A plan to improve the productivity of UK businesses has been published by the Treasury.The policy document identifies 2 key areas to stimulating productivity in the UK: long-term investment and a dynamic economy.
Among the measures included in the strategy are:
No one quite knew what to expect in the first budget by a majority Conservative government for almost 20 years.
In his seventh Budget Statement as chancellor, George Osborne promised a ‘big budget for a country with big ambitions’.
As predicted there…
Welcome to our monthly tax update designed to keep you informed of the latest tax issues.
In this issue we focus on issues to be considered before the end of the tax year and things to look forward to next year. As ever we are here to help you so…
Financial assets such as pensions and shares is driving a rise in household wealth, research by Lloyds Bank has suggested.
Based on data from the Office for National Statistics, the study found that total household wealth increased by £1.5 trillion during 2014 to reach £9.1 trillion.
Household financial assets accounted for…
More than 4 in 10 small and micro businesses have experienced digital crime, according to a survey by the Association of Accounting Technicians (AAT).
The survey of 1,000 business owners with less than 49 employees reveals that 42% have suffered online security issues.
Important figures:
The second part in the pair of articles on Estate Planning we are looking at what you are trying to achieve and the use of Trusts.
This part of estate planning is less about the numbers, and more about identifying the obstacles. Everyone has different…
A third of small and medium-sized business owners are operating without a business plan, according to research by Close Brothers Asset Finance.
The survey found that 29% of SMEs do not have a business plan, with 43% of these claiming that they don’t believe they need one.
Furthermore, a fifth say…
More than half of small business owners want the new Conservative government to prioritise reducing regulation, a survey by the Federation of Small Businesses (FSB) has revealed.
The poll of more than 2,300 FSB members found that 53% believe that regulation is the biggest issue to tackle in the next…
A range of measures aimed at supporting small businesses have become law after the Small Business, Enterprise and Employment Act gained royal assent.
The act is designed to help small businesses by improving access to finance, combating late payment and reducing regulatory burdens.
It is hoped that the measures will encourage…
Retirees plan to use a mix of assets such as pensions, cash ISAs and savings to fund their retirement, according to a survey by YouGov commissioned by Friends Life.
The survey polled 7,000 people across the UK and found that many…