Self-Assessment taxpayers have been warned to be on their guard against fraudsters trying to steal their information. Over the last year, HM Revenue & Customs (HMRC) received nearly 900,000 reports from the public about suspicious HMRC contact, which included phone calls, texts or emails. More than 100,000 of these were phone scams, while over 620,000 […]
Should payments made by an employee for vehicle and uniform rental be treated as reductions when calculating the National Minimum Wage (NMW)?
Well according to a recent Employment Appeals Tribunal (EAT), yes, they should. In this latest case, a taxi driver in Watford was employed by a firm, which dictated that as part of his conditions of employment he was required to provide a vehicle and uniform, both of which were rented from a company associated with […]
Apprenticeships – The clock is ticking to make the most of funding
By Ben Chernoff, Director at Davis Grant Companies have never had a better opportunity to reduce the cost of hiring an apprentice, but Government schemes to support trainees are soon set to end.
Be aware of tax liabilities if you are using cryptocurrencies
To many, cryptoassets, which includes cryptocurr are an enigma shrouded in mystery. Whether we are talking about Bitcoin, Dogecoin, Litecoin, blockchain or mining, most people will not have a clue.
Take advantage of the extension to the Recovery Loan Scheme
Find out how your businesses can benefit from this Government-backed funding Although much of the COVID-19 financial support has been withdrawn, the Government still wants businesses to access funding to aid their recovery. That is why the Chancellor, Rishi Sunak, has extended the Recovery Loan Scheme until 30 June 2022 – instead of it ending […]
Government knocks down hundreds of international trade barriers to unlock new export opportunities
The Government has dismantled 20 per cent more “barriers to international trade” in the last 12 months compared to previous years, a major study has revealed.
Small business confidence dips ahead of new customs controls coming into force
Four in 10 exporters have reported a fall in international sales since the end of the Brexit transition period, a major study has revealed. The finding forms part of the Federation of Small Business’ (FSB) Small Business Index (SBI), which provides a summary of business performance for the third quarter of 2021. According to the […]
If your holiday got cancelled last year, then read on…
Were you one of many UK holiday-goers whose trip got cancelled due to the pandemic?
Deadline to claim apprenticeship incentive payment just “weeks away”
The deadline to apply for the apprenticeship incentive payment is just weeks away, employers have been warned. Businesses who hired an apprentice with an employment start date from 01 April to 30 September need to apply by 30 November 2021. For those with an employment start date from 01 October 2021 to 31 January 2022, […]
