| On-Line PEST Review |
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| November 2008 | |
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This issue provides 3 examples of how we can keep in touch with current issues and reduce the fees spent with consultants. Why keep in touch? It is because all good businesses should do PEST review all the time. P is political. E is economical. S is social and T is technological. Current issues will affect our top line and bottom line some time in the near future. If we have a good IT infrastructure in our company, our key staff will be equipped to stay current all the time.
Example 1 PAYE Calculator: Tax rates change on 1 October 2008. If you're an employer you need to make sure you start using the new PAYE rates from the first pay period that ends on or after 1 October. You'll also need to have the updated Tax code declaration (IR330) form available for your employees from 1 October. If you haven't received the new PAYE form or tables (IR340 and/or IR341), you can download them from the website below. You can also calculate the PAYE online. It is fun.
Example 2 Carbon Calculator: The Ministry for the Environment has recently published a guide and a calculator for voluntary corporate greenhouse gas measurement. Organisations undertake voluntary measurement for many reasons, such as to identify where emissions occur, understand the cost of becoming “carbon neutral”, increase market share by winning over the consumer who cares and to respond to customers’ requirements and supply chain expectations. The URL below will bring you to the calculator. It is an eye opener if you have not seen it before. It is fun two (too).
Example 3 Technology for Business: How much we should spend on IT as a percentage of turnover or overhead? Do we need virtual servers, 64bit computers, dual core PC and etc? Visit |