Staff shortages: increased wages to entice workers could mean higher prices for customers
Due to the ongoing staff shortages caused by the pandemic, UK restaurants have had to increase employee wages to entice chefs and waiters – which could mean higher prices for customers. Continue reading
Digital platforms to report sellers’ income from as early as 2023
Digital marketplaces will be required to report the income of sellers from as early as 2023, it has been announced.
Businesses urged to “get to grips” with new Patent Box regime as grandfathering rules come to an end
Businesses should “get to grips” with new Patent Box rules or risk missing out on corporate tax relief, a major regulator has warned.
Help to Grow: Digital is now open
Is your business in the digital or Information Technology industry? The Government’s Help to Grow: Digital is now open for applications!
Labour shortages could impact UK’s economic recovery, says experts
A recent report on the latest business trends suggests that despite the surge of hiring among UK firms in July, the lack of working employees could still threaten the UK’s economy recovery.Continue reading
Government launches £750 million Live Events Reinsurance Scheme in wake of coronavirus pandemic
A Government-backed insurance scheme will support the events and hospitality sector recover in the wake of the coronavirus pandemic, it has been revealed.
CHIEF service to close from March 2023, Government reveals
The Customs Handling of Import and Export Freight (CHIEF) system will be replaced by a single unified customs service from March 2023, it has been announced.
Management accounts give snapshot of business performance
There are important financial statements in every business including the profit and loss (or income) statement, the cash flow statement, and the balance sheet. Together, these documents provide important numbers and a snapshot of your finances.
Fewest number of workers on furlough since scheme launched last year
Less than two million employees now remain on furlough as record numbers return to the workplace, a major study has revealed.
The research, published by HM Treasury, comes as the Coronavirus Job Retention Scheme (CJRS) draws to a close this September.
Future Fund: Breakthrough scheme – everything your business needs to know
The Future Fund: Breakthrough scheme will help innovative technology companies grow and bring new products to market in the wake of the coronavirus pandemic, the Government has suggested.Continue reading
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