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One week remains to pay Self Assessment tax bill

Self Assessment taxpayers have one week left to pay their tax bill or set up a payment plan, HMRC has urged. Self-employed people and other taxpayers who use HMRC's self-assessment have until 1st April to pay all tax due from their 2020-21 tax return so as to avoid a late payment … [Read more...]

Bank of England raises interest rates to 0.75%

The Bank of England's Monetary Policy Committee has voted to increase interest rates by 0.25 percentage points to 0.75%. The rise is the second increase in interest rates in 2022, and restores the base rate to its pre-pandemic level. The rate is now back at its joint highest level since March … [Read more...]

HMRC warns against Self Assessment scams

Self Assessment taxpayers are being urged to be wary of scammers looking to steal money or personal information by posing as HMRC. Last year, more than 570,000 instances of scams were reported to HMRC, particularly shortly after the 31st January Self Assessment deadline, with those taxpayers most … [Read more...]

£39.8 billion R&D budget is largest ever

The government has announced that the Department for Business Energy and Industrial Strategy (BEIS) will have have a research and development (R&D) budget of almost £40 billion for 2022-25. The £39.8 billion, to be allocated between partner organisations, is the largest commitment to BEIS … [Read more...]

Expert Opinion: Exit planning for your business

Hallidays MD Paul Whitney explains the best way for business owners to plan for their exit and the biggest pitfalls that come with this. Every business owner reading this will one day exit their business. The key question is ‘How’? Well, put simply, you’ve got 4 choices: Exit 1. Pass it on to … [Read more...]

Stockport marks International Women’s Day 2022

Stockport is supporting this year’s International Women’s Day, which takes place on Tuesday 8th March. This year's theme is 'Breaking the Bias’. Recognised globally, the day is a chance to celebrate the contribution of women across the world in their achievements both personally, politically and … [Read more...]

Stockport textiles firm bought out of administration

Stockport based textiles firm, Creative Apparel, has been sold after falling into administration on March 3rd, ensuring the future of 14 jobs. The business, which prints and embroiders designs for clothing and workwear, appointed administrators in response to financial challenges at the firm. … [Read more...]

musicMagpie well-positioned for 2022 despite dip in revenues

Stockport-based recommerce group, musicMagpie, has seen its annual revenues dip in the year ending 30 November 2021, but advises it is well-positioned for future growth. In year-end figures published today (2nd March), the group revealed revenues were down 5.1% on 2020 numbers, in line with … [Read more...]