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NIC and Levy high jinks

No surprises when the Prime Minister announced a hefty 1.25% increase in NIC Class 1 and Class 4 rates from April 2022. The announcement was widely predicted. Effectively, this is a tax increase on earnings (employed or self-employed) and on costs for employers. It is odd that a 1.25% increase in Income Tax would have…
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Government backs UK entrepreneurs with six hundred million of Start Up loans

The UK Government’s Start Up Loans scheme has now provided £600 million in loans to small businesses outside London, providing extensive support for entrepreneurs across the UK. The initiative, run by the British Business Bank, was created in 2012 to provide a wide range of smaller businesses with more opportunities to create jobs, expand and…
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What is round the corner?

Having glimpsed the light at the end of the COVID tunnel, many of us will have everything crossed that progress towards normality will continue. The winter months are not a brilliant time for infection and we should expect the usual rash of flu, and now COVID, cases to increase. In the past two years words…
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Hundreds of business names dismissed by Companies House during pandemic

Over the last two years, Companies House has disallowed more than 800 business names for being ‘too offensive’. Building That Fought Hitler Limited, Cambridge Cannabis Club Limited, Fancy a Bomb Ltd and Fit as Fork Ltd are among the company names that have been rejected by the executive agency and trading fund for the government.…
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