If there is a particular type of customer that is ideally placed to benefit from the goods or services you sell it makes sense to target any marketing activity in their direction, rather than adopting a scatter gun approach. Take a good look at your present customers and select those that buy from you on

The Annual Investment Allowance (AIA) is a generous tax relief that was first introduced in 2008. The AIA allows for the total amount of qualifying expenditure on plant and machinery to be deducted from your profits before tax. The AIA can be claimed by an individual, partnership or company carrying on a trade, profession or

The government has announced that financial penalties are to be tripled for employers who employ illegal workers. Under the Immigration, Asylum and Nationality Act 2006, it’s a civil offence for an employer to employ a worker in the UK who is subject to immigration control if they have not been granted leave to enter or

A new law allowing shipping containers to be traded using digital documents, not paper ones, has been created after the Electronic Trade Documents Act received Royal Assent on 20 September 2023. The simple yet impactful change is estimated to add over £1 billion to the British economy over the next decade by making trade more straightforward, efficient and

The government has issued a new Statement of Changes (HC 1496) to the Immigration Rules, which makes some important changes. In particular, the Statement of Changes: confirms that, from September 2023, EU, EEA and Swiss nationals with pre-settled status under the EU Settlement Scheme (EUSS) will automatically have their leave extended by two years before

The Corporation Tax main rate for companies with profits in excess of £250,000 increased to 25% from 1 April 2023. A Small Profits Rate (SPR) of 19% was also introduced from the same date for companies with profits of up to £50,000 ensuring these companies continue to pay Corporation Tax at the same rate as

ACAS has launched a consultation on an updated draft version of its statutory Code of Practice on handling requests for flexible working. The updated draft Acas Code of Practice reflects the anticipated changes to flexible working laws proposed to be implemented by the Employment Relations (Flexible Working) Bill, and the significant shift in flexible working

As part of the Spring Budget 2023 measures, the government announced it would launch a call for evidence on the non-discretionary tax advantaged share schemes Save As You Earn (SAYE) and the Share Incentive Plan (SIP). This call for evidence has now been launched and is open for comment until 25 August 2023. The government will

Business owners are not exempt from the effects of inflation, but unlike waged individuals, they may have more options to increase cash flow. Here’s a few ideas you may like to consider: If you have slow-moving or dormant stock sitting on your storage racks, consider a sale. Anything you can convert into cash will have

At present, retailers only provide information on prices at the petrol stations themselves. This makes it hard for drivers to compare prices and weakens competition. The fuel finder open data scheme would need statutory backing through legislation to ensure fuel retailers provide up-to-date pricing and make that available to drivers in an open and accessible