Monthly Archives: July 2021

Hot Business News Today

Cloud and SaaS accounting — what are the advantages?

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Originally written by Alice Feilden on Small Business
Cloud and SaaS accounting systems are becoming ever-more sophisticated and more widely used. In essence, they are web-based software programmes which users rent or subscribe to. The advent of such services means businesses no longer own the software downloaded on a disk or computer. Instead, subscribers can use the internet to access their financial information.
Small business accounting can be a challenge, but it needn’t be. Below, are five advantages of using an cloud-based and SaaS (software-as-a-service) accounting system for your business:
1. Time saving
One of the benefits of internet-based accounting software is its ease of use. You can set up an account so that information about your finances — including sales, income, purchases and transactions — can flow straight from your business account to your books.
Using desktop-based softwares, from the advanced to the Excels of the world, can be clunky and mean small business owners must manually input bookkeeping data. This can waste time and prove expensive for a streamlined team. With the cloud, entrepreneurs can essentially go ‘hands free’, which means spending less time on repetitive accounting tasks and more time on growing the business.
2. Easy access
The beauty of cloud and SaaS accounting software means

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Hot Business News Today

Can I force my staff to come back to the office after July 19?

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Originally written by Anna Jordan on Small Business
Staff may have to return to their offices and workplaces after July 19 after an extended period working from home.
We’ll be asking if you can force staff to come back to the workplace and what risks you need to be aware of.
Why are staff expected to return to work?
As part of his announcement yesterday (July 5), Boris Johnson said that the ‘work from home wherever possible’ advice would be lifted. From July 19, it’ll be up to employer whether they ask their staff to come back into the workplace.
Aside from that, the PM also outlined from this date that:

Masks will no longer be a legal requirement
Social distancing rules will end
All businesses that are closed will reopen
Covid-19 certificates will not be a legal requirement
Travellers who are double jabbed won’t have to quarantine after returning from amber-list countries

An announcement may follow that those who are double jabbed won’t have to self-isolate if one of their colleagues contracts the virus. Self-isolation is expected to be replaced by a regular testing regime.
What’s more, the government has no plans to introduce a legal right to work from home. There are also no plans to introduce labour laws that

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