Join us for this free seminar to learn about your legal obligations with regards to the new Pension Reforms by listening to our expert speakers. Date Wednesday 16 September 2015 Venue Marriott Hotel 1 Queen Square Liverpool L1 1RH Time Breakfast & Registration – 9am to 9.30am Event – 9.30am to 11.15am Coffee & Close … Continued
Small firms gear up for auto-enrolment
Small businesses employing 40-49 workers will begin complying with their auto-enrolment duties from 1 August. The dates when businesses begin complying with auto-enrolment are known as staging dates. From this date employers are required to have enrolled employees onto a workplace pension scheme, written to staff members and signed the declaration of compliance. The staging … Continued
Entrepreneurs’ relief changes affect family businesses
Family businesses are being unfairly penalised by changes to entrepreneurs’ relief (ER), according to the Institute of Chartered Accountants in England and Wales (ICAEW) Tax Faculty. The amendments, passed into law through the 2015 Finance Act, prevent retiring partners from claiming ER if they are associated with people in the purchasing business. Likewise sole traders … Continued
Government publishes productivity strategy
A plan to improve the productivity of UK businesses has been published by the Treasury. The policy document identifies 2 key areas to stimulating productivity in the UK: long-term investment and a dynamic economy. Among the measures included in the strategy are: the government aims to increase business investment by lowering personal and business taxes, … Continued
New UK GAAP for small and micro-entities released
When the United Kingdom replaced local GAAP with a new standard based on the IFRS for SMEs in 2013, the Financial Reporting Standard for Smaller Entities (FRSSE) was retained. Now the Financial Reporting Council (FRC) has issued a suite of changes that update and, in many cases simplify, UK and Ireland accounting standards and include … Continued
New Big Lottery £10m fund
The Big Lottery Fund has launched the £10m Big Potential Advanced Fund. The new ‘Advanced’ route is an extension to Big Lottery Fund’s existing investment readiness programme; Big Potential. It will be supporting organisations at a more advanced stage in their social investment journey, looking to raise larger investments of over £500,000 as well as … Continued
Summer Budget highlights
No one quite knew what to expect in the first budget by a majority Conservative government for almost 20 years. In his seventh Budget Statement as chancellor, George Osborne promised a ‘big budget for a country with big ambitions’. As predicted there were details on how the government will fulfil its pre-election goals of reducing … Continued
Genuine HMRC / BWMacfarlane contact and recognising phishing emails / vishing phone calls
‘Phishing’ is the fraudulent act of emailing a person in order to obtain their personal/business financial information such as passwords and credit card or bank account details. These emails often include a link to a bogus website encouraging you to enter your personal details. ‘Vishing’ is the term for the increasingly popular use of bogus … Continued
Flexible working not advertised during recruitment
Employers could be missing out on top talent by not advertising flexible working arrangements during recruitment, a report by Timewise has suggested. The jobs board found that 6% of all jobs offering a salary between £20,000 and £29,999 advertise flexible working arrangements during recruitment. Higher salaried jobs were less likely to offer flexible work: 3% … Continued
Copyright theft puts business development at risk
A quarter of businesses with intellectual property have had their patent violated over the past 5 years, according to research by the Federation of Small Businesses (FSB). The survey found that almost 1 in 3 businesses with intellectual property rely on it to generate between 75% and 100% of their revenue. Despite this, less than … Continued