Business Confidence

COVID vaccination success provides businesses with confidence

Mar 22, 2021

The success of the COVID vaccination programme helped to instil confidence within many UK businesses once more. A survey revealed that the number of confident firms is at its highest level since 2018. More than 65 per cent of companies are ...

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Scam

Increasing number of taxpayers targeted with threatening tax scams, HMRC warns

Mar 18, 2021

Taxpayers should remain vigilant to tax scams “threatening arrest” following a surge in reports, HM Revenue & Customs (HMRC) has warned. The warning comes after a significant number of “concerned individuals” contacted the offices of HM Courts and Tribunals Service (HMCTS) ...

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National Living Wage

National Living Wage and National Minimum Wage rates to increase from 1 April

Mar 16, 2021

The Government is pressing ahead with plans to increase the rates of the National Living Wage (NLW) and the National Minimum Wage (NMW) from 1 April 2021, while people aged 23 and 24 will be entitled to the National Living ...

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Funding

Future Fund: Breakthrough to launch in summer 2021

Mar 16, 2021

The Future Fund: Breakthrough scheme, which is replacing the closed (to new applications) Future Fund scheme, will open in the UK around the start of summer. According to recent figures, the Future Fund presented more than £1.1 billion in adaptable loans ...

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Self employed 2

Newly self-employed asked to complete pre-verification checks before applying for fourth SEISS grant

Mar 11, 2021

Newly self-employed taxpayers may be required to undergo pre-verification checks before they can access the fourth self-employment income support (SEISS) grant, it has been revealed. HM Revenue & Customs (HMRC) wrote to over 100,000 businesses this week informing them about the ...

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Pension (1)

Gender pay gap – what does this mean for pensions?

Mar 08, 2021

Research suggests that the average woman in her twenties today will retire with £100,000 less in her pension than her male peers. If women want to close their gender pay gap, experts say they have to work around an extra 40 ...

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parliament-spring

Budget 2021

Mar 03, 2021

  In the year since the Chancellor, Rishi Sunak, delivered his first Budget to a packed Commons chamber in March 2020, more than 135,000 people in the UK have died from Coronavirus, there have been three national lockdowns, ...

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Hospitality (2)

MPs call for business rates cut in 2021 Budget

Mar 01, 2021

A total of 45 MPs in England are calling for Chancellor Rishi Sunak to cut business rates in England from 50 per cent of the market rent to 35 per cent in the 2021 Budget. They argue that cutting this tax ...

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Portrait,Of,Asian,Young,Male,Cafe,Owner,With,Tablet

Small businesses handed £7.8 billion through local authority grant schemes, figures reveal

Feb 25, 2021

More than £7.8 billion in grant funding has been delivered to small businesses through local authority grant schemes, it has been revealed. The research, published by the Department for Business, Energy & Industrial Strategy (BEIS), serves as a reminder of the ...

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Hospitality (4)

Budget 2021: Hospitality businesses call for extended VAT cut

Feb 22, 2021

Due to the prolonged impact of coronavirus on the hospitality industry, firms within this sector urge Chancellor Rishi Sunak to extend the VAT reductions for a year in the Budget. In 2020, the VAT reduction went from 20 per cent to ...

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