As a Labour government takes office, we look at Labour’s stated intention to apply VAT to independent school fees. This initiative is part of their pledge to “recruit 6,500 new teachers in key subjects to prepare children for life, work and the future, paid for by ending tax breaks for independent schools.” They estimate the policy will raise around £1.6 billion, which is “urgently needed to improve the state school system” used by about 93% of students in the country.
Managing cash flow is crucial for the success and sustainability of any business, whether you’re a small start up or an established company. Proper cash flow management ensures that your business can cover its expenses, invest in growth opportunities and weather financial uncertainties. Here are some strategies to keep your business’ cash flow healthy all […]
Completing your tax return might not be the first thing that comes to mind when you think of summer. However, taking advantage of this period to get ahead on your tax return can offer numerous benefits. Here’s why summer is the perfect time to complete your tax return and how it can help streamline your financial management.
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Companies House has significantly increased fees for some services from 1 May. The changes affect filing of confirmation statements, new incorporations, change of name, and applications to strike off. This comes after other changes in March, where companies are now required to provide a contact email address on their confirmation statement.
The flexible AI upskilling fund pilot scheme is designed to support SMEs in the professional and business services sector by match funding AI skills training for their employees. The Department for Science, Innovation and Technology recently announced a £7.4 million pilot scheme, which aims to subsidise the cost of AI skills training for small and medium sized enterprises in the professional business services sector.
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