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Small businesses absorb National Living Wage shock

Commenting on the increase in the National Living Wage (NLW) to £7.50, Mike Cherry, national chairman at the Federation of Small Businesses (FSB), said: “The average FSB employer will pay an extra £2,600 this year as a direct result of Government decisions. This is due to the combined impact of today's

Thirty seven problems – and tax is one, says FSB

The Federation of Small Businesses (FSB) has released a list of 37 challenges facing the self-employed. These include no sick pay, no employer pension contributions, inferior maternity pay and pensions and putting their homes and family’s livelihoods on the line to build their businesses.   FSB regional chairman Gordon Millward said: “While setting

Thousands of Yorkshire companies face 31 March tax cut deadline

Thousands of limited companies can make employer pension contributions to reduce their corporation tax and National Insurance, said Richard Foreman, chartered financial planner at NFU Mutual, a specialist provider of insurance, pensions and investments. “More than half a million limited companies in the UK have an accountancy year end before 31

Deadline looming for HMRC property sales campaign

A Holmfirth based firm of accountants is urging people to be prepared for a review into residential property sales. V&A Bell Brown also warns that the process may be a “bureaucratic nightmare”, and that anyone involved should be prepared for the eventuality of tax miscalculations. The Property Sales Campaign (PRC) will

Chamber supports working families with new childcare scheme

Sheffield Chamber of Commerce is launching a new payment scheme which is designed to assist working families with the cost of childcare. The scheme is provided by Sheffield Information Link, a leading family organisation service with more than 25 years experience in offering expert advice and support. Childcare Payment Solutions, which launched