INFORMATION
Call to change school holidays
The majority of Britons want the school holiday system changed to make life easier for business people, according to research by virtual receptionist service Ava. About 53% of respondents said
the holiday system should be restructured. Lucie Greenwood, Sales Manager
at Ava, said: “It’s impossible for the education system to accommodate the needs of all entrepreneurs, but the lack of consistency in the way holidays are scheduled from school to school is clearly putting many start-ups on the back foot.” With this year’s long summer
holiday only a few weeks away, the team at Ava has offered some handy tips to help business owners, particularly home workers, to negotiate this difficult period. • Seek help from a third party - don’t take on too much yourself
• Make every minute count – cut out unnecessary admin that can be picked up when the kids are back in school
• Build a network – meet with other home business owners and, if possible, help each other out
• Always have plans B and C - even during term times, there will be days when the children come home unexpectedly.
New rules streamline compliance process
Limited liability companies have new rules to comply with, following the enforcement of parts of the Small Business, Enterprise and Employment Act 2015 at the beginning of April. The new rules are aimed at
streamlining compliance processes for businesses while increasing corporate transparency. Duncan Taylor, Partner and
Solicitor at Nottingham’s Nelsons Solicitors, said: “It is a law which all limited companies and LLPs must be aware of and take reasonable steps to adhere to.” Key highlights of the Act, which
entrepreneurs and small businesses need to be aware of, include simplified company filing requirements and a new register of people with significant control (PSCs) in a company. To improve the accuracy of the
public register, the Act is replacing the annual return, from 30 June, with a confirmation statement. Companies now need to just
check and confirm that information held by Companies House is correct, or provide the most up-to-date information, at least once a year.
44 business network June 2016 Take skills ‘down under’
Australia is crying out for business acumen from the UK. British entrepreneurs are wanted ‘down under’ according to a survey which showed nearly nine- out-of-ten Australians want more Brits to emigrate. The survey, by Crown Relocations, revealed 86%
would welcome more Brits, with one-in-five Aussies saying the country lacks entrepreneurs. And two-thirds of those polled (65%) considered
UK citizens to have strong entrepreneurial skills. John Morris (pictured below), National Manager at
Crown Relocations, said: “The survey results are encouraging for entrepreneurs considering setting up a business ‘down under’ and show that British entrepreneurialism is recognised and welcomed there.
“Everyone knows that Australia is a beautiful
country and a wonderful holiday destination. But it can also provide exciting opportunities for entrepreneurs looking to work abroad.” These results come 60 years after a
mass migration from Britain to Australia, when British people were encouraged to move there. The top five skills/professions
Australians believe their country lacks are doctors (39%), nursing (35%), scientists (33%), teachers (29%) and entrepreneurs (19.5%).
Duncan Taylor of Nelsons Solicitors In order to achieve greater
transparency of the ownership of companies, a new requirement for a register of people or entities with significant control has also been introduced. PSCs are any individuals or
entities who or which hold more than 25% of company shares or voting rights, have the right to appoint or remove the majority of directors or have significant influence over the company. This new register needs to have been kept from 6 April 2016.
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