Hydro Ness, Highland Council's new renewable energy installation, has scooped a prestigious national construction award. The Archimedes Screw installation on the banks of the River Ness in Inverness was named Small Project of The Year at the recent British Construction Industry Awards (BCIA 2022).
Paul Johnson, director of the Institute for Fiscal Studies writing in the Time and with the article reproduced on the IFS site. "Only a reversal of direction on that scale was ever going to be enough to reassure the markets and start to get fiscal policy back on track." Thank goodness for that.
In 2019 HMRC introduced a permanent easement on reporting PAYE information in real time. HMRC are aware some employers pay their employees earlier than usual over the Christmas period.
CPI inflation increased by 10.1 per cent in September - driven by surging food prices – which should prompt a significant increase in benefits next April that will help to support families through the ongoing cost-of-living crisis, the Resolution Foundation said on Wednesday 19 October 2022. The Foundation notes that inflation in September was driven by rising food prices, which are rising at their fastest rate since 1989, and partially offset by falling petrol prices (which have since stabilised).
HMRC would like to remind employers across the UK that they could save thousands of pounds in National Insurance contributions. Employers can tap into a unique pool of skilled and talented new recruits, if they hire former members of the UK regular armed forces during their first year of civilian employment.
Student loans Employers are responsible for actioning student loan and postgraduate loan start and stop notices deducting student loan and postgraduate loan using the correct: plan and loan type supplied by their employee. thresholds and rates for the relevant loan and plan type.
Liz Truss has stood down as leader of the Conservatives just after 1.30pm on Thursday 20 October 2022. Making he announcement outside 10 downing Street she said she will remain as prime minister until a new leader is elected.
Frontline and third sector organisations invited to apply. Drug support services are benefitting from a £65 million boost to drive down the number of drug deaths each year.
The rules HMRC uses to work out taxable profits for income tax in a self-assessment return are changing for many businesses. From April 2024 onwards, sole traders and partners will be taxed on profits generated in that tax year, that is, from April to March.
Decision tool and calculator for the 130% super-deduction and the 50% special rate capital allowances. HMRC has published an interactive tool to help companies check if they can claim for the super-deduction of up to 130% or the 50% special rate first year allowances for qualifying expenditure on plant and machinery.
New simplified penalties will start from next year for businesses who are late in submitting or paying VAT Returns. For VAT periods starting on or after 1 January 2023, the default surcharge will be replaced by these new penalties.
The way businesses file VAT Returns has changed, as part of Making Tax Digital. You should already be using Making Tax Digital compatible software, since this became mandatory from April 2022.
Transport Strikes (Minimum Service Levels) Bill will ensure some transport services still run during strikes. law will ensure that transport services keep running during strike action.
Heriot-Watt's brightest business minds are applying their classroom knowledge to real-life industry challenges as part of a pioneering new teaching programme. The Edinburgh Business School (EBS) has successfully launched its first ever student Consultancy Boot Camp and is today encouraging business leaders to come forward to find out how it can benefit them, free of charge.
This video is the best summary of the Brexit disaster. 28 minutes long but packed full of why we should not have left the EU.
China News Service, Fuzhou, October 13 (Reporter Long Min). On the morning of the 13th, in the Fujian Three Gorges Offshore Wind Power International Industrial Park located in Fuqing City, Fujian Province, Goldwind's 13.6 MW large-capacity offshore wind turbine was officially rolled off the assembly line.
Private rental prices paid by tenants in the UK rose by 3.6% in the 12 months to September 2022, up from 3.4% in the 12 months to August 2022. Private rental prices grew by 3.6% in England, 2.7% in Wales and 3.9% in Scotland in the 12 months to September 2022.
Deaths involving COVID-19, weekly registrations (go to section) • As at the 9th of October 2022, there have been a total of 15,817 deaths registered in Scotland where the novel coronavirus (COVID-19) was mentioned on the death certificate. In the latest week there were 36 deaths, nine fewer than the previous week.
Speculation was rife yesterday following Jeremy Hunts reversal of most of the Mini Budget. Previous commitments to keep the Triple Lock look to be on shaky ground.
The latest estimated rate of coronavirus (COVID-19) reinfections on 29 September 2022 was 41.6 per 100,000 participant days at risk (95% confidence interval: 40.8 to 42.5). Of all identified reinfections, 92.3% occurred during the period when the Omicron variants were dominant.
