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Make Work Pay: What are the next steps

Since coming into power, the Labour government has made its Make Work Pay plan a centrepiece of their policies. As a result, we have already seen a number of changes being proposed and implemented.

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Agricultural and business property relief: What happened in the Budget?

Changes to inheritance tax were announced in the Budget that have caused consternation to farmers and business owners across the UK.

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Funding granted to small businesses on rural transport projects

The UK government has awarded £1.2 million in funding to small businesses for projects to boost transport links in rural areas.

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Base rate drops to 4.75%

As had been widely expected, the Bank of England reduced the interest base rate to 4.75% last week.

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National Minimum Wage increases for April 2025

The government has announced the new National Minimum Wage (NMW) rates that will apply from 1 April 2025.

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Why staying up-to-date with your accounts is essential

In a recent court case, a company director from Bury was sentenced to prison for failing to comply with basic accounting and legal responsibilities.

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Businesses count the cost of increases to Employers National Insurance

From 1 April 2025, the rate for Employers National Insurance (NI) will increase from 13.8% to 15%.

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Employment Rights Bill progresses and consultations are launched

Following the release of the Employment Rights Bill, its Impact Assessment was published last week showing that the new Bill will have a “positive direct impact on economic growth.”

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Having trouble with your banking?

A strong relationship with your bank is a crucial part of the success and stability of your business.

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What will the Budget bring?

With the Budget coming on 30th October, speculation is increasing on what changes will be announced.

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New government grants to boost research on AI risks

Researchers in the UK are being offered new funding opportunities to explore ways of making society more resilient to the risks posed by Artificial Intelligence (AI).

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Is your website compliant with cookie laws?

Is your website giving visitors a fair and informed choice when it comes to how their personal data is used?

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Solar power in the spotlight

Energy Secretary Ed Miliband, along with a newly reactivated Solar Taskforce, is spearheading a major push to get more solar panels on homes and businesses by 2030.

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Make sure you claim your child benefit!

HM Revenue and Customs (HMRC) is reminding parents to claim their Child Benefit. A claim can be made online and the first payment could be made within a week of claiming.

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Why business owners should start using KPIs to drive success

Using KPIs can be a game-changer, offering insights and clarity that help you make better decisions, drive growth, and stay competitive

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UK economic growth figures revised

The latest figures from the Office for National Statistics (ONS) reveal that the UK’s economy grew by 0.5% between April and June, a slight dip from the initial estimate of 0.6%.

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New tipping laws: What employers and employees need to know

As of 1st October, new laws are in place to ensure that workers keep 100% of the tips, gratuities, and service charges they earn.

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Chancellor pushes for e-invoicing: What you need to know

The Chancellor unveiled a series of announcements last week that could have implications for UK businesses. One of the most relevant for business owners was the government's push for electronic invoicing (e-invoicing).

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Have a Child Trust Fund? Time to check if you can claim your savings!

If you, or your child, was born between 1 September 2002 and 2 January 2011, there could be a savings account with your or their name on it – literally!

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New apprenticeship reforms: What they mean for your business

The government has announced some reforms to the apprenticeship system in England, which could bring some exciting opportunities for business owners.

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How can we help you?

Brearley & Co Accountants are pleased to offer a free, no obligation, initial consultation with one of our experts who will be happy to discuss your business needs and how we can help you.

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