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Business management

Stamp prices to increase by nearly 40%

The cost of first and second class stamps is to rise after the regulator Ofcom granted Royal Mail greater freedom to set its own prices.

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Pension auto-enrolment thresholds confirmed to rise

The earnings thresholds for automatic pension enrolment will be aligned with tax and national insurance contributions, the Government has confirmed following consultations.

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Business groups want red tape further scrutinised

The independent regulatory body designed to monitor Government business regulations should be granted greater powers if it is to defend small and medium sized enterprises (SMEs) against new regulations, says the Federation of Small Businesses (FSB).

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Online VAT filing: Are you ready?

HMRC has issued a reminder that all VAT registered businesses in the UK will now have to submit their VAT returns online, and also pay any VAT owed electronically, from 1 April.

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Loan scheme for small businesses launched

A new Government backed loan scheme worth £20 billion aimed at boosting lending to small and medium-sized enterprises (SMEs) has been launched by the Chancellor.

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Report advises removal of NEST pension restrictions

Restrictions on the Government's auto-enrolment solution, the National Employment Savings Trust (NEST), should be lifted if it is to prove effective in encouraging retirement saving, a new report has said.

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Workers sick on holiday to be granted additional leave

Employees will have a legal right to claim back annual leave if they become ill whilst on holiday, the European Court of Justice (ECJ) has decided.

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Proposed tribunal fees stir up mixed reactions

Business groups have given varied responses to proposed tribunal and redundancy reforms, following the end of a Government consultation on the two systems on 6 March.

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£4 million of red tape cuts for businesses

Businesses in the UK will save around £4.17 million if the Government sticks to plans to cut regulatory burdens between January and June 2012, a new report published by the Department for Business, Innovation and Skills (BIS) says.

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'Vital' family owned SMEs urged to seek business support

Greater business management and support is vital for family owned small and medium enterprises (SMEs), a sector that is crucial to the recovering UK economy, the Forum of Private Business (FPB) has said.

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