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Changes to planning rules for housebuilders, review of whether to pay a bonus as a salary or dividend, and tech guidance from the NCSC

There’s good news for small to medium-sized housebuilders as the government aim to change planning rules to reduce red tape, we weigh up the pros and cons of paying yourself a bonus as part of a salary or dividend, and we share top tech guidance from the NCSC. Changes to Planning Rules Could Make Life…Read More

Do you need to diversify your business?  An economic growth “is underway”, plus the FSB updates guidance on Employers’ Liability Insurance

Today we discuss whether diversification is a good business strategy, why the IMF believe the UK’s economy is growing, plus we share guidance from the FSB on how to update your Employer’s Liability Insurance. When is Diversification a Good Business Strategy? It’s long been said that putting all your eggs in one basket is risky.…Read More

Planning for a new business, BNPL firms, and what to do if you fall foul of a data breach

Today we give our top tips on key points to consider when starting a new business, the new framework for Buy-Now, Pay-Later (BNPL) firms, and what you should do if you become a victim of a data breach. Are you thinking of starting a business? If you’re considering starting a business, there’s a lot to…Read More

Key points of the new UK-EU trade deal, implications of the inflation rise and details of refunds for incomplete debt relief order applications

We start the short working week with details of how the new UK-EU trade deal could affect your business, the implications of the rise in inflation, and provide you with information regarding refunds for incomplete debt relief order applications. What the New UK-EU Deal Could Mean for Your Business The UK government has agreed a…Read More

Hiring staff from overseas, tackling work related stress, and knowing what makes your staff feel angry!

Today we review the government’s recent announcement to reform the immigration system to see how it may affect workers.  We also take a deep dive into HSE’s plan to support employees in tackling work related stress, and review a survey by ACAS revealing what gets under the collar of staff in the workplace. New Immigration…Read More

The latest interest rates, trade news and the low down on Child Benefit for teenagers

Today we are talking interest rates and how the new UK/US trade deal could affect your business.  If you’ve got teenagers, you’ll also need to take action if you receive Child Benefit, as your child’s next steps could impact any future payments. Interest Rates Cut, Trade Talks Shift – What It Means for Your Business…Read More

Reforms to tackle small pension pot problem, new rules for banks wanting to close accounts, and legislation to be introduced for cryptoassets

Today we place a focus on the government’s plans to tackle the problem of small pension pots and the management costs they create, plus banks are to follow new guidelines around the closure of bank accounts, and how cryptoassets will be subject to new legislation. New Reforms Aim to Tackle the Growing Problem of Small…Read More

New tax administration measures, low value import rules under review and new international rules to cut legal costs for UK businesses

Today’s blog post places a focus on new rules relating to tax, imports and international legislation aiming to cut legal costs for UK businesses.  If these affect you or your business, read on to find out more! Raft of tax administration measures announced: How will these affect businesses and employers? James Murray, the Exchequer Secretary…Read More

Cyber Attacks on Retailers, UK and India sign a trade deal, and how planning reforms could affect your business

The recent cyber attacks on M&S, Harrods and Co-op have sparked a wave of fear amongst business owners, we discuss what every business should learn in defending themselves.  Plus, positive news as the UK and India sign a deal to reduce tariffs, and how the latest planning reforms could impact your business. Cyber Attacks on…Read More

Musk shifts focus back onto Tesla, the IMF’s prediction for 2025 and AI proves beneficial to SMEs

With Elon Musk recently announcing he is stepping back from his US government role to place a greater focus on Tesla, we explore how business owner can’t take their eye off the ball with their business if they wish to stay ahead of the game.  We also take a look at how AI is proving…Read More

Are you prepared for HMRC’s Making Tax Digital system? Plus, Cyber Governance and How Rejection Can Fuel Business Success

As we start the week we remind relevant sole traders and landlords to ensure they are ready to submit quarterly updates to HMRC as part of their Making Tax Digital initiative.  We also reassure budding business owners that even the most successful entrepreneurs faced rejection when they first started out – don’t give up at…Read More

Cuts to import tariffs, a huge boost for farmers, a consultation on the tax treatment of predevelopment costs is delayed and the dark side of a cyberattack

Let’s take a look at the government’s cut to zero in import tariffs, review a financial boost for farmers, explore a delay in a consultation on the tax treatment of predevelopment costs and the huge financial implications of a cyberattack.  Read on to find out more! Cuts to import tariffs Amidst all the news about…Read More

The impact of a fall in inflation, a stark warning for company directors and new rules around employing gig economy workers

Whilst it’s good news that UK inflation rates have fallen, businesses are still tackling increases in wages and energy costs.  We guide business owners through practical steps on how to plan their finances over the next few months.  Plus, a stark warning as over 1000 company directors were disqualified for abusing the Bounce Back Loans…Read More

HSE’s Working Minds campaign, the Neonatal Care (Leave and Pay) Act 2023 and what to do if you face insolvency

Today’s post talks about the latest campaign from HSE on how to tackle workplace stress, new legislation around supporting employees requiring Neonatal Care and our tips on what to do if your business faces insolvency. Stress Awareness Month: Tackle Workplace Stress During April, the Health and Safety Executive’s (HSE) Working Minds campaign is inviting employers…Read More

US Tariff Increases: 7 Concerns and What You Can Do About Them

The US tariff saga continues to rumble on, and global markets have been tumbling. Retaliations – repeated in some cases – between certain countries and the US give more force to a growing global trade dispute. Even though the UK’s main rate is a relatively low 10% (25% on British cars) – and you might…Read More