Plastic packaging tax (PPT) update
PPT is due to come into effect from 1 April 2022 – are you ready? There have been some technical amendments (issued on 27 October 2021) to the Plastic Packaging […]
Insights
End of period for delayed customs declarations – full customs controls from 1 January 2022
Further to the below, HMRC have announced that the current customs arrangements for goods moving from Northern Ireland and the Republic of Ireland, to Great Britain, will be extended, for […]
Prepare To Take Advantage Of The New Freeports – 27th January
With plans in place for eight new freeports to be up and running in the UK by the end of the year, domestic businesses currently in the manufacturing, Retail and […]
National Minimum Wage Changes April 2022 – Don’t get caught out!
One of the biggest changes we will see in payroll for 2022/23 are the National Minimum Wage (NMW) increases. Chancellor Rishi Sunak said that the increase, “ensures we’re making work […]
Annual Investment Allowance Limit Extension
The Annual Investment Allowance (AIA) gives businesses the opportunity to claim 100% capital allowances in the year of expenditure on qualifying capital assets. £1 million annual investment allowance extended to […]
Autumn Budget 2021: Manufacturing wish list
Tax increases the Government may be devising in order to recover expenditure from dealing with the pandemic must be cautiously measured. This would aid in preventing further problems for manufacturers […]
How to take back control of your manufacturing business
There is no doubt that over the past 18 months, the COVID-19 pandemic and the Government’s restrictions and support packages have greatly impacted the manufacturing sector. The pandemic has brought […]
What will the NIC changes mean for SMEs?
The Government’s recent decision to increase national insurance contributions (known as NIC) by 1.25 per cent from April 2022 has come at a difficult time for SMEs, many of which […]
R&D Tax relief FAQS
What is R&D tax relief? A corporation tax relief introduced back in 2000 to incentivise innovative UK businesses to invest in R&D and create advances in science and technology. What […]
How can you take back control of your business?
With the whirlwind of the last 18 months still at the front of everybody’s mind, the Government’s ever changing COVID-19 support packages and restrictions have been a direct influencer for […]
Rebuilding and future-proofing a stronger business
As they progress along the road to recovery, owner managers have the perfect opportunity to future-proof operating models and strengthen their business’ performance. Conducting a viability test, rather than reverting […]
9 ways your finance function can steer your business on the road to recovery
Does business growth drive the evolution of its finance function, or vice-versa? The evolution of a finance function from a basic compliance tool to an analytical machine (shaping decision-making and strategy) is key in driving the development, strength and resilience of a business. Most organisations begin life with rudimentary finance processes and then build […]
Hybrid working – how will it change when restrictions ease?
With the easing of pandemic restriction in England set to lift on 19th July, employers need to look at working arrangements for their employees. So, how to decide where employees […]
Export growth opportunity for UK food producers, what’s the best strategy?
With a free trade agreement secured with Australia and the possibility of more unilateral trade agreements in the foreseeable future, UK-based manufacturers, including food and drink producers, are being encouraged […]