Company incorporation and registration fees will rise in May just weeks after new legislation that has given Companies House greater powers. The cost of incorporating a company online is set to up go from £12 to £50, while the fee for a postal application will increase from £40 to £71. The new fees, taking effect […]
Chancellor Jeremy Hunt announced an extension to the freeze on alcohol duty to February 2025 in the Budget, declaring that the government was backing “the great British pub”. The move has been welcomed and will benefit 38,000 pubs across the UK. However, there have also been vocal calls for more support for the hard-pressed hospitality […]
The Economic Crime and Corporate Transparency Act, which became law in October 2023, has created a raft of new measures affecting companies and their directors.It has given Companies House significant new powers to investigate both new and existing companies. And there are also new rules coming into effect in March that businesses and their directors […]
New working regulations will come into effect in April this year giving employees the right to request flexible working from day one of their employment. Under the current law, workers have to have been employed for at least 26 weeks before making a request to work flexibly. However, The Flexible Working (Amendment) Regulations 2023, laid […]
With less than a month to go to the self-assessment deadline HM Revenue and Customs (HMRC) has revealed almost six million people have yet to file their return for the 2022-23 tax year. The deadline to file a return and also to pay any tax owed is January 31, 2024. And as Myrtle Lloyd, HMRC’s […]
Good cash flow and strong cost control are more important than ever for businesses in these challenging economic times. Having a strategy is vital and it needs to be organised, understood and communicated. If not, any gains made will be short lived and may actually cause more problems than they solve, because change can cause […]
A large increase in the amount of R&D tax relief claimed by UK businesses in the financial year 2021 to 2022 was driven by small firms, according to the latest figures. They show a total of £7.6bn was claimed – an 11 per cent rise on the previous 12 months. The figures also show the […]
Official statistics have revealed that the number of UK businesses registered to pay VAT and employees’ tax has fallen for the first time in a decade. In March this year a total of 2.73 million businesses were signed up to pay VAT or Pay As You Earn (PAYE), the system used to collect income tax […]
Lancashire companies seeking funding to fast-track their growth can now visit a new online hub to get a better understanding of the options open to them. The new funding hub has been launched by Lancashire County Council and the Lancashire Enterprise Partnership (LEP). As well as information about a variety of funding options it also […]
Despite the cost-of-living crisis and the squeezing pressures of inflation the North West’s entrepreneurial spirit continues to shine. The number of start-ups in the region is on the rise, according to new figures from the UK’s insolvency and restructuring trade body R3. Its research has revealed that 40,300 new businesses were created in the region […]
