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.
Category Archives: Business
UK economy ‘set for rebound’ after increase in business and consumer confidence
The UK is set for rebound after business and consumer confidence rose to levels on par with those seen prior to the coronavirus pandemic in February 2020, according to the latest research.Continue reading
Gender pay gap – what does this mean for pensions?
Research suggests that the average woman in her twenties today will retire with £100,000 less in her pension than her male peers.
Draft legislation implements requirement for “mandatory independent scrutiny” of pre-pack administration sales
New legislation will require independent scrutiny of pre-pack sales where connected parties are involved, it has been announced.Continue reading
Businesses to have access to free service to help resolve disputes with banks
Small and medium-sized enterprises (SMEs) will have access to a new independent service to assist in resolving disputes with banks.Continue reading
Construction industry VAT reverse charge to come into effect on 01 March, Government confirms
The delayed Construction Industry Scheme (CIS) VAT reverse charge will come into effect on 01 March 2021, it has been confirmed.Continue reading
Voluntary and compulsory strike off processes paused in response to national lockdown
Companies House will pause both the voluntary and compulsory strike off processes for one month to support businesses affected by Covid-19, it has been announced.Continue reading
CJRS: Annually paid directors may now be eligible for furlough claims
Small company directors that were not able to claim under the Coronavirus Job Retention Scheme (CJRS) because they paid themselves an annual salary in March 2020 may now be eligible to claim under the scheme.Continue reading
EU exports halt as UK firms encounter extra charges
Due to the new trade rules that came into effect on 1 January 2021, many UK businesses, who export to the EU, have been hit by extra charges, taxes and paperwork. Some have stopped exports to the EU as a result. Continue reading
Late payments: Large businesses to pay small firms within 30 days under Prompt Payment Code
The Government has confirmed that large businesses that have signed up to the Prompt Payment Code (PPC) must pay small businesses within 30 days.Continue reading
