The Government’s recent decision to scrap the State Second Pension pension system will affect some six million UK workers and hundreds of employees from April 6. Read More
Month: March 2016
Falling number of SMEs receive government-backed loans
Small and medium-sized businesses are getting a dwindling level of support from the Enterprise Finance Guarantee (EFG) scheme. Read More
Six million UK workers to pay higher NI contributions after pension changes
Following the abolition of the two-tier state pension, around six million UK workers will face a surprise cut in their take-home pay next month. Read More
Fruit juices and smoothies with ‘unacceptably high’ levels of sugar should face new taxes
Experts have said fruit juice and smoothies should be included in the new sugar tax after finding that some had twice as much sugar than required to qualify for the levy. Read More
IFS examines Chancellor’s Budget plans
A leading think tank has published its analysis of the Budget delivered by the Chancellor last week. Read More
Custodial sentence for businessman who cheated taxes
A takeaway owner who stole £165,000 in tax was this month jailed for more than two years. Read More
Are your employee workplace pension schemes in place and working?
McGills Chartered Accountants in Cirencester are right on the money when it comes to workplace pensions – and the firm is encouraging local businesses and employers to consult them on steps that must be taken to comply with legal requirements that must take effect by 2018. Read More
Brexit to cause ‘£100bn shock to UK economy’
Leaving the EU could cost the UK economy £100 billion and 950,000 jobs by 2020, according to business organisation the CBI. Read More
Budget for small business
Small businesses have generally given Chancellor George Osborne’s Budget the thumbs-up this week and have particularly welcomed the long-awaited reform of business rates and business rate relief being doubled. Read More
Businesses give their backing to apprenticeship drive
Employers have thrown their weight behind the ninth Annual Apprenticeship Week. Read More