As you may know it is currently National Apprenticeship Week 2022 (NAW). From 7 February to 13 February 2022, the Government is running this campaign to highlight benefits of apprenticeships for both employers and employees.
Brexit Freedoms Bill to be brought forward
The Brexit Freedoms Bill will be brought forward to “cut red tape” and improve trading conditions for British businesses, it has been announced. The new laws will make it easier to amend or repeal outdated “retained EU law” to support international growth. Here’s everything we know about the Bill so far. What is the Brexit […]
UK launches “world-leading” data council to help seize global data sharing opportunities
The world’s biggest businesses – including Google, Mastercard, and Microsoft – came together for the first time last week to help Britain “seize the opportunities of better global data sharing” now that it has left the EU. The announcement comes after the European Commission formally agreed to recognise Britain’s high levels of data protection standards […]
Half of firms “not confident” in trading with EU following introduction of full customs controls
More than half of businesses are not confident in trading with the European Union (EU) following the introduction of full customs controls, a major study has found. The research, published by the Institute of Export and International Trade (IOE&IT), suggests that traders are still getting up to speed with the new rules which came into […]
Do you know the new UK commodity codes?
From 1 January 2022, businesses may need to change the commodity codes they use for goods that they import or export overseas. The changes come after full customs controls were introduced at the beginning of this year. If you are an international trader, here’s what you need to know. What are the new UK commodity […]
Give yourself Time to Pay
Taxpayers who are unable to pay their Self-Assessment (SA) bill can use the option of paying by instalments with a Time to Pay arrangement with HM Revenue & Customs (HMRC). If you cannot pay a Self-Assessment tax bill you can make your own Time to Pay arrangement using your Government Gateway account, if you: Have filed your […]
Cash no longer king as card payments surge in lockdown
Whether it is down to the spread of the Coronavirus or just a general trend to a more cashless society, card payments have boomed in the last couple of years. While restrictions were in place, hardly anyone accepted cash and it is a trend that looks like it will continue with more and more payments […]
Be prepared for changes to Corporation Tax in 2023
The 2023-24 tax year may seem a long way off, but it is important that companies are prepared for changes to the system a little more than year down the line. The main rate of Corporation Tax (CT) will rise to 25 per cent for the financial year commencing on 1 April 2023, but it is slightly […]
Accountants critical to the success of SMEs
Small and medium-sized enterprises (SMEs) are the lifeblood of the country, accounting for 99.9 per cent of all businesses across the UK. At the start of 2021, there were estimated to be 5.6 million UK private sector businesses. But they acknowledge, according to a survey, that their operations would struggle to function efficiently without the […]