Latest News

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

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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.

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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

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Europe’s Largest Business Networking Event – The Business Show

On the 16th & 17th of May, UK’s most ambitious SME owners, startup owners, creative leaders and decision makers will take part in what is being Europe’s largest business event. The most influential minds in the UK’s entrepreneurial world such as founder of YO! Sushi Simon Woodroffe, UK’s Leading Figure in Influencer Marketing Ben Jeffries, UK’S TOP 20 Entrepreneurs in

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You are being stalked!

Do you feel like you are being stalked? Well, that could be the case, as a third of recruiters say they regularly use social media to ‘research’ potential candidates. Despite this fact, the same poll found one in four finance professionals don’t set their social media profiles to private. CV-Library’s study looked into both the attitudes towards social media and

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PSCs: who are they, and what do they do?

What is a person with significant control (PSC) and what is their role? Here’s what Companies House has to say… A person with significant control (PSC) is someone who owns or controls a company. They are sometimes called ‘beneficial owners’. Every company must identify their PSC and tell Companies House who they are. A company can, of course, have more

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HMRC helping individuals to disclose undeclared tax

HMRC has updated its disclosure service calculators used to work out the tax, interest and penalties owed on outstanding tax to include the 2016/2017 tax year. Trustees and tax advisers can use HMRC’s calculators to help work out the tax, interest and penalties owed on straightforward tax affairs. The disclosure service is for those who have not declared all income

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SMEs with a social media strategy find it works for them

Most of the UK’s small and medium-sized enterprises are not using social media to drive sales, despite some using it successfully, new research from Close Brothers Asset Finance reveals. The latest quarterly Close Brothers Asset Finance Business Barometer (965 respondents) shows that only 32% of SMEs in the UK have a social media strategy in place, and this is not

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UK’s ‘first ever’ successful prosecution for false company information

Company director Kevin Brewer has a dubious claim to fame. He is thought to be the first person to be successfully prosecuted for falsifying company information under laws that came into effect in 2009. First, he set up a company making Liberal Democrat leader Vincent Cable a director and shareholder, without the politician’s knowledge. He then formed another company, Cleverly

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