National Insurance thresholds are changing – Are you ready?
13 Jun 2022
From 6 July 2022, the Primary Threshold (PT) for National insurance will increase to £12,570. This is the threshold at which employees begin paying National Insurance contributions (NICs). This will bring the rate in line with the current rate of
‘New deal’ for tenants to be delivered in Renters Reform Bill
13 Jun 2022
The ‘biggest change to rent law in a generation’ will be delivered with the Renters Reform Bill (the Bill). The Government says it says it will improve the lives of millions of renters by driving up standards in the private
Take action – Loans to small businesses drop to record low
13 Jun 2022
Research from the Federation of Small Businesses (FSB) shows that successful applications for finance among members have dropped to the lowest level on record. Conversely, figures from the Bank of England show the annual growth rate of lending to big
Managing costs to offset spiralling inflation – Our top tips for cutting your bills
13 Jun 2022
A leading business organisation has highlighted the problems faced by industry after new figures show a steep rise in business costs. According to figures from the Office for National Statistics (ONS), producer input price inflation stands at a record-high 18.6 per cent,
Penalties for misuse of Coronavirus Job Retention Scheme
13 Jun 2022
New legislation allows HM Revenue & Customs (HMRC) to recover Coronavirus Job Retention Scheme (CJRS) grants that have been overclaimed. Those who fall foul of the legislation could face interest charges, financial penalties and even be named and shamed. If
Be prepared for changes to VAT penalties and VAT interest charges
13 Jun 2022
Changes to charges and penalties applied to late submission of VAT returns will kick in from January next year. For the VAT period starting on or after 1 January 2023, new penalties will replace the default surcharge for returns submitted
How hard-pressed SMEs can obtain business support
13 Jun 2022
Small businesses are the lifeblood of the UK economy, but with rapid inflation and other economic headwinds making trade difficult, they can struggle to access support. There is a wide range of important tax reliefs available to SMEs, which could
Jubilee provides extra bounce as business revenues on the rise
8 Jun 2022
A royal Platinum Jubilee bounce is helping drive UK business ahead, as 60 per cent of SMEs expect to see a lift in revenues this quarter.
What is the Construction Industry Scheme?
7 Jun 2022
If you are a contractor, the Construction Industry Scheme (CIS) is something that you will need to familiarise yourself with to avoid falling behind and facing penalties.
Training schemes address labour and skills shortage in hospitality
1 Jun 2022
The labour and skills shortages across the UK and within hospitality are well documented, but even if you don’t know your cruet from your Creuset, opportunities may be opening up.
