Monthly Archives: June 2023

The Education Secretary has claimed businesses are ‘driving with the handbrake on’ without the right skills. Gillian Keegan, who was speaking last week at the Government’s Business Connect Skills for Growth conference, said: “I know from my years in business that organisations drive innovation and create opportunities, but without skilled workers, it often feels like…

More than 200 companies – including several household names – have been named and shamed for failing to pay minimum wage to members of staff. The 202 employers left around 63,000 workers out of pocket to the tune of almost £5 million in a breach of National Minimum Wage law. Companies being named range from…

AI – or to give it its full name, artificial intelligence – has been hitting the headlines in recent months, arousing concerns that bots are going to make humans redundant. Fear of the unknown is a big factor as we continue to learn about all the skills that can be taught to these mysterious non-beings.…

As the world becomes increasingly interconnected, businesses are embracing the benefits of hiring talent from overseas. However, if you are considering appointing someone from another country, there are additional considerations and requirements, including ensuring the necessary documentation is in place. The immigration system has specific rules and regulations for employing individuals from abroad. You need…

Schemes offering people shares in their employer are set for a shake-up as the Government explores changes to help boost business growth. The Government wants to hear views on Save As You Earn (SAYE) and the Share Incentive Plan (SIP), as it seeks to improve the schemes and expand their use by making it easier…

HMRC has issued an alert to tax credit customers to be on their guard against new tactics being used by unscrupulous fraudsters. The warning contains details of a number of new scams reported that aim to trick people into handing over money or personal information. Criminals use deadlines – like the tax credits renewal deadline…

Households using prepayment meters have been urged to claim bills support vouchers by the end of the month to avoid missing out. Electricity suppliers, charities and consumer groups are joining forces with a call to arms to make sure households with traditional prepayment meters avoid missing out on £400 worth of help with their bills.…

Low-income families will have more money in their pockets from the end of the month as part of the biggest ever expansion of childcare provision. The maximum Universal Credit childcare payments will rise almost 50 per cent from June 28, going up to £1,630 a month. The Government’s plans to increase childcare provision will allow…

1 June 2023 - Due date for corporation tax due for the year ended 31 August 2022. 19 June 2023 - PAYE and NIC deductions due for month ended 5 June 2023. (If you pay your tax electronically the due date is 22 June 2023). 19 June 2023 - Filing deadline for the CIS300 monthly…

The transfer of a business as a going concern (TOGC) rules concern the VAT liability on the sale of a business. Normally the sale of the assets of a VAT registered or VAT registerable business will be subject to VAT at the appropriate rate. Where the sale of a business includes assets and meets certain…