Tag: Brexit

Plans to cut corporation tax put on hold

Prime Minister Boris Johnson has announced that the planned cuts to corporation tax are to be put on hold. On 1st April 2020, corporation tax was due to fall from 19% to 17%. However, in the run up to the December general election, Conservative party leader Boris Johnson has announced that this cut to corporation…




IR35 rules to be rolled out to private sector in April 2020

Organisations in the private sector must plan and prepare now for changes to IR35 in April 2020 to avoid problems with contractors negatively affecting their performance. Changes are to be made to IR35 rules for the private sector in April 2020 to bring them in line with public sector rules. In April 2017, IR35 was…




How To Keep Your Best Employees

In today’s tight labour market, it can be difficult to keep hold of your most talented employees capable of helping to take your business to the next level. Perks are one way of keeping staff motivated and happy but they need to be carefully thought out to avoid such schemes falling flat. Most business owners…




BCC Predicts Eurozone Will Cope Better Than UK Following Brexit

Despite the UK economy continuing to grow and indeed accelerate in terms of GDP growth according to Q3 predictions, the British Chamber of Commerce (BCC) paint a gloomy picture of what lies ahead. The body that represents and supports UK businesses predicts that a squeeze on household budgets brought by an increase in inflation and…




Tips On Managing Your Cashflow After Brexit

No doubt you will be growing tired of hearing about Brexit like the rest of us but it would be wrong to ignore some of the potential implications for your business and cash flow in particular. Some of the consequences of Brexit are already being felt as some business costs have increased. With the pound…




Could Businesses Be In For a Much Needed Tax Lifeline?

With small business confidence plunging to record lows and the owners of big businesses cutting back on investing and staff hiring, could the Chancellor have something up his sleeve to help everyone out? Corporation tax is one area mentioned by George Osborne as a way to reduce the economic impact of Brexit on businesses. A…




Another Poll Shows Businesses Against Brexit

As the crucial in or out vote on being part of the EU looms large on the horizon, another poll of business leaders from across Europe shows that the vast majority are against a Brexit. Whatever your political view, the view of business leaders is an important consideration in the complex decision over whether to…




Manufacturing Firms Will Be Taking A Hard Look At Accounts As A Result Of “Brexit”

Whatever the views on whether Britain should be in or out of the EU, the impact the uncertainty is having on the UK manufacturing sector is proving to be particularly severe. According to the latest statistics, UK factory growth has hit its lowest point for 34 months which a setback for a sector which had…