Welcome to our monthly newsletter. This issue covers a number of topics including: 5 ways to make your business more productive, Changes to entrepreneurs’ relief and Small firms gear up for auto-enrolment, including staging dates over the next 3-months.
Government publishes productivity strategy
A plan to improve the productivity of UK businesses has been published by the Treasury. Talk to us about improving the efficiency of your business.
Entrepreneurs’ relief changes affect family businesses
Family businesses are being unfairly penalised by changes to the entrepreneurs’ relief (ER), according to the Institute of Chartered Accountants in England and Wales (ICAEW) Tax Faculty. Speak to our expert to discuss your succession planning.
Small firms gear up for auto-enrolment
Small businesses employing 40-49 workers will begin complying with their auto-enrolment duties from 1 August. The staging dates over the next 3-months are as follows:
- 1 August: firms with 40-49 workers
- 1 September: businesses with less than 30 employees whose employer PAYE reference number ends in BY
- 1 October: firms employing 30-39 employees.