In Chancellor Rachel Reeves’ 2024 Autumn Budget, she announced over £40 billion of tax increases, as the Government attempts to fill a £22 billion gap in public finances. The headline measure was a rise in employer National Insurance Contributions (NICs), … Continue reading
Category Archives: Latest News
Bad debts on the rise – Time to crack down
As we approach the end of the year, one trend has become increasingly concerning for UK businesses – debts are on the rise. According to a recent report, small to medium-sized enterprises (SMEs) have seen the value of bad debt … Continue reading
The value of technology – Why you should not rule out investment
Recent research by Three Business indicates that tech-enabled SMEs could add an impressive £79 billion to the UK economy over the next year. Technology is clearly a key driver and enabler of growth for businesses. Despite this, their research also … Continue reading
Autumn Budget delivers Inheritance Tax blow to pension savers
In this year’s Autumn Budget, Chancellor Rachel Reeves announced that the majority of unspent pension funds will form part of an estate from April 2027 This move is expected to affect around eight per cent of estates each year. In … Continue reading
Businesses left to pick up the tab for Employment Rights Bill
The Government estimates that new obligations placed on employers under the Employment Rights Bill could result in substantial compliance costs – totalling around £5 billion. The Bill will introduce a ban on many zero-hour contracts and extend day one employment … Continue reading