Government Unveils Roadmap for Employment Rights Bill Following publication of the Employment Rights Bill in October 2024, the government has published a comprehensive implementation roadmap. The roadmap outlines a phased timeline for one of the most significant overhauls of UK employment law in decades. Aimed at raising living standards and strengthening workplace protections, it’s estimated…
Government Targets £7.5 Billion in Unpaid Tax – Focus on Business Compliance The government has announced plans to raise an additional £7.5 billion by stepping up efforts to close the tax gap – the difference between the tax HMRC expects to collect and what is actually paid. Figures published on 19 June show that £46.8…
Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you! enquiries@shaikhfinancing.com Should You Own a Property Through a Company – or Personally? If you’re considering buying a property, especially as…
Spending Review 2025: Takeaway Points for Your Business Last week, the Chancellor unveiled her Spending Review setting out how government departments will allocate money over the coming years. While much of the focus was on large-scale public services like the NHS and schools, there are some important signals here for businesses to take note of…
Named and Shamed: Employers Failing to Pay Minimum Wage In its latest round of investigations, HM Revenue and Customs (HMRC) have named 518 employers who have failed to pay the National Living or National Minimum Wage correctly to their staff. A total of £7.4 million will be paid by these employers to almost 60,000 workers….
When is Diversification a Good Business Strategy? It’s long been said that putting all your eggs in one basket is risky. Many small business owners may fear that risk of becoming a reality. Take the UK’s farming sector as an example. Faced with extreme weather, policy shifts and volatile prices, farmers have increasingly turned to…
What the New UK-EU Deal Could Mean for Your Business The UK government has agreed a new trade deal with the European Union, aimed at making it easier to do business across the Channel. This follows recent agreements with the US and India and is being presented as part of a wider effort to support…
Interest Rates Cut, Trade Talks Shift – What It Means for Your Business In the last couple of weeks, the Bank of England cut interest rates from 4.5% to 4.25%, and a new ‘trade deal’ was announced between the UK and the US. Let’s see what these news items can tell us about the latest…
Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you! enquiries@shaikhfinancing.com MTD for Income Tax: Less Than a Year to Go If you’re a sole trader or landlord with annual…
UK Inflation Falls to 2.6% – But What’s Next for Your Business? In a small bit of good news, March’s inflation figures have been released showing a drop to 2.6% from 2.8% in February. The main reason? Lower petrol prices, which has offered some relief for households and businesses alike. However, April has brought fresh…