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Hethertons Services for Businesses - December 2018

Welcome to the latest edition of the Hethertons Solicitors newswire for Businesses, which is designed to keep you up to date with what is happening within our firm and abreast of the latest changes in industry.

Hethertons Solicitors has been providing advice to businesses in and around York and North Yorkshire for more than 70 years. Despite our long and illustrious history, we are a forward-thinking firm with our finger on the pulse of the modern world of business.

We hope you enjoy reading our latest newswire and find it informative.

  What if… I want to ensure my business is ready for the New Year?


Now is the perfect time to think about your New Year’s resolutions for your business. To help you, Hethertons have put together some suggestions below.

Resolution 1 – I resolve to get my paperwork in order

Up-to-date paperwork is vital to ensure the efficient running of your business. It also ensures you are complying with current laws and regulations. We recommend you consider:

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 Government set to introduce biggest workplace reform in 20 years


The Government are set to introduce workplace reforms that are likely to offer more protection to employees on zero hour contracts, agency workers or gig economy workers.

Under the new legislation staff will now have to be told details of their rights from the first day in a job, including details for paid and sick leave including maternity and paternity leave.

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Average SME is owed around £25,000 in late payments


A new study published by cloud software provider Xero towards the end of November reveals that the average small British business is now owed almost £25,000 in late payments.

The research found that more than three quarters (78 per cent) of UK small and medium-sized enterprises (SMEs) were owed money outside of their pre-agreed payment terms – demonstrating the seriousness of the UK’s increasingly problematic ‘late payments crisis’.

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  SMEs urged to claim broadband vouchers


The Government is urging SMEs make use of a scheme that can earn them a £2,500 voucher towards the installation of fibre optic broadband.

Since it was launched, more than 7,000 UK businesses and surrounding homes have received funding towards the installation of full fibre gigabit capable connections through the scheme.

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Hethertons reflects on the success of York’s small businesses


Here at Hethertons, we believe that the contributions of small business to the city’s economy should not be undervalued.

Our comments come following our sponsorship of the Small Business of the Year category at the 2018 Press Business Awards – an event which we have supported for a number of years.

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  Overseas investment into UK smashes records


2017 saw the greatest levels of inward investment since records began, a new report has revealed.

The figures published by the Department for International Trade, suggests that the UK remains a “top destination” for investment, despite political and economic uncertainty.

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