’s one thing to claim to have references. It’s entirely another to pull out a sheaf of letters of reference. If you do this, your interviewer can read right away about your great contributions and will not have to chase down your references.

You should never put false information on your resume, no matter how small it may be. If you are worried about exposing an issue in your past, it is better to omit it completely than to lie about it. Your future boss may have ways to discover if you are being truthful.

Stay away from making extremely rude or negative comments about your previous employers online, even if it is through your personal social networking profiles. Employers are sure to research the online persona of any potential employee. Abstaining entirely from posting explicit and potentially offensive content is your best bet, more so than simply setting it to ‘Friends Only’.

Find out what different departments are for. There is much more to your company than your personal tasks. Knowing how and why the departments coexist will help you do your job. It’s important then to ask questions of your colleagues in other departments. Understand their job well and you will be more successful at yours.

Take the time to do a little research about the employer you are interviewing with. The more you know about the organization and its image, the more impressive you will appear. That will put you above other candidates. This means you may have a greater chance at getting the job.

Relevant experience is going to help you get that job. If you’ve worked part time, seasonally or even volunteered in a relative capacity, put it on your resume. Try mentioning any clubs you participated in during high school, too.

You need to use your resources and skills to their fullest. Use what you now know to help you find the right job. You’ll find that this information you’ve learned will be helpful when you want to change careers.

Your guide to corporate tax

All businesses that are limited companies operating in or from the UK are liable for corporation tax to some degree, but there are different rules for sole traders and partnerships. For example, a business established in the UK is taxable on its profits worldwide, while a non-resident business is taxable on trading profits that can be attributed to a permanent establishment (PE) in the UK, in addition to being subject to income tax. There are various opt outs and dividend exemptions that may apply, however, depending on status and a comprehensive range of tax treaties. In essence, corporate tax is a territorial system by nature.

Organising your corporation tax

As taxation can be complicated, it is worth making sure a business is completely up to date with current government initiatives and regulations. Specialists can be invaluable in this respect as some schemes include taxes linked to Capital Gains, Restructuring, IR35 enquiries and HMRC correspondence. For example, there is no invoice for corporate tax that a business has to pay: it is up to every commercial organisation to work out the amount of tax due, report it and then pay it on time and in full.

New businesses must first register to pay corporate tax with HMRC, then keep accurate accounting records of all transactions, and finally prepare a tax return on behalf of the enterprise that details the taxable amount payable. If a business is not due to pay tax, this must be reported within a specified time period, normally nine months and one day following the end of the commercial accounting period.

Understanding corporate profits

If a business is trading, profits are taxable. If investments are sold, income from these is also taxable. The same applies to any assets you sell for more than the cost price, as these are known as chargeable gains. UK-based businesses must pay corporate tax on profits they make abroad as well as in the UK. Companies based abroad are liable only for tax on profits from UK activities. There are various formalities to observe if a business has ceased to operate and is dormant, and more again if a dormant company resumes trading.

The UK government has a useful website covering basic information. There is also a helpline for businesses that want to make general enquiries about corporate tax, however be prepared to call early in the morning (8am–9am) or after office hours (5pm–6pm) to get a fairly prompt response. A more detailed guide to corporation tax can be downloaded and printed from the website.

Getting the best advice

Tax specialists make it their business to understand the ins and outs of business taxes. For example, they can advise on how to deduct authorised expenditure from trading income so as to calculate net profit (on which corporate tax is based). As their own charges are deductible, it makes sense to use the best professional advisors available and reduce corporate tax in the process.

Helpful Tips When You Want A Job

It is easy to talk about how much you dislike your job, until it is gone and you are unemployed. At that point, they realize they were fortunate just to be employed! You need to act fast if you don’t have a job. Use these tips in order to successfully reintegrate into the workforce again.

Always dress up for your job interviews, even if you will not need to dress professionally on a daily basis. Even if the workplace is a casual one, you still need a nice appearance to impress your interviewer.

It’s important to prepare when searching for a job. A resume that contains current information is required. Update your old cover letter, and include any new developments with your experience. List your accomplishments, and include your educational background. This should include education, job experience and professional references who can vouch for you.

Always plan to be at work early. Many things can happen that can hold you up. Give yourself plenty of time to get there. That way you will be able to build a consistent record of timeliness, which is something that employers value highly.

Continue to learn and grow. The work world is always changing, just like technical things do, and you must show that you can keep up. If you wish to stay current, you have to stay on top of all of these changes. Go to classes on subjects that you wish to know more about, and attend seminars. This knowledge could just give you the edge over other candidates when it comes time to hire.

Keep your attitude in check. Failure is almost certain at some point, so take this with a grain of salt. Never skate along with simply unemployment wages, or you’ll easily become complacent with your current life. Make goals for yourself and fill out as many applications as you can.

Keep in mind that the resume represents only one small part of the big picture. Make sure it’s up-to-date and fresh. There are many other factors that play into you landing the job or not. Applicants who are dedicated and enthusiastic will be considered above those who do not show those traits. Show off what makes your qualifications special.

Success comes to those who dress for it. Pay attention to your grooming and dress in an outfit that is tasteful and appropriate. Employers will pass judgement on you based on your initial appearance, so make sure that you make a good impression.

When you’re going to apply for jobs, you must not count on only one thing going through. Until you sign on the dotted line, you’re still unemployed. Keep all avenues open until a job is locked down. Your odds of scoring a position are much higher if you submit a large number of applications.

If you need to find someone to work for you, it’s a good idea to have patience. You may find yourself in need to hire new people to meet new business requirements. Hiring too quickly can lead to unqualified employees. Even worse, certain states have laws that make it extremely hard for you to terminate an employee.

The day you know you’ll be unemployed, go to the unemployment office. Do not wait for your severance to end, or until the last day you work. Sign up right away so that all the red-tape and paperwork will have time to process before you are penniless.

The right resume will help you land the job that you desire. Your resume needs to be very organized so that employers can determine your background easily. The resume you submit should highlight your education, experience and what you can offer. Also, be sure that you add contact information and any experience you have with volunteering.

Network within your field. Successful networking makes use of strategies and goals that can help you build some meaningful professional relationships. Use public events, seminars, and online forums to surround yourself with the people and ideas within the industry. Network as often as possible so that you can learn how to become a leader in the industry you’re in.

Online templates are great for creating a resume. There are a lot of things out there that can help you depending on what you need. Determine what aspect of your resume you’d like to highlight and then find a template that will help you reach this goal.

After applying for jobs, expect phone calls from some prospective employers. Answer your phone mindfully. You need to show that you are taking the job hunt seriously, as well as taking them seriously, so that you can make sure the first impression you give them is a good one.

Prepare for an interview in advance. Choose what you will wear and place your documents and other paperwork in a binder or briefcase ready to go. You need to make sure that your morning will run smoothly so you can have time to arrive to your interview.

Never settle for anything less than you deserve. You may not be appreciated enough if you take a less-than-ideal job. Find out how much you’re worth by using an online salary calculator. Your potential employers will realize you are not a fool if you take the time and care to be treated properly. If you have low self-esteem, a potential employer might be put off.

Find out what tasks are the responsibility of the other sections in your office. Each department may requires different skills than those needed to perform the specific tasks you do each day. Seeing the big picture will help you to carry out your tasks more mindfully and efficiently. What do other people at the company do? Learn about their values and beliefs.

When you are unemployed, life can be very difficult and you may feel very insecure until you have a new job. We hope that this article will point you the right way in your job search. Remember to keep your chin up — it won’t be long until you are fussing about conditions in your new workplace.

Looking for help when starting a new business

Starting your own business can be challenging and rewarding at the same time. The thought of being your own boss and making your own business and career decisions can be empowering. In order to make the most of it and build up a successful business from scratch, you will need to learn a variety of skills. You are also likely to require some assistance.
Business requirements

You will need several things before starting your business. The first of these is a sound business plan to help you map out how you will start and run your business. The business plan acts as a roadmap to guide you in your new endeavour.

You will also need to decide on a location for your business. Select one that is customer-friendly, easily accessible, affordable and suitable for your needs. These days, thanks to the internet, you can start a business right in your home. If your business requires a physical location, ensure that you meet all the zoning laws and you have the requisite business licenses and permits.
Another thing to consider when developing a start-up is the legal structure. You have the option of making your business a sole proprietorship, partnership, limited liability company (LLC), corporation or cooperative. The choice is yours, but make sure you fully understand the legalities involved in each.

Additionally, if your business is big enough, you’ll need to hire staff. This presents new challenges and responsibilities. Luckily, you have the option of outsourcing several functions to freelancers and other contractors instead of hiring fulltime staff.

Finally, you need to consider how you will finance your business. There are several viable options ranging from venture capital and bank loans to government backed loans and grants. Alternatively, you can decide to draw funds from outside investments. If you decide on the latter, make sure you ask for advice from the experts. For instance, Charterhouse Capital Partners, buyout specialists, will be able to advise you on the best investment opportunities available.

Getting help
As you can see, an entrepreneur has plenty to think about and numerous decisions to make. It is therefore advisable to take full advantage of the many entrepreneurial training options available in your city or country. Find out where you can get training or mentorship from other experienced entrepreneurs in your chosen industry and take the necessary classes, either online or in person.
Furthermore, enrol for as many business seminars, workshops and retreats as possible in order to increase your knowledge in your area of specialization. These events also provide excellent opportunities for you to meet and network with other entrepreneurs, further helping you to promote, grow and improve your business.
Learning never stops for an entrepreneur. Always keep an open mind, ask questions and seek help whenever you need it. Entrepreneurship is exciting and there are countless opportunities for you to take advantage of. Remember that there are no shortcuts to hard work, but with the right mind-set and a lot of determination, you are sure to realise your dreams.

Using an Umbrella Company For an Easy Life

Using an Umbrella Company For an Easy Life

Contractors who have worked under a limited company for years will be surprised to hear that umbrella companies are fast becoming the popular choice for new contractors and freelancers. As many of you will know an umbrella company is a company that is set up to be an intermediary between a contractor / freelancer and the clients they work for. And the main purpose of that umbrella company will be to deal with all of the day to day administration that comes with contracting, (such as taxation, payroll and invoicing) in order to free up more time for the contractor to work their contracts (and therefore make more money.) In return for a small fee (depending on the umbrella company) the client will no longer have to worry about the hassles of PAYE and NIC’s, of invoicing and chasing clients and of dealing with accountants, HMRC or Companies House.

Tell Me Something I Don’t Know – Haven’t Umbrella Companies Been Around Forever?

Absolutely, and this is part of their appeal. They have always been popular with contractors but it is only in the last few years they have become really popular. That’s because HMRC has recently been introducing more and more legislation to close down popular taxation vehicles used by contractors and in all that legislation umbrella companies have remained untouchable. Legislation in 2007 explicitly noted that umbrella companies were considered to be in a different category than composite structures and single person companies and they remain the best solution for avoiding the perils of IR35. Whilst structures such as Managed Service Companies and Employee Benefit Trusts have fallen by the wayside and whilst limited company contractors find themselves more and more wary of any new regulations, umbrella companies keep on growing in popularity (there are now more than 200,000 people in the UK working through an umbrella company) and doing what they do.

So What Is It That They Do?

In a nutshell they offer the only rock-solid, compliant and trustworthy alternative to a limited company on the market, designed to offer contractors a much easier and more relaxed way of working without all the paperwork and admin that comes with running a limited company.

What About The Tax Advantages of Limited Companies?

For contractors who earn more than £300 a day there are some tax advantages to running their business through a limited company but these need to be weighed up with all the disadvantages and regulatory pitfalls that come with being a limited company contractor. For other contractors and for new contractors the tax advantages of a limited company structure are much less and they would almost certainly benefit more from the other advantages (as well as the guaranteed compliance) of an umbrella company.

Tell Me About The Advantages of Umbrella Companies Then…

Firstly, it is worth stating that umbrella companies do have some tax perks of their own. On top of the time and money they will save you in freeing you up from admin and paperwork they also allow you to claim money back in expenses whilst working under an employer / employee structure. For example, as you will most likely be contracting from a number of different locations these will all be classed as ‘temporary workplaces’ and this will mean you can claim for travel and subsistence costs involved with getting to and from those temporary workplaces as well as any costs incurred on site. These expenses can be offset against your gross salary.

 

Secondly, you will be working through PAYE and NIC’s and will therefore be a full employee of your umbrella company. This means that although you are still a contractor you will be given the full statutory rights of an employee, which include sick pay, sick leave, maternity leave and holidays.

 

Thirdly, any umbrella company worth its salt will also provide you for free with all of the insurances you are required (or strongly recommended) to get as a contractor. This should include complete cover for both professional and public liability. Standard levels offered by most umbrella companies are up to £5 million for Public Liability Insurance, up to £10 million for Employers Liability Insurance and up to £10 million for Professional Indemnity Insurance. Some will also cover you for insurances specific to your sector of contracting.

 

Then there is the issue of compliance mentioned above. This is fast becoming one of the biggest advantages of umbrella companies. As mentioned above, the fact that they have been around for years when other company structures have been legislated against by HMRC has meant many contractors have concluded they are the safest port in a storm. The IR35 legislation that looms over the working lives of every contractor is simply not an issue when it comes to working through an umbrella company. Whilst IR35 was introduced with the aim of catching contractors who had an ‘employment’ style relationship despite working outside of PAYE and NIC’s, umbrella company contractors work through PAYE and NIC and are therefore never going to fall foul of IR35. The same thing applies to Managed Service Legislation and Onshore Intermediaries Legislation. In other words, unlike limited company contractors, umbrella company contractors can be certain they will never find HMRC knocking unexpectedly at their doors.

  Ok, That’s All Great, But Will An Umbrella Company Really Mean An End To Paperwork?

Absolutely. That’s the whole raison d’être of an umbrella company. Most contractors and freelancers go solo because they want to work for themselves doing what they love and because they want to flee the tedium and time-wasting of paperwork and admin that comes with an office environment. Many limited company contractors then find themselves spending half their time doing exactly that. Joining an umbrella company is the perfect solution for people who don’t want to do any paperwork whatsoever and want to spend all their time concentrating on their actual contract work. Once you sign up with them, umbrella companies will immediately start handling all of your PAYE and NIC payments and will deal with HMRC on your behalf. Not only that, but they will also handle all of your invoices to clients and then collect the money from those clients when it is time to pay up. This also means they will handle the legal side of things if they need to chase clients for money (one of the worst parts of contracting.) Indeed any paperwork or admin relating to the day-to-day running of your contracting career will be dealt with by your umbrella company. The only thing you will have to do is hand in a timesheet (with your hours and expenses) once a week, normally via an online portal. That’s it. That’s the total extent of your paperwork as a contractor!

Sounds great! Any disadvantages?

Only that for a small percentage of high-earning contractors the tax advantages, as mentioned above, might be slightly better with a limited company. But for everyone else the removal of all the administrative hassles and paperwork make umbrella companies the perfect way of working. This is especially true for new contractors who might want to see if they enjoy the contracting working style or for experienced workers who wish to contract temporarily. Umbrella companies are easy to join and easy to leave in a matter of hours whereas limited companies can take ages to get started and even longer to close down again. Once again that’s down to all the paperwork – limited companies require a ton of it whilst umbrella companies require none.

Looking For A Job? Try These Tips To Get Ahead In Your Search! – Part 2

Figure out a regular working routine. Many employers want to have a consistent worker. They will trust you more when they’re aware of what to expect. Show up and leave at the same time each day and take a predictable lunch period. If adjustment is necessary, let your boss know.

Resist the urge to stretch the truth when you are being interviewed. It’s possible that the employer will check everything that you say during the interview, and if he or she catches you in a lie, you won’t get the job. Even if he or she doesn’t, you’ll end up in trouble if you claim to have skills, knowledge or experience that you don’t have. Focus on giving them the strengths that you have instead of making things up just to impress them.

Getting an unpleasant query from your interviewer can seem discouraging. This won’t happen to you if you’re prepared for anything. Before going on an interview, make sure that you are prepared for any questions about gaps in work history or any disciplinary issues you may have had. Be honest, and take responsibility. Often, this is more beneficial than exaggerating or trying to lie your way out.

You must know what information is available about you online. Perform a search on your full name to see what you find about yourself. This is what prospective employers will see if they choose to search for your name, and you will be able to make any changes if necessary.

If you are going through an employment agency, be sure to research the company completely and check out their consistency when it comes to guarantees. Some employment agencies are set up to simply take your money. Ask around and see if there are others you know who have had experience with the agency. A good agency can be a great help and a smart thing to do.

Make sure your reference letters are at the ready. Having your letters ready and on hand can be quite helpful. This will facilitate smooth communication between them.

It is important to understand the ins and outs of the company you are interviewing for. Your position in the company may be small compared to the overall workforce around you. And knowing how everything works together will actually help you perform your role to its fullest. If you do not understand something, ask questions. Working together, you can all do your jobs to the best of your abilities.

Dress properly for the position you desire, not the one you already have. This should be followed if you do not have a job, or you just want a new one. You never know who you will meet today. Even when you are going to the store, you should appear groomed.

Being out of work during the times of an economic downturn can make finding a new job difficult. Not only is the competition fierce, but you’re being judged. Use the tips shown here to effectively find employment.

Looking For A Job? Try These Tips To Get Ahead In Your Search! – Part 1

It can be very difficult to find a good job, especially in this troubled economy. You must remember many things if you want to compete well for the handful of jobs available. This is why it’s always best to use some solid tips and tricks to help you ace an interview.

Consider going back to school. Sometimes it is important to learn new skills in order to land a new job. The greater your knowledge, the more opportunities you will have. You can even study online at home.

It is important to be prepared with questions of your own for your interview. Often times they will ask if you want to know anything else, and the answer is always yes! Ask them what working at that company is like, what kind of work that it is and anything else that may be on your mind. A good tip is to look for a HR Solutions company who can often get you prepared for an interview with some professional help.

Don’t stop learning new skills ever. Technology changes quickly, and business practices in various industries are always evolving. In order to stay relevant, you have to keep up with these changes. If you need to, take a few classes or sign up for seminares. The more knowledge you have, the more marketable you’re going to be to employers.

You always want to look your best when attending a job interview. Be sure to choose appropriate attire and pay close attention to the details like your nails and hair. Potential employers will probably judge you on what they see, so be sure to leave them with a positive impression.

You should avoid being set on a single position. Though something appears likely, there is always a chance it will fall through. Continue to keep all your options open. When you put your application and resume in as many places as you can, you’ll increase your chances of getting a position at one of the the companies.

If you don’t have one, work on getting a professional email address. This is one of the first things that an employer is going to see, next to your name. Keep your address simple an use your last name. Don’t miss out on the job you want due to a silly email address you got years ago.

Check to make sure the references on your resume are current. It is not a great idea for an interviewer to call references and discover the numbers or addresses are wrong. Give them a call and refresh their memory, plus double check their contact information.

Take advantage of the savings provided by a company sponsored health plan. This will be taken out of your check before there are taxes taken out which makes it fairly cheap. If you are wed, then you should compare the plan with your husband’s or wife’s so that you get the best deal.

Understand that companies exist to make money. How can you word your resume or speak in an interview to tell them you’ll make them money? Companies desire more than honest, responsible people.

If you are struggling with money while doing your job searching, think about taking on a part time job outside your industry to make sure you can make ends meet. Tending bar or waiting tables might be an option for you to help you get by.

Looking For A Job? Try These Tips To Get Ahead In Your Search! – Part 2

Figure out a regular working routine. Many employers want to have a consistent worker. They will trust you more when they’re aware of what to expect. Show up and leave at the same time each day and take a predictable lunch period. If adjustment is necessary, let your boss know.

Resist the urge to stretch the truth when you are being interviewed. It’s possible that the employer will check everything that you say during the interview, and if he or she catches you in a lie, you won’t get the job. Even if he or she doesn’t, you’ll end up in trouble if you claim to have skills, knowledge or experience that you don’t have. Focus on giving them the strengths that you have instead of making things up just to impress them.

Getting an unpleasant query from your interviewer can seem discouraging. This won’t happen to you if you’re prepared for anything. Before going on an interview, make sure that you are prepared for any questions about gaps in work history or any disciplinary issues you may have had. Be honest, and take responsibility. Often, this is more beneficial than exaggerating or trying to lie your way out.

You must know what information is available about you online. Perform a search on your full name to see what you find about yourself. This is what prospective employers will see if they choose to search for your name, and you will be able to make any changes if necessary.

If you are going through an employment agency, be sure to research the company completely and check out their consistency when it comes to guarantees. Some employment agencies are set up to simply take your money. Ask around and see if there are others you know who have had experience with the agency. A good agency can be a great help and a smart thing to do.

Make sure your reference letters are at the ready. Having your letters ready and on hand can be quite helpful. This will facilitate smooth communication between them.

It is important to understand the ins and outs of the company you are interviewing for. Your position in the company may be small compared to the overall workforce around you. And knowing how everything works together will actually help you perform your role to its fullest. If you do not understand something, ask questions. Working together, you can all do your jobs to the best of your abilities.

Dress properly for the position you desire, not the one you already have. This should be followed if you do not have a job, or you just want a new one. You never know who you will meet today. Even when you are going to the store, you should appear groomed.

Being out of work during the times of an economic downturn can make finding a new job difficult. Not only is the competition fierce, but you’re being judged. It might be a good idea to take out some sort of insurance to cover you for times out of work, there are various typers of insurance depending on your job title, you can even get specialist freelancer insurance if you work for yourself. Use the tips shown here to effectively find employment.