April 2018

The rags to riches story of the YO! Sushi founder

Much like The Business Show itself, many of the speakers who appear at this biannual event have started from the most humble of beginnings.  And similar to the journey that’s seen The Business Show become the largest exhibition of its kind in Europe, these speakers all have incredible tales of battling against the odds to establish some of the world’s

Read more

Read more

The Pensions Regulator: Important update about the Government Gateway

The Pensions Regulator (TPR) is no longer using Government Gateway as the authentication process for the Declaration of Compliance portal. Instead, employers and advisers will log in to the portal via TPR’s own system. To ensure that the changes are user friendly, a series of testing and research has been conducted over the past year. The key changes to note

Read more

Read more

HMRC Talking Points sessions – April and May 2018

HMRC’s regular Talking Points meetings provide ongoing information, guidance and tips, helping you to understand tax issues. Please find further details of future scheduled online meetings below: The role of HMRC as a creditor in voluntary arrangements: This webinar will provide a brief introduction to voluntary arrangements, both corporate and individual and HMRC’s policy as a creditor, to either support or reject proposals

Read more

Read more

HMRC Agent Update – Issue 65

HMRC Agent Update 65 is now available and contains a variety of articles and updates. You can read about the Fulfilment House Due Diligence Scheme (FHDDS). Did you know the deadline for applications from existing fulfilment businesses falling within the scope of the FHDDS is 30 June 2018? HMRC has also included information about transferring apprenticeship service funds to another

Read more

Read more

Students hit by rise in loan interest rate

Student discontent could be on the rise after the government waved through a rise in their loan rate from September to 6.3%. The retail price index (RPI) stood at 3.3% in March (it was 3.1% in March 2017), and the loan rate is calculated as RPI plus 3%. Concern over what the students have called ‘eye-watering’ borrowing rates had led

Read more

Read more

OTS wants action on ‘patchwork’ of business tax reliefs

The Office of Tax Simplification (OTS) is calling for an urgent overhaul of what it calls ‘the complex patchwork’ of tax charges and reliefs that apply at various points in the business lifecycle to reduce complexity, make reliefs more accessible and to encourage UK businesses to fulfil their potential. The OTS has published a report looking at the impact of

Read more

Read more

HMRC in pensions website advice blunder

HMRC has been forced to temporarily remove an online calculator that gave incorrect information about annual pension allowances, following complaints from Royal London. The insurer spotted the errors on 16 April and alerted HMRC that its official webpage was giving misleading details about pension contributions for higher earners. Under current rules, for most taxpayers pension contributions of up to £40,000

Read more

Read more

Fall in number of apprenticeships

A year on from the introduction of the apprenticeship levy the latest figures show that there has been a 31% decline in the take-up of apprenticeships. In the six months to January 2018, 206,100 people started training schemes, compared with 269,600 in the same period the previous year.

Read more

IMPORTANT INFORMATION: Final withdrawal of QCF assessment

It has been well publicised that Ofqual’s Qualifications Credit Framework QCF has now ended (Sept 2015) with last registrations in December 2017. The Regulated Qualifications Framework (RQF) has been up and running since 2015 and our replacement RQF qualifications are now quite well established with positive feedback. We would like to give learners on the legacy QCF qualifications as much

Read more

Read more