OFF PAYROLL WORKING CONTINUES

 The 23 September Fiscal Statement included the unexpected news that the “off-payroll working” (OPW) rules would be scrapped from 6 April 2023. These rules were introduced for public sector employers from 6 April 2017 and then extended to large and medium-sized private-sector organisations from 6 April 2021. It has since been announced that the OPW rules […]

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START UP LOANS EXPANDED

The UK Government has announced an enhancement to the eligibility criteria of the Start Up Loans initiative. The £884 million scheme, delivered by the British Business Bank, is designed to help innovative new businesses launch across the UK. It now includes start-ups that have been trading for up to three years and second loans are […]

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BACK TO SCHOOL – CHILDCARE VOUCHERS OR TAX-FREE CHILDCARE ACCOUNT?

There continues to be poor take-up of the Government’s Tax-Free Childcare Accounts which provide a 25% subsidy towards the cost of childcare. The system operates by topping up savings of up to £8,000 per child by 25%, potentially an extra £2,000 from the Government to spend on qualifying childcare. The scheme applies to children under […]

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HELP TO GROW : DIGITAL SCHEME EXPANDED

The government scheme that cuts the price of leading software, boosting productivity and growth of UK small businesses, will now benefit even more firms. The Digital Scheme eligibility has been expanded to businesses with at least one employee, meaning up to 1.2 million businesses could benefit. This means businesses can now access a £5,000 discount […]

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