What changes as you get bigger.
WHAT THRESHOLDS COMMONLY TRIGGER OBLIGATIONS
Employee numbers Turnover Asset values Sector activity
WHAT CROSSING THEM TYPICALLY BRINGS
Pension scheme obligations Industrial training contributions Audit requirements Tax rate changes Data protection registration More detailed filings
WHY IT MATTERS
Obligations arrive without notification.
WHAT TO DO
Know the thresholds relevant to you, and watch them.
WHAT TO REVIEW ANNUALLY
Headcount Turnover Assets Activities
WHAT TO CHECK AGAINST THEM
Which obligations now apply.
WHAT COMMONLY GETS MISSED ON GROWTH
Employer registrations, when first employing Audit requirements, on ceasing to be a small company Data protection registration Sector thresholds
WHAT TO PLAN FOR
Cost increases with each threshold.
WHAT TO BUDGET
Audit, advice and additional filings.
WHAT TO DO BEFORE HIRING THE FIRST EMPLOYEE
Establish every employer obligation.
WHY BEFORE
They begin with the first employee.
WHAT TO DO BEFORE OPENING A SECOND LOCATION
Establish what that state and local authority require.
WHAT TO DO BEFORE EXPORTING
Establish registration and documentation requirements.
WHAT TO ESTABLISH ANNUALLY WITH YOUR ADVISER
What has changed, in the business and in the rules.
