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The National Minimum Wage (NMW) was introduced by the National Minimum Wage Act 1999. Each year, on 1st October, the levels are adjusted to raise the minimum wage to achieve a basic standard of living for workers. Are you paying enough?

For Greenstones customers (namely the small owner managed business) there are not really any new surprises following today’s budget.

With cash flow being of such importance to all businesses a timely reminder of the best practice in ensuring that business owners avoid bad debt and have the best chance of recovering the debts that are incurred was given courtesy of local accountants GreenStones. They hosted a seminar recently in conjunction with Robert Partridge Managing Director of Effective Credit Collections Limited who spoke about these issues and gave practical tips as well as a detailed explanation of the operation of the court procedures available for collecting overdue invoices.