How to grow your Business

Important Dates for Entrepreneurs

Valentina GolubovicValentina Golubovic
Last updated on:
September 8, 2022
Published on:
September 8, 2022

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Start-up founders need to be prepared for what will happen in the next few days, weeks and months. So, which dates should they know? Below is a list of key dates they'll want to be aware of.

Bank Holidays 2022/2023

2022

  • Monday 26th of December (Boxing Day)
  • Tuesday 27th of December (Christmas Day substitute)

2023

  • Monday 2nd of January (New Year's Day substitute)
  • Friday 7th of April (Good Friday)
  • Monday 10th of April (Easter Monday)
  • Monday 1st of May (Early May bank holiday)
  • Monday 29th of May (Spring bank holiday)
  • Monday 28th of August (Summer bank holiday)
  • Monday 25th of December (Christmas Day)
  • Tuesday 26th of December (Boxing Day)

According to employment rights, workers are entitled to the statutory minimum level of paid holiday. The statutory minimum is 5.6 weeks (28 days) of paid leave, often called annual leave. The statutory minimum can include bank and public holidays. This means that since there are 8 bank holidays in 2023, by law, your workers are entitled to a minimum of 20 days of paid leave in their employment contract. The UK average is slightly higher than this, with some employees receiving 25 holiday days in addition to the 8 bank holiday days.

Major Religious and Public Holidays 

It is essential to be aware of religious holidays and celebrations to be a diverse and inclusive employer. Awareness of such holidays will make employees feel appreciated and valued, which will, in turn, give them greater job satisfaction, resulting in less staff turnover. 

Diwali - 24th of October 2022

Diwali, translated to mean the festival of lights, is a major religious holiday celebrated by Hindus, Sikhs, Jains and some Buddhists. It usually lasts 5 days, and each religion celebrates different historical events. Traditions and celebrations include giving gifts, feasts, decorating the house with lights, praying and fireworks. 

Thanksgiving - 24th of November 2022

Thanksgiving is a major public holiday celebrated on the fourth Thursday of November in the US. It s a time when Americans give thanks for the autumn harvest and spend time with family. 

Hanukkah - 18th to 26th of December 2022

Hanukkah is a religious holiday known as the festival of Lights. It is a holiday which last eight days, and Jews celebrate by praying, giving gifts and lighting the Menorah.

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Christmas - 25th of December 2022

Christmas is a public holiday in the UK where Christians celebrate the birth of Jesus Christ. Nearly all organisations celebrate it in the UK by having a Christmas meal and giving gifts. Some businesses decide to close operations from Christmas to New Year to allow staff to celebrate and spend time with their families and friends. 

Chinese New Year - 22nd of January 2023

The Chinese new year, also known as the lunar new year, is celebrated in China and by Chinese communities worldwide. The celebration lasts for 15 days, and traditions include decorating the house in red for good luck, giving money to children and spending time with family.

Easter - 9th of April 2023

Easter is a major religious holiday when Christians celebrate the resurrection of Jesus. 

Ramadan - 22nd March to 21st April 

Ramadan is the ninth month of the Islamic calendar. It’s a month where Muslims abstain from eating and drinking and focus on their connection with God. In 2023, Ramadan is expected to start on the 22nd of March. If you have muslim employees, consider allowing flexible working arrangements. Speak to your employees regarding their preferred method of working, as their productive hours may shift due to a change in routine.

Eid al-Fitr - 21st or 22nd of April 2023

This is a Muslim celebration that marks the end of Ramadan. It usually last one or two days, and Muslims celebrate this by going to the mosque, spending time with family and enjoying food. It is important to note that this celebration begins when Muslims sight the moon. The opinion on when the moon is sighted may differ between some groups therefore, the celebration can begin on different days for those celebrating. 

Eid al-Adha - 28th of June to 2nd of July 2023

This is the second Eid celebrated in the Islamic faith, marking the end of the Hajj pilgrimage. Dates may vary depending on the sighting of the moon. 

These are just a few of the many religious and cultural holidays there are. You may want to familiarise yourself with these, especially if you have a diverse team. Whether it's to make your employees feel welcome or for your marketing strategy, it is vital to take note of these key dates.

About Legislate

Legislate is a legal technology startup which allows landlords, letting agents and small businesses to easily create, sign and manage contracts that are prudent and fair. Legislate’s platform is built on its patented knowledge graph, which streamlines the contracting process and aggregates contract statistics to quickly unlock valuable insights. Legislate’s team marries technical and legal expertise to create a painless, smart contracting experience for its users. Legislate is backed by Parkwalk Advisors, Perivoli Innovations and angel investors.

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