Autumn Statement 2016 – Pro-small business or anti-small business?

Autumn Statement 2016

In his debut, Autumn Statement 2016, the Chancellor announced plans that will continue to negatively impact small business, it looks like we have yet another anti-small business government. The highlights of the Autumn Statement 2016 are: A new higher VAT flat rate for ‘service-based’ businesses – aka contractors From 1st April 2017, “businesses with limited […]

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Starting a business

Starting a business

Starting in business Lost your job and struggling to find another, maybe you have decided it’s time to start your own business, which ever reason it is you are going to need help. 5.4 million small and medium sized UK businesses In the UK there are current 5.4 million small and medium sized businesses, that […]

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R&D Tax Credits

R&D Tax Credits

£1 billion Did you know that Small and Medium Sized UK businesses have claimed nearly £1 billion in R&D Tax Credits? WOW, speaking as someone who runs a family business that’s a lot of money, so have you had your slice, our clients have! Oddly enough, with all this money on offer it would appear […]

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National Minimum Wage and National Living Wage rates

With effect from 1 October 2016 the following national minimum wage and national living wage hourly rates take effect: Age From 1 October 2016 Previous Rate National Living Wage £7.20 £7.20 Main rate for workers aged 21-24 £6.95 £6.70 Rate for 18-21 year olds £5.55 £5.30 Rate for 16-17 year olds £4.00 £3.87 Apprentice rates […]

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HMRC warning about telephone scam

There is currently a telephone scam where a recorded message is left, allegedly from HMRC, stating that HMRC are bringing a lawsuit against the individual and is going to sue them. The recipient is asked to phone 0161 8508494 and press “1” to speak to the officer dealing with the case. This scam is becoming […]

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