Business news

Academies may be forced to pay ‘Apprenticeship tax’ - 10 September 2015

The Government has confirmed that academy chains, recognised with charity status, will be required to pay the new apprenticeship levy when it is introduced. The Department for Business, Innovation and Skills has told leading publication Schools Week that charities that

Schools could be fined if pupils don’t achieve Cs in English and maths, says think-tank - 10 September 2015

A leading right-leaning think-tank, founded by Michael Gove, has suggested that schools could be fined for each pupil that fails to achieve a C grade in maths or English, with the money collected used to fund further education (FE) colleges.

The Prime Minister calls for academy roll-out at all schools - 10 September 2015

The Prime Minister, David Cameron, has announced that he wants all schools to convert to academies. During a speech to mark the first 100-days of the Conservative Government, the Prime Minister (PM) announced that they would begin recruiting more academy

Invoice finance freedom on way - 8 September 2015

Businesses are to be freed from a ban on using invoice finance in contracts, the government has confirmed. Invoice financing – in which a third party agrees to buy unpaid invoices for a fee – can provide a valuable source

Dividend Allowance a ‘back door’ tax rise, say experts - 8 September 2015

The Association of Taxation Technicians (ATT) says guidance on the new Dividend Allowance will come as a “shock” to taxpayers. Under current arrangements, basic rate taxpayers pay no tax on dividends received. Higher and additional rate taxpayers pay tax at

New tax task force launched - 8 September 2015

A new HM Revenue & Customs (HMRC) task force is to target people in Scotland who appear to be living beyond their means. HMRC said on 3 August that the team of specialist officers expected to recover an extra £4.5

Views sought on Sunday trading devolution - 8 September 2015

The government is seeking views on whether decision-making on Sunday trading should be devolved to local authorities and elected mayors. In a consultation launched on 5 August and running until 16 September, the Department for Business, Innovation & Skills said: