New Small Business Commissioner announces “crackdown” on late payments

Posted on 23 Mar, 2021

The new Small Business Commissioner has committed to a “crackdown” on late payments after research revealed that billions of pounds are owed to firms across the country.

Pandemic-related losses: five largest hotel chains lost £10 million in revenue

Posted on 19 Mar, 2021

Recent data reveals that the revenue of the worldwide hotel industry has decreased by £10 million. 

Brexit Support Fund opens for applications

Posted on 16 Mar, 2021

The Brexit Support Fund will help small and medium-sized businesses adapt to new customs and tax rules when trading with the EU, it has been announced.

“Record number” of small businesses accessed external finance in 2020, study reveals

Posted on 15 Mar, 2021

A “record number” of small businesses accessed corporate finance in 2020, a major study has revealed.

Budget 2021: the key pension-related changes

Posted on 11 Mar, 2021

In the 2021 Budget, Chancellor Rishi Sunak announced that the state pension is rising by 2.5 per cent for the 2021-22 tax year, creating an increase of £228.80 for individuals.

Covid-19: Pavement licence scheme to be extended for further 12 months

Posted on 10 Mar, 2021

High street businesses will continue to benefit from temporary pavement licences for a further 12 months, it has been announced.

New £375 million finance scheme to support private investment in “high-growth innovative firms”

Posted on 8 Mar, 2021

A new £375 million finance scheme will support private investment in high-growth innovative firms, it has been announced.

Pensions: Arcadia Group had a deficit of £510 million after its collapse

Posted on 4 Mar, 2021

The parent company to Burtons, Dorothy Perkins, Miss Selfridge and Topshop, Arcadia Group Limited, acquired a pension debt of £510 million after its collapse in November 2020.

New laws may require mandatory independent scrutiny of pre-pack administration sales

Posted on 2 Mar, 2021

New laws will give the Government powers to independently scrutinise pre-pack administration sales before they can be approved, it has been revealed.

Year-End Tax Planning – Are you prepared for the tax year-end?

Posted on 25 Feb, 2021

The clock is ticking towards the end of the tax year on 5 April 2021 and it is important that you utilise all of the available tax reliefs and allowances before the new tax year in order to minimise your