Good moves to cut bad credit card debts

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The Financial Conduct Authority (FCA) has told credit card providers they must do more to help people with persistent credit card debt. The financial watchdog has introduced new rules that take effect from 1 March 2018, but has given credit […]

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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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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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Celebrating Truro firm’s 30 Successful Years

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Top 30 advisory firm Bishop Fleming is celebrating 30 years of success for its Truro Office in Cornwall. After opening the doors of their Truro office in 1987 with just four staff, Bishop Fleming has […]

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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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VAT danger on hotel booking website commission

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A number of hotels have recently encountered problems with over claiming VAT on fees charged by hotel booking websites, resulting in action by H M Revenue & Customs (HMRC) to recover VAT plus penalties and […]

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Hotel Wedding Packages – key VAT development

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In an important case for hotels that offer a licenced venue for weddings and civil partnerships, a tax tribunal has held that the hire of the room is not exempt from VAT. The Upper Tribunal […]

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IFA acquisitions – are you ready for your new clients?

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We have continued to see a good level of activity in the M&A market for investment advisory firms for both share and asset / client book deals. Whilst the immediate economic benefits of such a […]

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FCA study proposes “significant” changes

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The UK asset management industry manages £6.9 trillion of assets across retail, institutional and pension funds. The FCA is focusing on value for money and transparency for all investors as small variations in management fees […]

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Tourist Tax for Bath?

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Bath could be the first city in the UK to impose a tourist tax, following news that Bath & North East Somerset Council is holding talks with the government over the introduction of a visitors’ […]

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