You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Should you open the books to employees?
At Aequitas we can advise business owners in the Pinner area on many of the issues you face. Here are some of the possible advantages of opening the books to your staff...
Opening the books to employees is a strategy that has been tried to varying degrees by business owners over the years, and has often proved to be successful in motivating the workforce and improving performance.
Those who have taken this route report a number of benefits:
Not every owner would want to go so far as to reveal everything to the staff, but it might be worth considering at least a little more transparency for your business.
For the strategy to succeed you will need to develop a system of reporting that provides your employees with timely financial information in a form they can work with. We would be happy to help you.
If you are in the Pinner area and are looking for support and advice from a team of professional accountants and business advisers, contact Aequitas.
29 Jul 2025
Statistics published by HMRC have revealed that Capital Gains Tax (CGT) revenue fell by 18% in the 2023/24 tax year.
28 Jul 2025
The Institute for Fiscal Studies (IFS) has called for the government to take 'decisive action' to ensure the pension system is future-proofed for the next generation.
25 Jul 2025
The government will charge Inheritance Tax (IHT) on unused pension pots and death benefits from April 2027.
24 Jul 2025
The British Chambers of Commerce (BCC) has called on the government to harness retail investor optimism to help grow the UK economy.
23 Jul 2025
The government recently published draft legislation for Finance Bill 2025-26 for consultation.
22 Jul 2025
The Department for Work and Pensions (DWP) has warned that pensioners retiring in 2050 are set to be worse off than those retiring today.
21 Jul 2025
HMRC estimates that US firms underpaid £8.8 billion in taxes in 2024.
18 Jul 2025
The proportion of small firms expecting to contract, sell or close outnumbered the percentage hoping to grow, the Federation of Small Businesses (FSB) has warned.
If you feel our services and expertise could support your business or for individuals, please call us today to book a FREE consultation.
Aequitas Accountants Ltd, Elthorne Gate, 64 High Street, Pinner, Middlesex HA5 5QA
Please get in touch...