Oct 28, 2019 | Business Regulation
An increasing number of employers are unaware of their workplace pensions responsibilities, according to a poll by the Pensions Regulator. Employers that have already staged have five ongoing duties when it comes to complying with auto-enrolment. These include keeping...Oct 9, 2019 | Business Regulation
Small and medium-sized companies that enter insolvency in 2020/21 should not be affected by a new measure, according to the Treasury. From 6 April 2020, payments to HMRC will be prioritised when a company enters insolvency and go towards the public purse before being...Sep 6, 2019 | Business Regulation
Large companies that pay late will now be excluded from winning Government contracts, following new prompt payment rules that came into force on 1 September 2019. The policy, which was first announced in November 2018, applies to contracts worth more than £5 million a...Aug 13, 2019 | Business Regulation
Around 7 in 10 small business owners paid themselves less to absorb increasing employee wages this April, a survey by the Federation of Small Businesses (FSB) shows. Following the national living wage increase to £8.21 in April 2019, 71% of business owners said they...Aug 6, 2019 | Business Regulation
Late payments are a growing issue for nearly a quarter of SMEs, according to a survey by the Institute of Chartered Accountants in England and Wales (ICAEW). The survey of 1,000 ICAEW members found that 24% of small and medium-sized businesses experienced late...