Trade agreement between UK and India close to completion
Jul 12, 2022
It has been announced by India’s commerce minister, Piyush Goyal, that India’s long-anticipated trade agreement with the UK is set to reach completion by October. In the agreement, Goyal has said that 11 of the proposed deal's 26 chapters are ...
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Government must act to improve inbound tourism, Select Committee says
Jul 07, 2022
As the UK tourism sector recovers from the pandemic, a Government minister has been told more must be done to encourage international visitors. The Digital, Culture, Media and Sport (DCMS) Select Committee meeting, which took place on 5 July, highlighted the UK’s ...
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Have you claimed the working from home tax relief?
Jul 05, 2022
The eligibility criteria for the Government’s work from home tax relief was relaxed during the pandemic, as restrictions prevented many people from physically going to work. Thanks to this, if you were required to work from home for a limited period, ...
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Have you renewed your tax credits?
Jul 01, 2022
According to HMRC, 323,700 customers are yet to renew their tax credits, with just one month left to do so. Tax credits offer targeted financial aid to working families, so to ensure you receive what you are eligible for, it is ...
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Open banking allows accountants to deliver added value for clients
Jun 28, 2022
A new survey has found that more and more SMEs are turning to open banking to make their businesses more efficient, a move that offers accountants opportunities to deliver added value to clients. Open Banking was launched in the UK in ...
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How hospitality can cope with strikes and staff shortages
Jun 23, 2022
The leisure and hospitality industry’s recovery post-pandemic is still being blighted by a shortage of staff. According to figures from the Office for National Statistics (ONS) this month, the sector has 83 per cent more vacancies than in the same period ...
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Could you be missing out on tax savings?
Jun 21, 2022
With the soaring cost of living squeezing pockets, no one wants to be paying more tax than they should be. Despite this, over £20 billion of tax allowances and reliefs remain unclaimed in the UK. The key to taking advantage of ...
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New hospitality champion to help deliver on training and education
Jun 17, 2022
While the hospitality industry enjoyed an early summer uplift with the Queen’s Platinum Jubilee celebrations getting the tills ringing, recruitment within the sector remains a problem. To address this, a leading industry body has appointed a new champion to help implement ...
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Subcontractors: Be aware of your Construction Industry Scheme obligations
Jun 14, 2022
If you work for a contractor, you must be on top of your obligations under the Government’s Construction Industry Scheme (CIS). Whilst the contractor is responsible for deducting money from your pay and making the necessary payments to HM Revenue & ...
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Small but mighty: the SMEs powering the UK economy
Jun 10, 2022
Small and medium-sized businesses (SMEs) contribute massively to the UK economy, accounting for more than £2 trillion in turnover, new research has revealed. Whilst SMEs only employ between one and 249 people, the analysis by the School of Marketing also revealed ...
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