Latest News

PM urges small firms to make most of support
Posted: February 12, 2014

Prime Minister David Cameron has urged the UK’s 4.9 million small businesses to take advantage of measures that could save them up to £10,000 each a year. Speaking at a Federation of Small Businesses event on 27 January, Mr Cameron highlighted government support including: a £1.1 billion package of business rates measures, with extra relief _ Read more



Farmers with overdue TB tests face CAP payment cut
Posted: January 23, 2014

Defra is warning that from this month (January), any farm with an overdue bovine TB test will face a reduction of the Common Agricultural Policy (CAP) payments they received from the Rural Payments Agency. Defra says the size of the penalty will depend on the severity of each case with most penalties up to 5% _ Read more



Accountants ‘vital’ to help SMEs grow
Posted: January 23, 2014

A leading accountancy body has highlighted the ‘vital’ role accountants can play in the different stages of development of small and medium-sized enterprises. A report by the Association of Chartered Certified Accountants (ACCA) says that small businesses with well-developed finance teams achieve faster, more sustainable growth for longer and are better able to attract finance _ Read more



SMEs get Autumn Statement support
Posted: January 23, 2014

Small and medium-sized enterprises (SMEs) featured heavily in Chancellor George Osborne’s Autumn Statement on December 5, with the announcement of support measures including help with business rates. Subsequent to the statement, the £1 billion government-funded Start Up Loans scheme has received a further £250 million in funding in a bid to help SMEs benefit from _ Read more



‘Sensitive’ business names list reduced
Posted: January 23, 2014

A list of sensitive names that required approval before a new business could be registered has been cut by a third. The Department for Business, Innovation & Skills said businesses that want to use words such as ‘Authority’, ‘Board’, ‘European’, ‘Group’, ‘International’ and ‘National’ will no longer have to gain prior approval from Companies House.  _ Read more



New electronic ‘nudge’ on PAYE
Posted: January 23, 2014

A new electronic reminder designed to help employers stay up-to-date with their Pay As You Earn (PAYE) payments has been introduced by HM Revenue & Customs (HMRC). HMRC said the message would tell the employer that they appeared not to have made full payment of their PAYE on time and remind them that they must _ Read more



Self Assessment set for paperless future
Posted: January 23, 2014

HM Revenue & Customs (HMRC) is considering responses to a consultation on plans for upgrading its Self Assessment (SA) Online service to provide what it calls “a complete end-to-end digital experience for customers”. The consultation, which ran from 27 November to 27 December, formed part of plans to reduce the level of paper communication received _ Read more



Workplace injury reporting made simpler
Posted: January 23, 2014

The Health and Safety Executive (HSE) has put in place changes designed to make the mandatory reporting of workplace injuries simpler for businesses. The changes to the Reporting of Injuries, Diseases and Dangerous Occurrences Regulations (RIDDOR) 1995, which took effect from 1 October, are intended to clarify reporting requirements while still ensuring that data collected _ Read more



Smailes Goldie partner to speak at agricultural seminar
Posted: November 27, 2013

A partner at Hull-based chartered specialist agricultural accountancy firm Smailes Goldie Turner has been announced as one of the guest speakers at a free seminar. Martin Overfield will be speaking at the event, Farming: What’s in it for the Next Generation?, which takes place at FERA, in Sand Hutton, York, on Wednesday, 27 November. Running _ Read more



Government signs multi-million pound Russian beef and lamb trade deal
Posted: October 30, 2013

UK Environment Secretary Owen Paterson has travelled to Russia to sign a beef and lamb trade deal expected to be worth up to £100 million over three years. The trade deal marks a turning point in British meat exports to Russia, which had banned British beef and lamb following the BSE crisis in the 1990s. _ Read more