National Insurance Contributions
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Mar- 2020 -24 MarchAdvice
Coronavirus Job Retention Scheme – Advice for employers
The Job Retention Scheme is a huge incentive for companies to keep employees on payroll. To access the support companies need to classify employees as a furloughed worker, which means they should not undertake any work for the company while furloughed, including answering calls or emails. In exchange employers can claim a grant of…
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11 MarchBusiness Bites
ROUNDUP: Business rates holiday announced by chancellor Sunak
In his maiden budget, the new chancellor, Rishi Sunak, has announced a £30bn fiscal stimulus package to help combat the impact of coronavirus on the British economy including a one-year total suspension of business rates for small retail, leisure and hospitality businesses. Headline measures include: A £12bn plan to provide…
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Mar- 2017 -8 MarchEconomy
Budget 2017: Government unveils £300m business rate relief fund
The government has helped soften the blow of April’s business rate revaluation with a £300m relief fund for local councils. The announcement was made by chancellor Philip Hammond at today’s Spring Budget, in which he said business rates raise £25bn each year – all of which, by 2020, will be…
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Mar- 2015 -19 MarchCurrent Affairs
BUDGET: BRC welcomes Osborne rates review, NI abolition for under-21s
The Chancellor has used his last budget of this Parliament to reconfirm his commitment to carry out the most “far-reaching” and “radical” review into the business rates system in a generation. The government first revealed that it would carry out a “comprehensive review” of the current outdated system during last…
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Nov- 2012 -13 NovemberCurrent Affairs
BRC submits six-point plan to Chancellor of the Exchequer
Ahead of next month’s autumn statement, the British Retail Consortium (BRC) has submitted a plan to Chancellor George Osborne requesting that changes are made to existing measures in order to strengthen the economy.
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