News

Start-ups made easier as restrictive names list is reduced
08 January 2014

A third of a list of ‘sensitive’ start-up business names that otherwise would have been subject to approval before official registration has been cut by the Department for Business, Innovation and Skills (BIS).
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Electronic prompt issued from HMRC to help employers with PAYE
08 January 2014

A friendly online reminder designed to help employers keep up to date with their Pay-As-You-Earn (PAYE) has been introduced by HM Revenue & Customs (HMRC). The electronic message informs the employer that they have not sent one or more of the Full Payment Submissions (FPS) that were expected for the last month. Acting as a prompt, it plainly states that an FPS is due each time their employees are paid.
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Self-assessment faces paperless future
08 January 2014

Self-Assessment (SA) is set to be transferred completely online in a bid to make the process easier for the individual, HM Revenue & Customs (HMRC) has announced.
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How accountants can set start-ups off on the right foot
08 January 2014

According to research carried out by the ACCA (Association of Chartered Certified Accountants), the majority of start-up SMEs (small to medium-sized enterprises) do not seek professional financial advice in favour of cutting costs and doing it themselves. However, in the midst of a turbulent economy, accountants can be the nurturers start-ups need to grow.
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Over 2 million people say “I’m in” to automatic enrolment!
08 January 2014

The automatic enrolment scheme, devised to ensure people have a better chance at a comfortable retirement by saving into a workplace pension has seen great success, as the Pensions Regulator announce over two million people have opted in to automatic enrolment.
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10,000 and counting: New entrepreneurs receive the ‘get up and go’ from Start Up Loans
11 December 2013

Since its launch earlier this year, the new-business aid scheme, Start Up Loans has recently celebrated the transaction of its 10,000th loan, which was awarded to Cornish entrepreneur, Allen Martin to help him initiate his new business providing online help for landlords.
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Why is it harder for women to save for a pension than men?
11 December 2013

‘Research suggests that only 50 per cent of women in their 30s work full-time, compared with 81 per cent of men of the same age.’
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A call to all businesses: respond to EFRBS opportunity
11 December 2013

Employers associated with Employer Financed Retirement Benefit Schemes (EFRBS) will be receiving letters from HM Revenue & Customs (HMRC) regarding an opportunity to reconcile any outstanding liabilities they may hold ascertaining to the scheme.
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VAT rule changes to broadcasting, telecommunications and e-services from 1 January 2015
11 December 2013

Effective from 1 January 2015, alterations to the European Union (EU) VAT place of supply will affect businesses who provide broadcasting, telecommunications and e-services to consumers, as they will be required to keep records about the variety of electronic services they supply, to whom they supply them to and to where they are supplied.
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