On Wednesday 3 March Rishi Sunak, Chancellor of the Exchequer, presented his ‘Budget for Recovery’ in the wake of the Covid-19 pandemic. But what does it mean for Peterborough businesses? Furlough Extended Businesses can continue to furlough staff, as the Coronavirus Job Retention Scheme has been extended to the end of September 2021. Both […]
If you work in building and construction, you need to be aware of the new VAT reverse charge starting in March 2021. What is the VAT reverse charge? Construction firms currently pay VAT directly to HMRC on any construction services or materials they’ve provided. But from March, VAT payment becomes the responsibility of the person […]
It’s traditional to set a few goals and resolutions for the year each January, even if they’ve often been forgotten within a few weeks. But if your goals are meaningful and achievable, they can make a lasting difference. Most of us would benefit from spending more carefully . Here are 7 easy ways to maange […]
If there’s anything we’ve learned this year, it’s that the world is an unpredictable place. And while no-one saw a global pandemic on this scale coming, there are some good learnings for businesses of all shapes and sizes. Something that’s become very clear is that a little forethought and planning can really pay – whether […]
As England entered a second lockdown on Thursday 5 2020, businesses and employees received an unexpected benefit from Chancellor Rishi Sunak. He announced a five-month extension of the furlough scheme to the end of March 2021. Employees unable to work during this time because their role is not required will receive 80% of their current […]
At the end of this month, the Coronavirus Job Retention Scheme (CJRS) will come to an end. This is the scheme that gave businesses funding to pay employees on furlough. From November, the new Job Support Scheme (JSS) will take over, running for 6 months until 30 April 2021. This new scheme is designed to […]
With new Coronavirus laws coming into force and ongoing economic uncertainty, many small businesses are urgently seeking a helping hand. Some positive news is that the government has launched some new initiatives that could provide much needed cash injections for smaller organisations. Could you benefit from one or more of these? Kickstart Scheme – work […]
When you’re running a business you can end up taking on many more roles than just CEO. You’ll find yourself acting as sales director, marketing manager, HR consultant and accountant – all at the same time. While this is all part and parcel of being your own boss, there are a few risks involved in […]
What the Chancellor’s July statement means for you On 8th July 2020 Rishi Sunak made a speech to Parliament that outlined a number of important measures to support businesses to recover from the Covid-19 pandemic – which he described as the ‘biggest threat to this country in decades.’ Here, we look at the main initiatives […]
If you work in the hospitality, retail or care industries and have struggled with staffing and retention due to having to pay staff a low minimum and living wage, this article is for you. The government aims to reverse this trend by increasing the National Living Wage by 6.2% for workers over the age of […]