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Autumn Statement set for 22 November

The Chancellor has confirmed that the Autumn Statement is scheduled for 22 November 2023

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One-stop-shop to help businesses save money and go green

British businesses will be able to access advice and support to reduce their energy bills while cutting their carbon emissions.

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Companies urged to file accounts early to avoid penalties

If you’re due to file accounts with Companies House (CH) by the end of September, allow plenty of time before your deadline. All limited companies, whether they trade or not, must deliver annual accounts to CH each year. This includes dormant companies.

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The importance of a shareholders agreement

For limited companies, when it comes to making decisions, Company Law states shareholders who own more than 50% can pass a motion at a company meeting regardless of the views of other shareholders

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HMRC advisory fuel rates for company car users from 1 September 2023

HMRC has published the latest advisory fuel rates (AFR) for company car users, effective from 1 September 2023, increasing the rate for electric cars

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Dealing with inflation

With continuing inflation in the UK, many of us and our businesses have been put “off track” in the short to medium term.

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DVLA launches new online account for motorists

Motorists can opt for digital vehicle tax reminders rather than having to wait for a paper reminder to drop through their letter box.

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£40 million fund launched for 5G across the UK

The UK government has launched a £40 million fund to spark local digital revolutions and unlock 5G benefits across the UK.

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Tax on savers set to rocket as 2.7m exposed

Rising interest rates and frozen tax thresholds will push over one million taxpayers into paying tax on their savings this tax year

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UK rental market shrinks by 400,000 homes

The UK private rental sector has lost approximately 400,000 rental homes since 2016, as landlords face increasing costs and higher mortgage rates

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New North Sea oil and gas licences

Hundreds of new oil and gas licences will be granted in a controversial decision by the UK government.

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South Yorkshire secures £80m for investment zone

Sheffield, Rotherham, Doncaster and Barnsley are set to benefit from thousands of new jobs and £1.2bn of investment as Boeing signs up to investment zone

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HMRC late payment interest rate hits 7.75%

HMRC has revised interest rates with late payment bills charged 7.75% from 22 August, the highest rate since 2001

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Find a Grant Service now available

The Find a Grant service offers a free central place on GOV.UK for business, individuals, and organisations to find and apply for UK government grants

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Wine prices up 50p after alcohol tax hike

Drinkers will face significant price increases under new tax rules as the duty on a bottle of wine rises up to 20% although a pint of beer will cost 11p less in the pub

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Government clamps down on unfair bank account closures

Banks will be forced to explain and delay any decision to close an account under new rules, protecting freedom of expression.

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HMRC Annual Report shows important trends for business owners

HMRC’s annual report was published last week, and it shows that they failed to meet many of their key customer services measures in 2022-23.

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Postage Stamps – use them by 31 July!

The Royal Mail have added barcodes to their regular stamps. After 31 July 2023, regular stamps without a barcode will no longer be valid.

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New Director Information Hub launched

The Insolvency Service has launched a new online information hub to support company directors.

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Why Customer Service Matters

According to the Institute of Customer Service’s (ICS) most recent UK Customer Satisfaction Index more companies have declined in service than improved.

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