Graduate recruitment trends 2018

Having worked at the forefront of the graduate recruitment industry for a number of years, 2017 stood out as a year dominated by technology – and this will undoubtedly continue into 2018, too. This year, however, advancements in recruitment technology and the adoption of new strategies with different priorities will forever change the relationship between

The post Graduate recruitment trends 2018 appeared first on Small Business.

Source: SmallBizUK

Research and analysis: VAT partial exemption

The research aimed to explore businesses’ knowledge and use of VAT partial exemption, and gather information on VAT recovery rates in 17 industry sectors. In particular, it looked at:

  • awareness of VAT partial exemption
  • knowledge of the different methods of calculating it
  • how much VAT is being recovered by businesses in different industry sectors

The research found that there was general awareness of VAT partial exemption, but that recovery of VAT differed widely among businesses, both within and between sectors.

Source: HMRC

Research and analysis: Sources of company income

HMRC commissioned this research into businesses with fewer than 4 employees to help it better understand how they work with clients, how they derive their income, and what they do with it.

It consists of interviews with 1,000 small businesses and includes 30 in-depth interviews.

Source: HMRC

Research and analysis: Exploring small producers and importers of soft drinks with added sugar

This qualitative research project looked at small producers and importers of soft drinks containing added sugar, providing insight into their characteristics and practices.

Its main aim was to assist the development of the Soft Drinks Industry Levy by finding out how small producers and importers operate in the soft drinks with added sugar market, and the potential impact of a levy on them.

The research provided evidence of how much small producers and importers make or trade their products, information which helped to set the exemption level for small businesses.

Source: HMRC

Crystals, potions and tarot cards: the mystical rise of new age businesses

Consumer appetite for spiritualism has sparked a rise in companies offering everything from AI-powered astrology apps to subscription boxes for white witches

Harmony Nice is a 20-year old vlogger from Norwich. While she covers beauty on her YouTube channel, and her goth-inspired look is a hit on Instagram, it’s her potions, crystals and tarot cards that set her apart from your average YouTuber.

Nice has been practising the Wicca religion for about four years and has been sharing her beliefs with her 300,000-plus subscribers for just over a year. “Wicca is a nature- and pagan-based religion, with elements of witchcraft in it,” she says.

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Source: Guardian

Press release: Government sets out minimum wage rights for seafarers in UK water

  • seafarers in UK internal waters must be paid at least the minimum wage, government warns
  • UK Border Force will hand out information in over 50 languages promoting seafarers’ workers’ rights
  • new Business Minister affirms workers playing a ‘vital’ role in UK waters should be paid fairly

All seafarers working in UK waters must be paid at least minimum wage rates, the government warned in new guidance published today (18 January 2018).

It comes after concerns about unfair competition, following reports that some ships registered abroad were underpaying their workers in UK waters, undercutting UK crews.

UK Border Force patrols will be handing out information to seafarers and employers in more than 50 languages promoting minimum wage law.

Employers failing to pay at least National Minimum Wage and National Living Wage can face fines of up to 200% of the underpayment, public naming and, for the worst offences, criminal prosecution.

Business Minister Andrew Griffiths said:

Seafarers’ work is vital to key UK industries such as fishing, oil and gas. We are determined to ensure they are paid fairly for the work they do, often in challenging conditions.

Today we are making it crystal clear that if you work in UK waters you are entitled to at least the minimum wage and all employers – no matter where they’re from – must pay it.

Border Force’s Modern Slavery Maritime lead Rob Meyer said:

Border Force takes its role of tackling exploitation and protecting vulnerable people very seriously. We have run a number of maritime operations targeting unscrupulous employers in the sector, and are working with government enforcement agencies to take action taken against the minority of employers who do not treat their workers in line with UK law.

Minimum wage law applies to seafarers:

  • when they are working on ships within UK waters and ports regardless of where the ship is registered, or where the worker ordinarily works or lives
  • on a foreign ship for work performed outside the UK if they ordinarily work in the UK
  • on UK registered ships if some of their work is in the UK and they live in the UK

If anyone is concerned that they are not receiving at least the minimum wage, they can check their pay online, or contact Acas in confidence, on 0300 123 1100.

Source: HMRC

At the sharp end of the Carillion supply chain | Letters

Readers on the fallout from the collapse of Carillion. Letters from Mary Mellor, Ian Lovegrove, Prof Joe Sim, Peter Kunzlik, Dr Valerie Lipman and Ian McIlwee

Andrew Adonis is right to see Carillion as another Lehman (Report, 17 January). In the same way as letting Lehman fail undermined the whole banking sector, the failure of Carillion will infect the whole supply chain and threaten all companies that have the same flawed model of using high levels of debt to give the illusion of profitability. Like the banks, some form of state rescue will be needed. However, the state should not repeat the error of using public money to put Humpty Dumpty back on the wall.

As Aditya Chakrabortty says (It’s time to take on the zombies, 17 January), the nonsense of neoliberalism must be challenged. Stratospheric executive pay, prioritising shareholder value and stock market froth do not reflect market efficiency. Nor are states households that must be disciplined by austerity. As I argue in my book Debt or Democracy, public money is an independent force, as the bank rescue showed. The private sector needs a vibrant public economy able to use all its powers to sustain overall economic wellbeing (wellth). The private sector is only as strong as its weakest link. When that fails, the only grownup in the room is the public economy. In the face of market failure, states need to plug the gap with surplus expenditure, that is, deficit spending, funded by quantitative easing not borrowing. When the crisis is over, if necessary, this spending can be reclaimed through taxation.
Mary Mellor
Newcastle upon Tyne

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Source: Guardian