Business in the Queen’s Speech This week the government set out its legislative priorities for the current session of Parliament, including the following: An Energy Security Bill later this year to deliver a cleaner, more affordable, and more secure energy system and help to protect consumers against global price fluctuations. The Digital Markets, Competition and… Continue reading Legislative Priorities Laid Our In Queen’s Speech
OxLEP Business is leading the delivery of Cherwell District Council’s Cherwell Business Adaptation Fund (CBAF), which is funded through the Government’s Additional Restrictions Grant (ARG) round two, which provides local councils with grant funding to support businesses impacted by Coronavirus restrictions. Applications open to businesses based in Cherwell who have been impacted by the Covid-19… Continue reading Cherwell Business Adaptation Fund
A new pilot service is available on GOV.UK to make it simpler, faster and fairer to find and apply for government grants. It’s been co-created with the Government Grants Community – including people from small to medium-sized businesses. Starting with a small sample of grants, you can test the ability to browse, search and filter… Continue reading Pilot GOV.UK service to find and apply for government grants
National Minimum Wage uplift Around 2.5 million UK workers will receive a pay rise as the National Minimum and Living Wages increased on Friday 1 April in line with the recommendations from the independent Low Pay Commission. Workers aged 21-22 will receive a rise of almost 10% on the National Minimum Wage, while those aged… Continue reading National Minimum Wage Uplift 2022
All VAT registered businesses, regardless of taxable turnover, will legally be required to follow MTD for VAT requirements from their first VAT Return Period starting on or after the 1st April 2022. This means that all VAT registered businesses must use MTD compatible software to keep records digitally and submit their tax returns unless exempt.
Spring statement – measures for business The Chancellor this week presented the Spring Statement. Measures to support businesses include: Cutting fuel duty on petrol and diesel by 5p per litre for 12 months, worth around £200 for the average van driver and £1,500 for the average haulier. Increasing the Employment Allowance from £4,000 to £5,000,… Continue reading Spring Statement – Measures For Businesses
The National Cyber Security Centre has published new advice for businesses on creating trustworthy customer messages following a rise in text and call-based scams. The guidance sets out how businesses can contact customers in a way that is more secure and distinguishable from fraudsters impersonating well known and trusted brands. The guide covers SMS and telephone… Continue reading Best Practice for Secure Business Communications
Free Acas advice available to all employers Acas works with millions of employers and employees every year to improve workplace relationships. Acas provides free, confidential advice to employers of all sizes and across all industries who have questions about employment rules, the law, employer duty of care and HR policies and procedures. Call the Acas… Continue reading Free Acas advice available to all employers
Businesses in the hospitality and leisure sectors in England that have been impacted by Omicron are now able to access grants of up to £6,000 as a one-off support payment from their local authority. Grants will be awarded per premises depending on rateable value. Other businesses that have been affected, such as those that supply the hospitality… Continue reading Covid Support Grants
New requirements will be introduced for importing some SPS goods, such as meat or plants, to Great Britain from the EU from 1 January 2022. Pre-notification will be required for imports to Great Britain of most products of animal origin, animal by-products, high risk food not of animal origin and regulated plants and plant products… Continue reading New requirements will be introduced for importing some SPS goods, such as meat or plants, to Great Britain from the EU from 1 January 2022.