Darwin’s tenner faces extinction from March 2018

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The paper £10 note which features the naturalist Charles Darwin on the back will be withdrawn from circulation on 1 March 2018. From that date only the new plastic £10 notes, with author Jane Austen […]

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End of surcharges is on the cards

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From 13 January 2018, businesses will no longer be able to add any surcharges where a customer pays by credit or debit card, following an EU directive banning surcharges on Visa and Mastercard payments. However the government has […]

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Do you need a Legal Entity Identifier?

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From 3 January 2018, legal entities such as companies, trusts, partnerships and charities have to have a Legal Entity Identifier (LEI) if they wish to trade on financial markets in the UK, or continue to […]

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Business rates staircase tax scrapped

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The business rates staircase tax, which unfairly affects up to a thousand businesses, is being scrapped. Draft legislation has been published to ensure that the tax is abolished with retrospective effect. The step was first announced in […]

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New Commissioner helps small firms with slow payers

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Small firms struggling to deal with business customers who are slow payers have new help in the form of a small business commissioner. The government says that a third of payments to small firms across […]

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Was the 2017 Autumn Budget good for business?

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Bishop Fleming Partner, Fleur Lewis, takes a look at what the 2017 Autumn Budget had to offer Small and Medium-Sized businesses. The Budget on 22 November 2017 left most business owners wondering what was in […]

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Where do you go when the bank says no?

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Bishop Fleming Partner, Chris Walklett, addresses the question of where do you go when the bank says no? It can be a major challenge for a business to raise funds to grow a business, invest in new […]

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Debt Breathing Space scheme proposed

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It is being proposed by the government that individuals with serious financial problems could be given up to six weeks’ debt breathing space from further interest, charges and enforcement action. The Government is consulting on a […]

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Employers named for not paying minimum wage rates

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A record 260 employers have been named and shamed for failing to pay 16,000 workers at least the minimum wage rates. Investigators identified £1.7m in arrears owing to workers, and fined employers £1.3m for the underpayments. Many sectors […]

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South West Overlooked in the Budget Spending Spree

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In the aftermath of the Autumn Budget, Top 30 advisory firm Bishop Fleming is calling on the government to give more attention to the South West in its infrastructure investment and tax incentive programmes. The […]

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