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Start-ups to hit record number in 2015
The number of new start-ups starting business in 2015 is expected to reach a record 600,000, according to StartUp Britain. Figures from the Centre for Entrepreneurs, which administers the scheme,…
Summer Budget must provide stability and certainty, says CBI
The chancellor should use the Summer Budget on Wednesday 8th July to ensure that businesses of all sizes have the stability they need to drive growth, the Confederation of British…
HMRC relaxes PAYE late filing penalties
HMRC will begin relaxing automatic late filing penalties for people who send PAYE information late, officials have indicated. The revenue said it would take a ‘proportionate approach’ instead of issuing…
Business rates review must create ‘fair’ system, says CB
The government’s ongoing business rate review must aim to create a ‘simple, fair and competitive system’, the Confederation of British Industry (CBI) has said. The business organisation argued that the…
Retired households face higher tax bills
Retired households face an average annual tax bill of £6,500, research by Prudential has found. Analysis of data from the Office for National Statistics reveals that pensioners pay thousands in…
Employees value inclusive workplaces
More than half of employees want their workplace to have an inclusive ‘family feel’, a survey by the Chartered Institute of Personnel and Development (CIPD) has found. The latest Employee…
Wellden Turnbull Summer Newsletter
Wellden Turnbull are pleased to release the summer edition of our quarterly Newsletter, which we’ve filled with topical information to help you and your business. Here’s a summary of what…
Company sick pay not available to third of workers
More than a third of UK workers are not entitled to company sick pay, according to a survey by Liverpool Victoria. The research shows that 34% workers are without an…
Life insurance payouts fail to match mortgage costs
Under-insurance is causing a ‘protection gap’ for UK families planning to use life insurance payouts to pay down their mortgage. The ‘protection gap’ refers to life insurance payouts that fail…
Families could miss out on IHT relief
Up to 3,000 families may miss out on the government’s proposed changes to inheritance tax (IHT), according to analysis by NFU Mutual. The Conservatives outlined their plans to raise the…
Small employers begin auto-enrolment process
Small and micro businesses employing fewer than 30 employees have begun auto-enrolling their staff onto workplace pension schemes. The process will last until April 2017 and the exact timing of…
Employers want auto-enrolment contribution increase
More than three quarters of employers think that auto-enrolment pension contributions should be increased, according to research by Jelf Employee Benefits. Employers operating auto-enrolment workplace pension schemes are required by…