Here at SEE Ahead we like to trawl the internet, subscribe to newsletters and keep abreast of all the latest business news that affects our sector. Anything we find of interest we post here.
Government campaign to promote business support
The Department for Business has launched a new campaign to help firms across England access support to start and grow their businesses. The new Business Support website includes a directory of all government-backed support schemes, which are divided into four areas: finance and business planning, exporting, leadership and talent, and innovation and technology. As part of the campaign, government support will also be advertised across a range of media including radio, newspapers and social media.
SEYH Awards Finalists Announced
Social Enterprise Yorkshire & Humber have announced the finalists for the forthcoming annual awards.
NICs threshold increases by £104 from April
The NIC threshold changes for 2020-21 set the level taxpayers start to pay NICs at £9,500 per year for both employed and self-employed people, effective from 6 April 2020.
Reforms to Employment Allowance rules
From April 2020 the Employment Allowance rules will be revised, HM Treasury has announced. Under the rules employers that pay Class 1 secondary NI contributions can claim a £3,000 Employment Allowance to offset against their contributions. From 6 April 2020 the requirement for employers to provide information about other grants and subsidies they have received will be removed. Employers will also have to claim the allowance every year as this will be no longer be carried forward. The Allowance will also no longer be available to employers who have secondary Class 1 NIC liabilities of £100,000 or more.
Review of IR35 rules and support for the self-employed
The Government has launched a review of changes to off-payroll working rules, also known as IR35. The review will establish if any steps should be taken to ensure the smooth introduction of the rules in April 2020. The review will also consider if any additional support is required to ensure that the self-employed who don’t fall within the scope of the rules are not adversely affected. The Government will also carry out a wider review into support for the self-employed, which will cover access to finance, tax and broadband access.
£1.15m funding for community pub organisations
Organisations that help communities buy their local pubs are set to receive £1.15 million in Government funding.
Regulator warns against charity bank fraud amid rise in reports
The Charity Commission has said it has received several reports from charities who have been targeted by fraudsters impersonating members of staff, who are attempting to change employees’ bank details. In all these cases the request was made via email.
Government announces measures to support businesses
The Government has announced a range of measures to support businesses in the Queen’s Speech. The measures include increasing tax credits for research and development, establishing a national skills fund and introducing a points-based immigration system. The Government also announced a review of business rates, including an increase in the retail discount from 33% to 50%.
Give #PresentsWithPurpose this Christmas
|Christmas is just around the corner and we’ve got you covered with our Social Enterprise Gift Guide filled with our top picks of what to buy your loved ones!|
New research reveals the biggest fraud risks to charities
Over two thirds of charities (69%) think fraud is a major risk to the charity sector and internal (insider) fraud is recognised as one of the biggest threats.