How does a new Prime Minister affect you? The reality for many small businesses and households has taken a turn for the worse recently as prices continue to surge, particularly energy. So, what’s on offer from the new Prime Minister? The first announcement of the new Prime Minister, Liz Truss, was a plan to freeze […]
Keep calm and focus on what’s really important With the constant news surrounding the energy crisis (and waiting for a new Prime Minister to see what the government will do about it), soaring interest rates and rising inflation, it’s difficult not to worry and lose sight of what’s really important – the health and welfare […]
HMRC Customs Update – Take action now to continue importing goods If your business imports goods into the UK, then you need to move to the Customs Declaration Service (CDS) now. If you do not, you will not be able to import goods into the UK from 1 October 2022. Even if you use a […]
Does your company have a shareholders agreement? For limited companies, when it comes to making decisions, company law states that shareholders who own more than 50% can pass a motion at a company meeting regardless of the views of other shareholders. If a shareholder(s) owns more than 75% of the shares, they control the company […]
Managing your cash in tough times With ever-increasing supplier prices, a rise in interest rates and a looming recession, managing your business’s cash and understanding the flow are now vital tools in maintaining resilience and being able to adopt flexible strategies for success. Cash flows are a reflection of all the cash that is flowing […]
Helping your employees through the cost-of-living crisis The Chartered Institute of Personnel and Development (CIPD) has put together some practical information for employers to support their employees through the cost-of-living crisis. Against a backdrop of soaring prices for food, energy and other essential goods and services, many employers in the UK are asking what they […]
HMRC getting heavy on R&D claims HMRC have started writing letters to some companies that have been making claims for Research and Development (R&D) relief suggesting that they may be fraudulent. This is the result of the system being abused by some spurious claims, but the tone of the letter may alarm some recipients. The […]
Recovery Loan Scheme extended An important support scheme offering Government-backed loans to small businesses will be extended for a further two years, Business Secretary Kwasi Kwarteng announced last week. The Recovery Loan Scheme, originally launched in April 2021 to help businesses recovering from the Covid-19 pandemic, has supported almost 19,000 businesses with an average of […]
UK Government to fund HGV driver training programme for veterans The Office for Veterans’ Affairs will provide £100,000 in funding to the charity Veterans Into Logistics, to support veterans to become HGV drivers. The announcement is on top of the £25m of UK Government funding being distributed through the Armed Forces Covenant Fund Trust to […]
