The National Minimum Wage (NMW) will increase across all age groups from next year, the Chancellor has announced.
Category Archives: Business Blog
Business rates to halve in hospitality, retail and leisure sector, Chancellor reveals
Business rates will be cut by 50 per cent in 2022/23 for firms in the hospitality, retail and leisure sectors, Budget 2021 documents have revealed.
Pay bounces back strongly as economy recovers
The labour shortage appears to be proving beneficial to many workers as pay increased significantly in 2021, according to figures from the Office for National Statistics (ONS).
Rural businesses “more likely” to use personal finance than urban counterparts, study reveals
More than four in 10 businesses in the UK now use external finance to support growth and investment plans, a major study has revealed.
Plastic Packaging Tax: what is the new levy and how can my business prepare?
The Plastic Packaging Tax – also known as the PPT – will come into force from next year.Continue reading
SMEs behind rapid rise in Research & Development tax relief claims
More small and medium-sized businesses than ever are taking advantage of the landmark Research & Development (R&D) tax relief scheme, it has been revealed.
Workers claiming Working Tax Credit urged to update their hours
Workers in receipt of Working Tax Credit (WTC), have been urged to check if they need to update their working hours.Continue reading
Self-Employment Income Support Scheme: last chance to claim fifth grant
Today, 30 September 2021, is the last day self-employed workers can apply for the fifth and final Self Employment Income Support Scheme (SEISS) grant.
Do I need to rethink my IR35 strategy while there is a shortage of lorry drivers?
Due to Brexit, driver retirement and the enforced IR35 reform, there is now a shortage of Heavy Goods Vehicle (HGV) drivers in the UK – around 100,000, according to some estimates.
MTD for Income Tax delayed until April 2024, HMRC confirms
Making Tax Digital (MTD) for Income Tax will be delayed until April 2024, the Government has confirmed.Continue reading