Election infographic: What the election means for business owners

With just a week until the general election, which key points in the parties’ manifestos should business owners and the self-employed be aware of? Green & Co partner, Ed Gooderham, has examined the manifestos for the Conservatives, Labour and the Liberal Democrats, and extracted the key points for business owners and the self-employed.   Conservative … Continue reading Election infographic: What the election means for business owners

Investment Association Calls for ‘Greater Transparency’ on Dividends

The Investment Association (IA) is urging listed companies to 'improve the transparency of their approach to paying dividends'. According to the IA, companies not seeking a shareholder vote on dividend payments 'risk depriving shareholders of the opportunity to have a say on a matter that is pivotal to the organisation's attractiveness to investors'. The IA … Continue reading Investment Association Calls for ‘Greater Transparency’ on Dividends

HMRC Introduces New System to Tackle Scam Phone Calls

HMRC has introduced a new system designed to prevent criminals from spoofing government helpline phone numbers. According to HMRC, criminals often use 'official' helpline numbers to convince taxpayers to part with large sums of money. In 2018, HMRC received 104,774 reports of so-called 'phone scams' – a significant rise when compared to 2017's figure of … Continue reading HMRC Introduces New System to Tackle Scam Phone Calls

Expanding Your Business: Are You Ready?

From adapting to suit your clients’ needs, to branching out into new markets, there are many reasons for growing your business. Here, we outline some areas to consider before deciding to expand. Making an informed decision Carrying out thorough research is crucial in helping you to make an informed decision. Conduct market research to establish … Continue reading Expanding Your Business: Are You Ready?

Creating a Business Continuity Plan

A recent report by the Federation of Small Businesses (FSB) has revealed that many business owners in the UK are not sufficiently prepared to handle unexpected disruption to their business. A business continuity plan can help to safeguard your business against both internal and external disasters. By considering the points below, you can help to … Continue reading Creating a Business Continuity Plan

Spotlight on Charities

Although charity law varies across the UK, charity governance is very much in the spotlight. In a recent report, the Charity Commission for England and Wales (CCEW) suggested that nearly 40% of small charities were submitting inaccurate financial information. Small charities are defined as those with annual income below £25,000, and this category makes up … Continue reading Spotlight on Charities

Government Launches Consultation on ‘Plastic Packaging Tax’

The government has launched a consultation, outlining its proposal to introduce a tax on plastic packaging with less than 30% recycled content. The 'plastic packaging tax' was announced in the 2018 Autumn Budget and is set to be introduced in 2022. The tax will be UK-wide, and the government has stated that it is 'committed … Continue reading Government Launches Consultation on ‘Plastic Packaging Tax’

Chancellor Brings Forward Apprenticeships Reforms in Spring Statement

Chancellor Philip Hammond delivered the 2019 Spring Statement on Wednesday 13 March and brought forward the £700 million reforms for business apprenticeships previously announced in the 2018 Autumn Budget. Mr Hammond also announced that the halving of the Apprenticeship Levy co-investment rate from 10% to 5% takes effect from April 2019. The increase (from 10% … Continue reading Chancellor Brings Forward Apprenticeships Reforms in Spring Statement

Authorised Economic Operator Status

Any company involved in an international supply chain carrying out Customs related activities in the EU should consider applying for Authorised Economic Operator Status. A business which has achieved Authorised Economic Operator Status (AEO) has shown itself to be a trustworthy trader, and this internationally recognised quality mark is being highlighted by the UK Government … Continue reading Authorised Economic Operator Status

UK SMEs ‘Unmindful of Risks Posed by Cyber-Attacks’, Poll Suggests

A poll commissioned by insurance firm Aon recently suggested that UK small and medium-sized enterprises (SMEs) are 'unmindful of the risks' that cyber-attacks and data breaches pose to their business. The poll found that eight out of ten small firms don't regard cyber-attacks or data breaches to be significant risks to their business. A survey … Continue reading UK SMEs ‘Unmindful of Risks Posed by Cyber-Attacks’, Poll Suggests