At the start of the new tax year in April the thresholds for student loans will increase, which may affect employees that are repaying their academic fees. The threshold for…
Business News
Almost two-fifths of small businesses are looking to trade overseas
Despite the impact that Brexit has had on trade in the UK, a new survey conducted by YouGov has found that 38 per cent of small businesses are likely to…
National Living Wage and National Minimum Wage rates to increase from 1 April
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…
Business rates review report delayed
The Government has announced that the final report of its fundamental review of business rates will be delayed and will be published in the autumn. It says that by then…
Vaccine rollout prompts SME optimism about prospects for 2021
New research has found that SMEs across the UK are feeling increasingly optimistic about their prospects for the rest of 2021, after the success of the vaccine rollout. The Barclaycard…
Budget 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…
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 from 21 January until 21 February to support businesses affected by COVID-19, it has been announced.…
Consultations on future of Companies House could see filing deadlines slashed
A set of consultations on the future of Companies House published in December 2020, include proposals for mandatory digital filing, requirements to tag accountants digitally with IXBRL and shortening filing…
Business insurance rates are on the rise
The impact of the pandemic has been felt in many different ways. Some of the effects have been quite immediate, but now many businesses are starting to see how the…
Could the Government be about to launch a new permanent state-backed small business loan scheme?
According to reports in the Financial Times, the Government is considering launching a new loan scheme, where businesses could borrow anything up to £10 million through an 80 per cent…
