New law to resolve Covid rent debt

The Government has set up an arbitration system to help resolve outstanding commercial rent debt. This is following the general moratorium on commercial eviction ending. From 25 March, a legally binding arbitration process is available. This is in place for eligible landlords and tenants who have not yet reached an agreement. The Government hopes this[…]

Employee benefits: A new approach.

The reality for most business owners is that you’ll be looking to invest smartly, rather than extravagantly. That’s where employee benefits come in. They allow you to stand out as an employer, without simply throwing money into ever-higher salaries. Like most business owners, you have probably experienced the squeeze in recruitment and retention that has[…]

Apprenticeship boosts if NICs are scrapped.

There is a call for the Treasury to reconsider the National Insurance contribution (NIC) increase. There was supposed to be a change in this area from next month. However, it is believed it may negatively impact apprenticeship programmes. The NIC rates will increase by 1.25% from April 2022. This is to help pay for the upcoming health-and-social-care[…]

How to value your business in 2022

The last year has been challenging for all of us. Especially for business owners who’ve had to claim emergency support and battled hard to stay afloat. Having survived those choppy waters, maybe it’s time to value your business. It might be difficult to say what that value is from within your business. You’ve put hours of[…]

How to extract profits out of companies

Believe it or not, there are more than 4.7 million limited companies registered in the UK. This includes the 810,316 incorporations that signed up in 2020/21.  Only around 2m are actively trading. But, the number of new companies formed during the previous tax year was a 22% year-on-year increase.  Unsurprisingly, that percentage represented the highest[…]