Businesses get to grips with apprenticeship levy

Employers are becoming more confident in their knowledge of the apprenticeship levy, research by the Institute of Directors (IoD) has shown. According to a survey of 1,141 employers, 51% now say they understand it perfectly - up from 36% in March 2018. Since it was...

R&D investment grows to £23.7bn

Businesses spent £23.7 billion on research and development (R&D) in 2017, according to the latest data from the Office for National Statistics (ONS). This was an increase of £1.1bn, or 4.9%, compared to statistics for 2016. Pharmaceuticals had the highest level of...

AIA rise ‘may bring only complexity’ for SMEs

Increasing the annual investment allowance (AIA) to £1 million will not help most small businesses, and may even be harmful for them, the Association of Taxation Technicians (ATT) has said. In Budget 2018, the AIA was temporarily increased from £200,000 to £1m over...

Most firms plan to invest in training

The majority of UK businesses are planning to invest in training their workforce in the next few years, according to research by the Confederation of British Industry (CBI). A survey representing more than 28,000 employers found that 85% expect to either maintain or...

Dates and deadlines for November 2018

With only a couple of months to go until the New Year, here are the main deadlines to keep in mind this November. 7 November 2018 VAT return  Due date for September VAT returns unless exempted. 14 November 2018 EC sales list Deadline for paper monthly or quarterly...
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