Archives for August 2012

Frome Business Start- Up Competition

Neil Howlett with John Walton, Blacksmith and Isobel Noctor, Yumble Crumble

£1,000 prize money is up for grabs for the new businesses who enter the 2012 Frome & District New Business Start-up Competition.  Harris & Harris are supporting this initiative of Frome & District Chamber of Commerce and Wessex Chambers.

Neil Howlett, partner at Harris & Harris and President of Frome Chamber says, “Frome is a great place to start in business, and lots of people do.  We want to support them and help them grow.  Entering is easy, and doesn’t cost anything.“

The aim of the competition is to support and promote local start-up businesses.  As well as cash the competition offers new businesses a high profile and practical support from sponsors. It follows a successful pattern of competitions run by Wessex Chambers.

The contest is open to anyone from Frome and the surrounding area who started trading after 1 January 2011.  The winner will receive free publicity via media sponsors Somerset Standard and BBC Somerset, and all entrants are offered free practical help by HSBC, Old Mill, and Sainsbury’s.

The closing date is 5 October and the Final will be at Rook Lane Chapel, Frome, on Friday 9 November 2012.

For further information please contact Kate Preece, 01225 355553

kate@wessexchambers.org.uk   www.wessexchambers.org.uk

Employers can be liable for Facebook harassment by employees

Employee A uses employee B’s work computer to update employee B’s Facebook status in a way that is discriminatory and amounts to harassment.  As their employer are you liable?  Yes, according to a recent Employment Tribunal case. [Read more…]

New Requirements for Gift Aid Declarations

HMRC has updated its requirements for Gift Aid declarations. It is important that you review and, if necessary, amend the wording that you use.

HMRC now require that donors confirm they have been given an explanation that they must pay enough Income or Capital Gains Tax to cover all Gift Aided donations that they intend to make that year.  Previously, donors were asked to confirm only that they pay enough tax to cover the gift to your charity.

This does not represent a change in the law but a clarification of HMRC’s requirements.  HMRC say that if charities use this new form they can be confident HMRC will not later challenge a Gift Aid claim on the grounds that the donor gave an invalid declaration, i.e., because they were not in fact paying sufficient tax.  This risk applies particularly to large donations.

You have until 31 December 2012 to change your declarations.  There are model declarations available on HMRC’s website and a checklist for Gift Aid donations.

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