Profit improvement: steps to consider for your business
As this year closes and we begin into a new start, it is a better time than ever to look over your business operations and analyse how you can improve profitability.
One month countdown to full customs controls: is your business ready?
There is less than one month to go until full customs controls are introduced, traders have been warned.
From 01 January 2022, businesses will no longer be able to delay making import customs declarations under the Staged Customs Controls rules that have applied since the beginning of this year.
The changes follow the end of the Brexit transition period, paving the way for the UK to introduce its own rules and regulations.
Here’s a full list of the changes you need to know about:
Customs declarations Read More
Making Tax Digital – what you need to know ahead of 2022-23
On 1 April 2019, HM Revenue and Customs (HMRC) introduced its new digital tax initiative – Making Tax Digital (MTD) – and its first phase, MTD for VAT.
The purpose of MTD is for self-employed individuals and small businesses to complete their tax returns and records digitally, intending to make it easier to keep on top of their tax affairs accurately. With this in motion, HMRC hopes to go paperless altogether.
Be aware of tax liabilities if you are using cryptocurrencies
To many, cryptoassets, which includes cryptocurrencies, are an enigma shrouded in mystery. Whether we are talking about Bitcoin, Dogecoin, Litecoin, blockchain or mining, most people will not have a clue.
Government knocks down hundreds of international trade barriers to unlock new export opportunities
The Government has dismantled 20 per cent more “barriers to international trade” in the last 12 months compared to previous years, a major study has revealed.
Hospitality bosses develop new strategies to cope with staff shortages
Hospitality business owners have responded positively to the staff shortages caused by the pandemic, by increasing wages and implementing improved staff retention strategies. Read More
If your holiday got cancelled last year, then read on…
Were you one of many UK holiday-goers whose trip got cancelled due to the pandemic?
Deadline to claim apprenticeship incentive payment just “weeks away”
The deadline to apply for the apprenticeship incentive payment is just weeks away, employers have been warned.
Businesses who hired an apprentice with an employment start date from 01 April to 30 September need to apply by 30 November 2021.
100,000 young people join Kickstart scheme as vacancies hit a new record
As the job vacancies in the UK hit another record and unemployment falls again, many young people have taken their first steps on the employment ladder.
More than 100,000 young people have so far started new roles under the Government’s £2bn Kickstart jobs scheme, latest figures show.
It comes as new figures from the Office for National Statistic (ONS) show that the end of the furlough scheme in September does not appear to have led to a rise in unemployment, while the number of workers on payrolls jumped by 160,000 in October. Job vacancies also hit a new high of 1.17 million.
How does the programme work? Read More
How can Britain double its exports?
Yesterday, at the Global Investment Summit 2021, ministers vowed that Britain can double its exports to show off the best of its business with a new ‘ground-breaking’ plan of action.
