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Comments Off on Liverpool Council Resource Grants 2019/20 – Application Now Open

Liverpool Council Resource Grants 2019/20 – Application Now Open

Liverpool Council Resource Grants 2019/20 – Application Now Open

Liverpool City Council is now accepting applications from Liverpool-based, constituted not-for-profit organisations for Community Resource Grant funding for 2019/20. £625,000 is available for organisations who can help us deliver the Inclusive Growth Plan. £100,000 is available for organisations who can help increase the capacity of Liverpool’s charity and voluntary sector. The closing date is 12 … Continued

Comments Off on Making Tax Digital (MTD) Letters From HMRC

Making Tax Digital (MTD) Letters From HMRC

Making Tax Digital (MTD) Letters From HMRC

HMRC are writing to around 380,000 businesses over the next two weeks to let them know about MTD for VAT and to advise that single companies, who have annual turnover of £85,000 or more, are now eligible to join the MTD pilot and can start submitting VAT returns under MTD before it become compulsory from … Continued

Comments Off on Budget 2018: Tax and Business Round – Up

Budget 2018: Tax and Business Round – Up

Budget 2018: Tax and Business Round – Up

At a time of political and economic uncertainty, the announcement of several substantial measures in the Budget on 29 October 2018 came as a surprise for many businesses. In fact, the Budget was met with an overall positive reception from industry groups, with the FSB calling it the Chancellor’s “first small-business-friendly Budget”. A range of … Continued

Comments Off on Most Small Businesses Receive Funding Boost

Most Small Businesses Receive Funding Boost

Most Small Businesses Receive Funding Boost

The overwhelming majority of small businesses that applied for finance in the first six months of 2018 were successful, statistics show. UK Finance commissioned market research firm BDRC to carry out its SME Finance Monitor Q2 2018 and found 85% of small businesses in the UK secured finance in the first half of the year. … Continued

Comments Off on Auto Enrolment – Ongoing Responsibilities

Auto Enrolment – Ongoing Responsibilities

Auto Enrolment – Ongoing Responsibilities

Automatic enrolment is a continuing process for employers – it doesn’t end once they’ve put their staff into a workplace pension. There are ongoing responsibilities you will need to complete after you’ve submitted your declaration of compliance. To stay compliant, you will need to: assess the age and earnings of their staff who aren’t enrolled … Continued

Comments Off on Budget 2018: Business reaction to the ‘something for everyone’ Budget

Budget 2018: Business reaction to the ‘something for everyone’ Budget

Budget 2018: Business reaction to the ‘something for everyone’ Budget

Liverpool city region professionals say there are a number of positives in Philip Hammond’s Budget including a renewed commitment to the Northern Powerhouse. Tony McDonough of Liverpool Business News reports Peter Taaffe, managing partner of BWM   Business leaders, both in the Liverpool city region and across the UK have offered a cautious welcome to Philip … Continued

Comments Off on Government Announces Apprenticeship Levy Reforms

Government Announces Apprenticeship Levy Reforms

Government Announces Apprenticeship Levy Reforms

Chancellor Philip Hammond has announced a package of new measures to reform the under-fire apprenticeship levy. Under the revised rules, employers who pay the apprenticeship levy will be able to transfer a quarter of their funds to organisations in their supply chain, including smaller employers. Levy-paying businesses have been able to transfer up to 10% … Continued

Comments Off on Free NatWest Business Accelerator Programme Lands in Liverpool

Free NatWest Business Accelerator Programme Lands in Liverpool

Free NatWest Business Accelerator Programme Lands in Liverpool

The NatWest Entrepreneur Accelerator gives businesses the power to start, scale and succeed via 12 hubs and other satellite locations across the UK. More than 5,000 have already passed through the fully-funded programmes and as of 2017 more than 80% were still trading. Liverpool is to become the first satellite location to host a bespoke … Continued

Comments Off on Update Bulletin 2, Charities SORP (FRS 102) Published

Update Bulletin 2, Charities SORP (FRS 102) Published

Update Bulletin 2, Charities SORP (FRS 102) Published

Bulletin 2 for the Charities SORP (FRS 102) has been published on 5 October It can be found on the Charities SORP microsite here. The bulletin is a summary of the changes to the Charities SORP following the triennial review of FRS 102. These changes apply to all reporting periods beginning on or after 1 January … Continued

Comments Off on HMRC Announce Six-Month MTD Deferral for Complex Businesses

HMRC Announce Six-Month MTD Deferral for Complex Businesses

HMRC Announce Six-Month MTD Deferral for Complex Businesses

The government’s Making Tax Digital (MTD) programme means that from April 2019 businesses with annual taxable turnover of more than £85,000 will be required to maintain digital records for VAT and submit quarterly returns alongside the annual tax return. Under the requirements of MTD, any transfer of data between software programs must be carried out … Continued