Blog
Fuel pump crisis and the looming “challenging” winter
With panic buying at the pumps, the shortage of HGV drivers, and a looming winter energy crisis many of us are running our businesses in an ever increasing level of uncertainty.
House price review – Office for National Statistics (ONS) latest survey released
The ONS have released their latest analysis identifying the types of areas that are seeing the fastest house price growth. This analysis also looks at growth during the coronavirus pandemic, and who could be at risk of being priced out.
Poor Exit Planning Putting Welsh SME Businesses at Risk
Small business owners in Wales are putting their retirement pot at risk according to a leading insolvency expert. Alun Evans, Partner at Bevan Buckland LLP in Haverfordwest warns that business owners are gambling with the health of their firm, by making poor arrangements for the smooth sale of their business
Business and industry challenges in filling job vacancies
The government has published an analysis of UK businesses’ ability to fill job vacancies across different industries. Along with this, it provides a list of reasons for any recruitment challenges. The data covers Summer 2021, primarily after COVID-19 restrictions were eased.
Key agricultural schemes extended
Rural Affairs Minister Lesley Griffiths has announced the Glastir Advanced, Commons and Organic contracts are being extended until December 2023.
Government Postpone Making Tax Digital for Income Tax to 2024/25
Having listened to stakeholder feedback from businesses and the accounting profession, the government have announced that they are postponing Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) a year later than planned. Now, the government is introducing Making Tax Digital in the tax year beginning in April 2024.
End of temporary insolvency measures
The temporary insolvency restrictions protections for commercial tenants are lifting as new measures are introduced. The Insolvency Service is announcing that they are phasing out temporary measures brought in during the pandemic from 1 October.
Creative Wales Development Fund
The Creative Wales Development Fund includes two strands focusing on supporting projects within the TV and digital content sectors. This includes funding for games, animation, Createch and creative services too. This Fund is also aiming towards Wales based businesses that develop content, products and services in the Creative Industries. However, this Fund does not intend to support projects in the wider tech sector.
VAT rate reduction for hospitality, holiday accommodation and attractions
The reduced VAT rate of 5% has been extended until 30 September 2021. Following this, an interim...
Inflation – What You Need to know
Inflation is likely to be at the top of many businesses list of concerns, and if it isn’t it probably should be.
Audience of the Future funding for early-stage projects
Apply for a share of up to £800,000 for early-stage, human-centred design projects in creative experiences. Innovate UK, as part of UK Research and Innovation, will invest up to £800,000 to fund early-stage, human-centred design projects through the Audience of the Future Challenge Fund.
Gender Pay Gap – Reporting deadline for larger employers approaching
The Equality and Human Rights Commission is also providing a guide on doing an equal pay audit for larger organisations. The guide provides a step-by-step approach and useful templates to do an equal pay audit as well. Furthermore, it is designed to make it easy for larger businesses to examine their pay systems and decrease the risk of an equal pay claim.
