Spring Statement 2022: How will it impact businesses and households?
Amid the huge economic implications of the war in Ukraine and with inflation at its highest in three decades, Chancellor Rishi Sunak's Spring Statement included a number of new measures designed to support homes and businesses. Find out what’s new:
23 Mar 2022
The National Minimum Wage is increasing from April 1st
The National Minimum and the National Living Wage increase on April 1st 2022. It's a statutory legal requirement to raise pay rates, and if you're an employer, you need to be aware of the rise and the bands relating to age and employee status. <br><br> There are two important dates employers need to be aware of in April relating to pay. On April 1st, the national minimum wage rises in the UK, and on April 11th, statutory rate payments will also increase.
18 Mar 2022
The New Normal: The End of Covid-19 Restrictions
Prime Minister Boris Johnson’s speech Monday outlined the U.K. government’s new long-term COVID-19 plan, with today marking the first step towards ‘living with covid’ as all remaining self-isolation requirements are lifted today.
24 Feb 2022
Ideas to cope with rising inflation as a business
Inflation in the UK is running at a multi-decade high of 5.5%, placing considerable pressure on businesses, snaring them in a vicious cycle of rising prices to cover the increase of input prices. If clients can’t afford your costs, they might put off a purchase, spend less, or visit your business less.
25 Feb 2022
How can UK businesses mitigate rising inflation?
The Consumer Prices Index (CPI) tracks inflation – i.e. how much prices rise over time – on everyday products. In December 2021, the headline rate of inflation in the UK rose to 5.1%: the highest rate in a decade. What does this mean for businesses?
12 Jan 2022
5 financial business resolutions for 2022
As we approach 2022, it's worth reflecting on the highs and lows of 2021 so we can begin making plans to start the New Year with our best foot forward. It’s been a long year, so to make the planning process a little easier we've put together a list of financial resolutions to consider for 2022.
21 Dec 2020
How can UK SMEs plan and prepare for growth in 2022?
After what can only be described as a whirlwind of a year, we’re finally waving farewell to 2021. If you’re lucky enough to be able to snatch a bit of downtime before the year’s out, why not spend some time planning and preparing for 2022? After all, as the famous racer Bobby Unser once said, “success is where preparation and opportunity meet.”
8 Dec 2021
Automate compliance so you can focus on profitable advisory work
How does your accountancy firm differentiate itself from the competition? Most firms agree that accounting services fall into three main levels: compliance, performance and advisory.
22 Nov 2021
Autumn Budget 2021: What it means for SMEs
On 27 October 2021, Chancellor Rishi Sunak revealed the contents of his budget in the House of Commons, laying out the Government’s tax and spending strategy for the year ahead. So, what can SMEs expect in the coming months?
27 Oct 2021
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