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The paper £10 note which features the naturalist Charles Darwin on the back will be withdrawn from circulation on 1 March 2018.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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Care Quality Commission’s ratings programme extended

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The Care Quality Commission’s (CQC’s) ratings programme, covering hospital care, social care and GPs, is extended to cover more than 800 additional providers. This includes independent doctors that offer primary care online. All healthcare organisations in England […]

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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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Income tax and stamp duty changes for Wales

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Stamp Duty Land Tax will be replaced by a Land Transaction Tax in 2018, and a new income tax will be introduced in 2019 as part of important tax changes coming to the country of Wales. […]

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National Living Wage to rise in April 2018

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Chancellor Philip Hammond has announced that the rates of the National Living Wage and National Minimum Wage are rising from 1 April 2018. The hourly rates will increase in April 2018: from £7.50 to £7.83 for […]

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Autumn Budget 2017 announcements at a glance

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Autumn Budget 2017 key tax announcements made on 22 November. The embattled and isolated Chancellor was under pressure to be bold and imaginative in his first Budget since the general election, even though it’s not really “Spreadsheet Phil’s” […]

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Care sector sleep-in-shift pay scheme launched

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A new compliance scheme has been launched for social care providers that may have incorrectly paid workers below the minimum wage hourly rate for full shifts to staff who sleep over. The scheme runs from […]

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