Business News

  • Tender – Replacement School Hall Flooring at Franche Primary School Kidderminster

    Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Floor and wall covering work – 45430000 Location of contract WR5 2NP Value of contract £20k – £26k Published date 17 April 2018 Closing date 10 May 2018 Contract start date 25 July 2018 Contract end date 24 August 2018 Contract is suitable for SMEs?…

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  • Tender for Supply, Lay and Maintain Flooring to Council Properties

    Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Floor coverings – 44112200 Solid flooring – 44112210 Floor-screed works – 45262321 Location of contract B69 3DB Published date 16 April 2018 Closing date 11 May 2018 Contract start date 01 August 2018 Contract end date 31 July 2021 Contract is suitable for SMEs?…

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  • Smaller Landlords Feel The Sting Of Tax Changes

    The number of landlords with smaller portfolios has decreased, following tax changes in the buy-to-let sector. Research by Paragon found that the proportion of landlords with 3 to 5 properties down from 26% to 24% at the end of 2017. This contrasted with rising figures for those with slightly larger portfolios, as landlords with 6 to 20 properties increased from 35% to 39% in Q1 2018. According to John Heron, managing director of mortgages at…

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  • OTS Calls For Business Tax Simplification

    The Office for Tax Simplification (OTS) is calling on the government to reform the tax system for businesses at the key stages of their growth. A report published on 16 April 2018 outlines several areas where the taxation of businesses could be simplified and reliefs made more accessible. While various reliefs available to businesses in the UK have encouraged entrepreneurship, the report claimed many SMEs either misunderstand or are unaware of them. Such reliefs include the…

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  • Over-55s Worried About Running Out Of Retirement Income

    Nearly half of people aged over 55 fear the prospect of running out of money in retirement, research shows. SunLife polled 50,000 individuals and found that 2 in 5 over-55s worry about whether their pension will cover retirement, while 43% are concerned they might run out of money before they die. This strain on retirement income was also shown to impact living standards, as a fifth of respondents felt they were financially worse off than…

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  • Directors Positive About UK Economy

    Business leaders’ optimism about the UK economy has turned positive for the first time in almost a year, a survey by the Institute of Directors (IoD) shows. The IoD polled 693 company directors and found that confidence in the economy reached 1% in March 2018, having been reported in negative figures every month since May 2017. Directors’ optimism about their own companies was much higher, at 47%, and had risen by 11% over the same…

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  • SMEs Could Save £17,000 With Digital Accounting

    Small and medium-sized businesses that use digital software to help with their accounting process could save 27.6 days a year, analysis by Sage shows. According to Sage’s research, 59% of SMEs use digital software for accounting, while 18% continue to use manual methods. On average, those using digital methods estimated that they save 2.3 days a month on accounting processes – worth around £17,000 a year in saved time. According to Sage, the main barriers…

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  • Resin News
    David-Collins-RCR-RESIN-FLOORING

    RCR Flooring Products Ltd appoints David Collins

    RCR Flooring Products Ltd has appointed David Collins to the post of Business Development Manager, based in the UK, with specific responsibility for resin product sales. David brings a 10-year track record of work in the construction industry both in the UK and Australia, during which he has focused on the construction chemicals marketplace. This experience makes him ideally placed to develop sales of RCR’s RINOL resin systems brand in the UK. RCR Flooring Products…

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  • Show News
    The Flooring Show 2018 Ocean Media Group

    The Flooring Show gets set for 2018!

    The UK’s national flooring event, The Flooring Show is in top gear getting ready for its 56th show in Harrogate September 16th – 18th 2018. Stand sales are running 16% ahead of 2017, with some long-term supporters of the show increasing their stand sizes and being joined by companies returning to exhibit at the show after a break. In total 83% of 2017 exhibitors have rebooked for 2018, with more to confirm. Karndean, Furlong Flooring,…

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  • Business News
    AMA-research-floorcovering-market

    UK contract floorcoverings market worth in excess of £1bn – AMA Contract Floorcoverings Market Report

    After achieving strong growth of 4% in 2015, growth rates in the contract floorcoverings market were slightly disappointing in 2016 and 2017. A number of factors had a negative impact on the market, including increasing inflation towards the end of the period and adverse currency movements as an indirect result of the Brexit vote, affecting imports. However, despite reduced growth rates, the value of the contract flooring market exceeded £1bn in 2017. The contract sector…

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  • Jobs
    CAT Logo

    Retail Sales Representative – C.A.T. – London

    Retail Sales Representative – Specialist Flooring Accessories Retail Sales Representative Greater London and Home Counties Established in 1986 C.A.T. are a leading manufacturer of quality profiles and accessories. The Role You will be promoting and selling C.A.T. product ranges to flooring retailers and related businesses and will need to be self motivated with a background in sales. This is a sales and marketing role for which training will be provided to the successful applicant. We…

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  • Most Brits Face Working Into Mid-60s

    Most workers in the UK expect to be working part-time after reaching the age of 65, according to a retirement study. Scottish Widows polled 3,535 people and found 51% expect to be working into their mid-60s, while 18% of those claim it’s more out of necessity than choice. With minimum auto-enrolment contributions increasing on 6 April 2018, 44% are failing to save the recommended 12% of their salary towards retirement each year. Only 24% of…

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  • 5 Of The Main Tax Changes 2018/19

    The 2018/19 tax year is upon us and a raft of new changes have come into force. Here’s what to expect. Income tax The personal allowance has increased to £11,850 across the UK, and the higher rate threshold is increasing to £46,350 for England, Wales and Northern Ireland. In Scotland, 5 income tax bands now apply with 2 new thresholds. The personal allowance is the same but the first £2,000 earned after that is taxed…

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  • Tender – Refurbishment and Remodelling Works

    Blackburn with Darwen Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary   Industry Construction work – 45000000 Location of contract North West Value of contract £115k Published date 21 March 2018 Closing date 20 April 2018 Contract start date 29 May 2018 Contract end date 03 August 2018 Contract is suitable for SMEs?…

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  • Late Payments Affect Half Of Businesses

    Almost half of small and medium-sized businesses have struggled with late payments in the last year, according to research by the Institute of Directors (IoD). Of the 787 business leaders surveyed, 48% have faced issues with late payments since April 2017. About 3 in 10 (31%) said this was the result of an “excessively bureaucratic payments system” in the company being invoiced. Others noted a disparity between the practices of smaller and larger businesses, with…

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  • Tender Artificial Turf Pitch Replacement – St Neots Town FC 3G

    Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Works for complete or part construction and civil engineering work – 45200000 Location of contract East of England Value of contract £200k Published date 28 March 2018 Closing date 09 April 2018 Contract start date 01 May 2018 Contract end date 02 July 2018…

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  • Tender – Supply of Flooring Services – Oxford City Council

    Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications.   Contract summary Industry Construction materials – 44110000 Building completion work – 45400000 Location of contract South East Value of contract £240k Published date 29 March 2018 Closing date 02 May 2018 Contract start date 01 June 2018 Contract end date 31 May 2022 Contract is suitable…

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  • TENDER – Flooring (Supply, Fit and Refurbishment) ESPO

    Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Carpets, mats and rugs – 39530000 Knotted carpeting – 39531100 Woven carpeting – 39531200 Show additional CPV codes for this notice Location of contract Any region Value of contract £8.0m Published date 03 April 2018 Closing date 06 April 2018 Contract start date 01…

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  • Wales Begins Collection Of Devolved Property Tax

    Property taxes have changed in Wales, as land transaction tax (LTT) came into effect as of 1 April 2018. This replaced stamp duty land tax, which applied to properties worth more than £125,000 or £300,000 for first-time buyers in England, Northern Ireland and Wales. Instead, all homes in Wales worth up to £180,000 are now exempt from tax under the new rates. Above this threshold, the following rates apply: Price threshold LTT rate £180,001 to…

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  • Disincorporation Relief Set To Expire

    Businesses will no longer be able to claim disincorporation relief from 31 March 2018. The relief is being withdrawn after fewer than 50 businesses attempted to access the scheme 3 years after its launch, despite more than 610,000 UK businesses being eligible. Disincorporation relief was introduced in April 2013 with the aim of reducing tax barriers faced by small businesses when downsizing from a limited company to a sole trader or partnership. It was introduced…

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  • Reduced Dividend Allowance Edges Closer

    From 6 April 2018, the tax-free allowance on dividends will be reduced from £5,000 to £2,000. Owner-directors have used the dividend allowance to extract profits from their business, but changes over recent years have seen the advantage of this tax-efficient strategy reduce. The reduction will almost certainly result in business owners, directors and shareholders paying more tax on dividends worth more than £2,000 in 2018/19. Under the new allowance, the first £2,000 taken in dividends…

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  • TENDER – Balcony Flooring Replacement Oaktree Gardens 2018

    Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Builders’ joinery – 44220000 Balcony work – 45262900 Joinery and carpentry installation work – 45420000 Location of contract L11 2SF Value of contract £40k – £50k Published date 27 March 2018 Closing date 11 April 2018 Contract start date 08 May 2018 Contract end…

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  • Most Retirees Do Not Shop Around For Pension Products

    The majority of UK adults do not shop around when accessing their pension through either drawdown or annuity. Data from the Financial Conduct Authority (FCA) shows that 58% of drawdown customers and 57% of annuity customers used their existing provider. The report also revealed a lack of advice on pensions, as 32% of drawdown sales since October 2015 had been entered into without any financial advice. In addition, Retirement Advantage polled 1,000 over-55s and found…

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  • Firms Face Fines For Failing To Report Gender Pay Gap

    Employers could face unlimited fines if they fail to comply with gender pay gap reporting regulations, the Equality and Human Rights Commission (EHRC) has warned. After the deadlines pass – 30 March 2018 for public sector organisations and 4 April 2018 for businesses and charities – the EHRC has said it will give employers 28 days to become compliant. Failure to meet requirements beyond this point could ultimately lead to a fine decided by courts,…

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  • Jobs
    BALL & YOUNG Recruitment 18

    Opportunity For A New Area Manager – Ball & Young Limited

    Ball & Young Limited have an opportunity for a new area manager covering the following areas: West Midlands, Gloucestershire, Hereford & Worcester, Northamptonshire, Oxford and Warwickshire Ball & Young Ltd – a leading manufacturer of a wide range of carpet and wood floor underlays and accessories, including CLOUD 9 – the Brand Leader. As an ambitious professional, you will welcome this outstanding opportunity to further your career with a high profile company. Experience of working…

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  • Freelancers Drive Self-Employment Growth

    Freelancers in highly-skilled occupations have driven growth in the UK self-employment sector over the past decade, according to a report. Drawing on data from the Office for National Statistics, the Association of Independent Professionals and the Self-Employed (IPSE) found that 4.4 million of the 4.8 million people in the UK who are self-employed work completely alone, and do not have any employees. Around 2 million of these workers are freelancers in highly-skilled managerial, professional and…

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  • Tender – Replacement of flooring and floorcoverings tender

    UNIVERSITY OF WOLVERHAMPTON ENTERPRISE LIMITED TENDER Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Floor coverings – 44112200 Floor-laying work – 45432110 Floor-covering work – 45432130 Location of contract West Midlands Value of contract — Published date 19 March 2018 Closing date 20 April 2018 Contract start date 01 August 2018 Contract…

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  • TENDER – Flooring works tender responsive repairs Swindon Council

    Swindon Borough Council Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Floor and wall covering work – 45430000 Location of contract South West Value of contract £42k Published date 20 March 2018 Closing date 12 April 2018 Contract start date 01 June 2018 Contract end date 31 March 2019 Contract is suitable…

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  • New Rules To Tackle VAT Evasion

    Online marketplaces that provide a platform for businesses to sell to UK-based consumers may be held liable by HMRC if those traders are not paying the correct amount of VAT. The joint-and-several liability (JSL) for online marketplaces, which was first announced in Autumn Budget 2017, came into force on 15 March 2018 in a bid to crack down on tax evasion. The new powers put the onus on online marketplaces to ensure their sellers are…

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  • MTD Pilot Opens To Self-Employed Businesses

    Self-employed businesses can voluntarily use software to manage their business records digitally and send income tax updates to HMRC, following the opening of its Making Tax Digital (MTD) pilot. The pilot became available to sole traders with income from one business from 15 March 2018. This means those who participate in the pilot can also see an estimate of how much tax may be owed as they go, instead of waiting until the end of…

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  • National Minimum Wage Rates From April 2018

    The national minimum wage and national living wage rates will rise from 1 April 2018. Eligible workers aged 25 and over who are not in their first year of an apprenticeship will be entitled to the new national living wage rate of £7.83. Those aged 21-24 will see their hourly wage rise to £7.38. Apprentices will benefit from a record rise of 5.7%, according to the government, with the hourly apprentice rate increasing to £3.70.…

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  • Savings Rates Cut On Growth And Income Bonds

    National Savings & Investments (NS&I) has reduced the interest rate it pays on Guaranteed Growth and Income Bonds for new customers. Interest on the 3-year Growth Bond has been reduced from 2.2% to 1.95%, while interest was also lowered from 2.15% to 1.9% for the 3-year Income Bond with effect from 6 March 2018. However, the rate on the 1-year version of both bonds has remained unchanged. Guaranteed Growth and Guaranteed Income Bond accounts can…

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  • Tender – 16-18 Flooring (Supply, Fit and Refurbishment)

    ESPO Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Materials and Products, Technology and Equipment, Mining and Ores, Construction and Real Estate Location of contract Any region Value of contract £8.0m Published date 05 March 2018 Closing date 05 April 2018 Contract start date 01 June 2018 Contract end date 31 May…

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  • Mothers Lack Financial Protection

    Many mothers in the UK are failing to protect themselves financially, according to research published ahead of Mother’s Day on 11 March 2018. Scottish Widows surveyed 5,077 adults, and revealed that 3 in 5 women with dependent children have no life cover, and only 13% have a critical illness policy. Almost a quarter (24%) of mums say they have not taken out life insurance because they don’t consider it a financial priority or don’t think…

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  • New Laws To Protect Company Directors

    Limited company directors are set to receive new laws to protect their identities from fraudsters later this year. Coming into effect by the end of summer 2018, the regulations will allow company directors to remove their personal addresses from the official Companies House register. The measure was introduced following research by fraud prevention organisation Cifas, which found that directors were “disproportionately targeted” by identity fraudsters. Company directors are the victims of 1 in 5 identity…

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  • Advisory Fuel Rates Update

    As of 1 March 2018, advisory fuel rates have been updated for employees’ usage of company cars. The following rates are now in place for petrol and LPG-fuelled cars provided by your employer, while the previous rates can be used until 1 April 2018. Engine size  Petrol – amount per mile  LPG – amount per mile  1400cc or less 11p 7p 1401cc to 2000cc 14p 8p Over 2000cc 22p 13p The following rates also apply…

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  • Tender – Supply and Fit Of Slip Resistant Flooring

    Published By: Hillcrest HA Ltd Publication Date: 02/03/2018 Deadline Date: 03/04/2018 Abstract: Hillcrest Housing Association Ltd part of the Hillcrest Group of Companies are inviting to tender for the our upcoming framework for the supply and fit of slip resistant flooring in our properties in various areas Section I: Contracting authority I.1) Name and addresses Hillcrest HA Ltd 1 Explorer Road Dundee DD2 1EG UK Telephone: +44 382564700 E-mail: [email protected] Fax: +44 382564705 NUTS: UKM…

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  • Chill on the UK high street continues

    Carpetright warned on profits for a second time today in just two months, slashing full year profit expectations whilst also confirming that it was in talks with its lenders to ensure that it complies with the terms of its banking facilities. The brutal winter hanging over the UK retail sector is showing no signs of letting up, as it moves further down the British high street. Consumers reining in their spending, in addition to an…

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  • Productivity Growth ‘Strongest Since 2008’

    UK productivity showed the strongest successive quarters of growth in the second half of last year, according to data from the Office for National Statistics (ONS). In the 6 months to December 2017, productivity growth saw higher levels than any 2 consecutive quarters since the recession struck in 2008. Hourly output – the ONS’ main measure of labour productivity – increased 0.8% between October and December 2017, following growth of 0.9% in the previous quarter.…

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  • More Workers Aim To Become Self-Employed

    The number of workers in the UK who plan to become their own boss has almost doubled in the past year, according to research. Aldermore polled 2,003 adults and found that 29% aim to start their own business in the future, up from 15% in 2017. Some 18% of those intend to make the switch in the next 12 months, while 28% believe they will give up full-time work to become their own boss within…

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  • Tender for the Fit Out of the Estates Mezzanine

    Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications.   Contract summary Industry Construction and Real Estate Location of contract BA1 3NG Value of contract — Published date 19 February 2018 Closing date 02 March 2018 Contract start date 12 March 2018 Contract end date 23 April 2018 Contract is suitable for SMEs? Yes Contract is…

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  • Provision of Refurbishment of Squash Court Tender

    Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Construction and Real Estate, Other Services Location of contract Any region Value of contract £15k Published date 20 February 2018 Closing date 08 March 2018 Contract start date 01 April 2018 Contract end date 15 May 2018 Contract is suitable for SMEs? Yes Contract…

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  • Cash ISA Rates Begin To Rise

    Interest rates on cash ISAs are finally starting to increase after years of low rates, according to a report by data provider Moneyfacts. The report showed that average rates for instant access ISAs went up from 0.68% in December 2017 to 0.78% in February 2018. Long-term fixed-rate ISAs also increased from 1.38% to 1.46% over the same time. Over the last decade, low interest rates have seen ISAs lose popularity among savers. In the 2016/17…

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  • Cleaning and Supply of Materials Tender – Wellington House

    Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications.   Contract summary Industry Construction and Real Estate, Environment and Sanitation Location of contract LS1 2DE Value of contract — Published date 19 February 2018 Closing date 05 March 2018 Contract start date 01 April 2018 Contract end date 31 March 2021 Contract is suitable for SMEs?…

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  • Carpets Tender for Government Hubs

    Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Materials and Products, Technology and Equipment Location of contract Any region Value of contract – Published date 19 February 2018 Closing date 26 March 2018 Contract start date 27 March 2018 Contract end date 18 March 2022 Contract is suitable for SMEs? Yes Contract…

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  • SMEs Spend 15 Days A Year On Tax Compliance

    The average small business in the UK spends £5,000 and 15 working days a year on tax compliance, a report claims. A study of 1,017 SMEs by the Federation of Small Businesses (FSB) found that businesses spent a total of 126 hours on tax administration. The most time-consuming taxes were VAT, PAYE and employer national insurance contributions, taking 95 hours a year combined. Around a quarter say the taxes they pay are difficult to understand.…

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  • Management Contract Tender

    Manchester City Council Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications.   Contract summary Industry Construction and Real Estate Location of contract North West Value of contract £150.0m – £190.0m Published date 13 February 2018 Closing date 19 March 2018 Contract start date 30 November 2018 Contract end date 30 April 2023 Contract is suitable…

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  • Retail Sales Statistics – Great Britain – January 2018

     Download as PDF  Table of contents Main points Statistician’s comment Things you need to know about this release Main figures for total retail sales Retail sales by store type Month-on-month contributions to growth by four main sectors Year-on-year contributions to growth by four main retail sectors A focus on food and non-food stores What is happening in other non-food stores as the main contribution to non-food stores? What’s the story in online sales? Links to…

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  • LPS CAS – Construction Partnering – RFQ 15189208 – Tender

    Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Construction and Real Estate Location of contract North West Value of contract £80.0m Published date 15 February 2018 Closing date 09 March 2018 Contract start date 02 July 2018 Contract end date 01 July 2022 Contract is suitable for SMEs? Yes Contract is suitable…

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  • Tender Refurbishment Works, Oldmachar Academy

    Publication Date: 15/01/2018 Section I: Contracting authority I.1) Name and addresses The Keegans Group The Centrum Building, 38 Queen Street Glasgow G1 3DX UK Telephone: +44 1412047855 E-mail: [email protected] NUTS: UKM82 Internet address(es) Main address: http://thekeegansgroup.com I.4) Type of the contracting authority Regional or local authority I.5) Main activity General public services Section II: Object II.1) Scope of the procurement II.1.1) Title Refurbishment Works, Oldmachar Academy II.1.2) Main CPV code 45453100 II.1.3) Type of contract…

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  • Tender Approved Contractor List – Harrogate – Application

    Harrogate Borough Council Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Construction and Real Estate Location of contract Yorkshire and The Humber Value of contract — Published date 12 February 2018 Closing date 12 March 2018 Contract start date 02 April 2018 Contract end date 01 April 2021 Contract is suitable for…

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  • Economic review: January 2018

    Download Economic Review as PDF  Table of contents Authors Main points Introduction Import intensity CPIH-consistent inflation rates for UK household groups Economic Statistics Transformation Programme: a flow of funds approach to understanding quantitative easing Recent releases Appendix 1: CPIH import intensities References Main points Import intensity It is possible to use data from supply and use input-output tables to generate estimates of import intensities for household consumption, capturing both goods imported directly for household consumption…

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  • State Pension ‘Worst In The Developed World’

    The state pension in the UK falls behind all other developed countries, according to data from the Organisation for Economic Co-operation and Development (OECD). The UK government pays 29% of average earnings, the lowest of all 24 countries in the OECD. This falls well below the average of 62.9% across these countries. Mexico joined the UK at the bottom of the list, with a slightly higher state pension of 29.6%. In contrast, the Netherlands has…

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  • Jobs
    CAT Logo

    Technical Sales Representative wanted – CAT

    Location: The North of England and Scotland. Established in 1986 Carpet Accessory Trims are a leading manufacturer of quality flooring profiles and accessories. JOB DESCRIPTION Your role will be to promote and sell C.A.T. product ranges to flooring contractors, retailers, wholesalers, architects, designers and related businesses. You will need to be self motivated with a background in sales and good organizational skills managing multiple projects and working closely with colleagues in our sales team. This…

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  • First-Time Buyers Soar To 11-Year High

    More first-time buyers took out mortgages in 2017 than any time over the last decade, according to research. A report by UK Finance showed that a total of 365,000 first-time buyer mortgages were completed last year – up 7.4% on 2016 and the highest number since 2006. However, mortgages for first-time buyers, home movers and buy-to-let purchases all fell in the final month of last year, compared to the same time in 2016. Around 30,800…

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  • Firms Urged Into Agency Worker Rethink

    The majority of firms that use agency workers have maintained or increased their use in the last 5 years, according to research. A survey by the Resolution Foundation of 500 firms found that 43% had increased their share of agency workers since 2012, and 46% had kept it the same. In comparison, only 9% decreased their use of agency workers during that time. Construction firms were the most likely to have increased their agency worker…

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  • Floor tiling tender – Kitchen contract 2018/19

    Lancaster City Council Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Other Services Location of contract North West Value of contract £95k Published date 09 February 2018 Closing date 28 February 2018 Contract start date 02 April 2018 Contract end date 31 March 2019 Contract is suitable for SMEs? No Contract is…

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  • 3 In 4 SME Owners Plan To Work Past Retirement Age

    Most leaders of small and medium-sized businesses plan to work past the age of 65, according to research. A survey by Aldermore of 1,008 senior SME decision-makers revealed that 73% of business owners are planning to work past their state pension age. Almost two-thirds (63%) of business owners would like to retire by 65, but only 37% think they will be able to. In fact, more than a third (35%) plan to work into their…

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  • A cautionary tale for the UK construction industry

    Over the last twelve months two of my clients involved in the construction industry have suffered joint visits by the HMRC VAT and Construction Industry Team. With the demise of local HMRC offices, this approach represents a change from previous HMRC practice. These visits were ostensibly to ensure that the clients had complied with VAT and CIS rules but turned out to be more in depth than was expected. It is beneficial to share some…

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  • Record Number Of Tax Returns Submitted On Time

    A record 10.7 million self-assessment tax returns were filed before the 31 January 2018 deadline, according to figures published by HMRC. Of around 11.4 million people who were required to submit tax returns for the year 2016/17, 93.5% successfully met the midnight deadline. However, many returns were left late, with over 4.8 million people submitting their returns online in January alone. More than a quarter of these were filed during the last 2 days of…

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  • Subcontractor Available – Huntsville Alabama USA

      Subcontractor and four-man crew avaiable – 6 years experience installing hard surfaces. Available immediately. Please contact Herman McIntire on email: [email protected] Click here to connect with me on LinkedIn.

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  • Carpet and Laminate Installation Services 2018 – 22 Tender

    Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Materials and Products, Technology and Equipment, Mining and Ores, Construction and Real Estate Location of contract L11 2SF Value of contract £130k – £150k Published date 02 February 2018 Closing date 22 February 2018 Contract start date 02 April 2018 Contract end date 31…

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  • Tender – renewal of the existing Sports Floor at Wirksworth Leisure Centre

    CP2850 – Renewal of the Existing Sports Floor at Wirksworth Leisure Centre, Hannage Way, Wirksworth, Matlock Derbyshire DE4 4EU. Derbyshire County Council Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Construction and Real Estate Location of contract East Midlands Value of contract £50k Published date 30 January 2018 Closing date 01 March…

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  • Taxpayers Reclaim £493m From HMRC

    HMRC has had to return nearly half-a-billion pounds to taxpayers since April 2015, according to analysis of government statistics. Royal London claims the Revenue is overcharging on two areas of the tax system, and has had to refund £493 million to taxpayers as a result. Savers using the new pension freedoms are among the hardest hit, as income tax on pension withdrawals is taken on an emergency tax basis. Taxpayers have had to claim back…

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  • Chancellor Calls For IHT Review

    Chancellor Philip Hammond has called for a review of inheritance tax (IHT), to make it “fit for purpose”. In a letter to the Office for Tax Simplification on 19 January 2018, he asked for proposals to be put forward to improve the “particularly complex” system. The chancellor suggested a focus on several areas of the system, including technical and administrative issues such as the tax returns process. He also recommended that the review should look…

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  • DPS for Construction Trades

    CAMBRIDGE CITY COUNCIL Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Construction and Real Estate Location of contract East of England Value of contract £10.0m Published date 19 January 2018 Closing date 29 December 2023 Contract start date 30 December 2023 Contract end date 31 December 2023 Contract is suitable for SMEs?…

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  • Startup Numbers Fall After IR35 Clampdown

    The formation of new companies incorporated in the UK dropped in 2017, according to data published by Companies House. Some 622,713 new companies were launched last year, down from 646,703 in 2016, representing a drop of around 4%. Commenting on the figures, the Centre for Entrepreneurs (CFE) claimed the decline is a result of the government’s tax clampdown on public sector contractors. Changes to rules surrounding IR35 came into effect in April 2017, which were…

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  • Tender – Planned Asset Maintenance & Investment Works

    Hanover Housing Association Open future opportunity – This means that the buyer is not yet ready to invite bid applications but early notification has been provided and some dialogue may be possible. Contract summary Industry Construction and Real Estate Location of contract North East, North West, Yorkshire and The Humber, East Midlands, West Midlands, London, South East, South West, Isle of Man, Channel Islands Value of contract £80.0m Published date 15 January 2018 Approach to…

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  • Tender Proposed Replacement Swimming Pool Tiling & Associated Works

    Embassy Pool, Skegness, Lincs – East Lindsey District Council Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Construction and Real Estate Location of contract East Midlands Value of contract £90k – £115k Published date 16 January 2018 Closing date 02 March 2018 Contract start date 23 July 2018 Contract end date 31 August…

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  • Tender to supply Non Slip Absorbent Floor Mats for Theatre Use

    University Hospitals of North Midlands NHS Trust Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Materials and Products, Technology and Equipment Location of contract West Midlands Value of contract £24k Published date 29 January 2018 Closing date 06 February 2018 Contract start date 01 May 2018 Contract end date 30 April 2021…

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  • Economy Growth Exceeds Forecasts

    The UK economy grew by 0.5% from October to December 2017, according to figures from the Office of National Statistics (ONS). This surpassed the Office for Budget Responsibility’s prediction of 0.4% growth for the quarter. Growth was particularly strong in the services sector, which expanded by 0.6% – a greater increase than its 0.4% rise in quarter Q3 2017. Production also grew by 0.6% in quarter Q4 2017, reaching an annual growth of 2%, largely…

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  • Government Reforms Funeral Payments Scheme

    The government is going ahead with its proposed changes to the Funeral Expenses Payment scheme, following a consultation in 2017. The scheme offers a contribution towards funeral costs for individuals in receipt of qualifying benefits. In a written statement posted on 22 January 2018, the government confirmed that it will be changing the eligibility conditions, to make the scheme easier to access and more widely available. From 2 April 2018, when the changes come into…

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  • 1 In 3 Tax Returns Still Outstanding

    A third of online tax returns are still outstanding, with less than a week to go before the 31 January deadline for online submissions, according to the latest HMRC figures. HMRC announced on 24 January 2018 that just over 3 million self-assessment tax returns have yet to be submitted. Around 8 million people have already filed their return for 2016/17. Self-assessment customers can submit their returns through their personal tax account. If you’re submitting it…

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  • Capital Gain Receipts Set To Hit New High

    HMRC is on course to take a record £8.8 billion in capital gains tax (CGT) between January and March 2018, according to the Office for Budget Responsibility (OBR). The prediction is in line with forecasts set by the OBR following the Autumn Budget 2017. CGT is charged on the disposal of assets that have increased in value, with the gain in value being taxed rather than the amount of money received. Taxes on any gains…

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  • Tender for Screeds and Concrete Floors

    CA4527 – South Devon College Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Construction and Real Estate Location of contract TQ4 7EJ Value of contract £350k Published date 10 January 2018 Closing date 02 February 2018 Contract start date 02 April 2018 Contract end date 30 June 2019 Contract is suitable for SMEs?…

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  • BMF responds to UK Government Industrial Strategy

    Responding to the UK Government’s much-anticipated Industrial Strategy, John Newcomb, Chief Executive of the Builders Merchants’ Federation (BMF) said: “The BMF is pleased to see the Industrial Strategy recognises and showcases the construction industry through the announcement of a Construction Sector Deal. “We believe that people and skills are the single most important aspect for the success of the deal and indeed, the Industrial Strategy. The BMF has long argued for parity of esteem between…

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  • Maintenance & Supply and Installation for Floor Coverings and Associated Services

    LEIDOS SUPPLY, LIMITED Open early engagement – This means that a procurement idea is currently active, it is in the early stage of development and judging interest from potential suppliers. Contract summary Industry Materials and Products, Technology and Equipment, Construction and Real Estate Location of contract Any region Published date 16 January 2018 Closing date 31 January 2018 Description Team Leidos (TL) is seeking to run a soft market testing (SMT) exercise for its Reactive…

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  • ‘Superstar’ SMEs Could Be Worst Hit By Effects Of Brexit

    Innovative small and medium-sized businesses could be the most negatively affected by Brexit, according to a study from academics at the University of St Andrews. Drawing on a previous government survey of about 10,000 SMEs, researchers analysed the potential impacts of Brexit on small businesses. The analysis suggested that as a result of uncertainty caused by Brexit, SMEs could see reduced levels of capital investment, access to external finance, growth, product development and business internationalisation.…

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  • Most Firms Call For Apprenticeship Levy Replacement

    More than half (53%) of employers who pay the apprenticeship levy would prefer a training levy, according to a study. The apprenticeship levy, which has been in effect since 6 April 2017, means businesses with an annual pay bill of more than £3 million must pay the levy towards apprenticeship funding. The levy is charged at 0.5% of the annual pay bill, and each employer receives an allowance of £15,000 to offset against their levy…

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  • SMEs In Carillion Supply Chain Could Be Left Unpaid

    Thousands of small businesses supplying services to Carillion face financial hardship after the stricken construction conglomerate entered liquidation. Carillion collapsed on 15 January 2018 under the weight of debts amounting to £1.5 billion after several banks refused to provide any further financial support. As a result, trade body Build UK claims that between 25,000 and 30,000 small businesses in Carillion’s supply chain could be left unpaid. While the government vowed to support public sector contracts…

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  • 48% Of SMEs Rely On Unprotected Loans

    Nearly half of SME owners are using unprotected loans to fund their business, according to research from Old Mutual Wealth. A poll of 250 small and medium-sized business owners revealed that 48% have unprotected loans or debts, and 60% had used their personal savings to fund their business. These findings followed the release of a quarterly survey by the Federation of Small Businesses (FSB), which reported low confidence among small businesses at the end of…

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  • More Men Are Working Part-Time

    According to a report by the Resolution Foundation, almost 1 in 8 men are working part-time in 2018, compared to fewer than 1 in 12 in 1997. While hours worked by men in lower paid jobs decreased, men in higher paid roles were found to be working more. The report claims this has led to a polarised labour force, as median-pay jobs have declined while lower and higher paid jobs have increased. The share of…

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  • 1 In 5 Landlords Intend To Sell Up

    The number of landlords planning to reduce their residential portfolio has hit a 10-year high, according to the National Landlords Association (NLA). Research by the NLA, which has more than 65,000 members, shows 20% of landlords are considering selling up after the government announced a series of tax changes. These include the withdrawal of mortgage interest relief for higher and additional rate taxpayers, a 3% surcharge on additional property purchases and a ban on upfront…

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  • HMRC Bans Credit Card Payments

    Taxpayers will no longer be able to use their personal credit card to pay their annual tax bill from Saturday 13 January 2018. HMRC is withdrawing this method of payment less than 3 weeks before its deadline for online tax returns – and any money owed for 2016/17 – by midnight on 31 January 2018. Withdrawing this facility builds on the EU’s payment services directive, which bans companies – including the Revenue – from charging…

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  • Card Surcharges To Be Banned

    From 13 January 2018, it will be illegal for businesses to charge customers an extra fee for paying by credit or debit card, under the EU’s Payment Services Directive 2. Though this could save money for consumers, the costs for businesses may have to be balanced elsewhere. Some retailers are considering introducing new service charges, increasing shelf prices or refusing to accept credit card payments altogether. It will also still be legal to require a…

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  • Average Earner Will Need £300,000 Pension Pot

    The average earner will need a combined pension pot of around £300,000 to maintain their pre-retirement lifestyle, according to analysis from Aegon. The figure is based on findings from the government’s auto-enrolment review, published in December 2017, which set out the percentage of earnings that savers should aim for in order to maintain their lifestyle. According to these rates, an individual on average earnings of £27,000 should be aiming for a retirement income of 67%…

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  • Flooring Coverings – Supply, Installation Tender

    Flooring Coverings – Supply, Installation and Associated Services Framework – Market Engagement Northern Procurement Group Limited Open early engagement – This means that a procurement idea is currently active, it is in the early stage of development and judging interest from potential suppliers. Contract summary Industry Materials and Products, Technology and Equipment Location of contract Any region Published date 21 December 2017 Closing date 26 January 2018 Description This Prior Information Notice is not a…

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  • National Museums Liverpool Carpet Renewal Tender

    National Museums Liverpool Carpet Renewal in Streets and World Culture Gallery at World Museum Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Construction and Real Estate Location of contract North West Value of contract — Published date 20 December 2017 Closing date 15 January 2018 Contract start date 22 January 2018 Contract…

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  • Vinyl and wet room floor covering Tender – Nottingham City Homes Ltd

    Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Materials and Products, Technology and Equipment, Mining and Ores Location of contract East Midlands Value of contract £400k Published date 21 December 2017 Closing date 05 January 2018 Contract start date 09 February 2018 Contract end date 08 February 2021 Contract is suitable for…

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  • Government Begins Process To Reverse ‘Staircase Tax’

    The government has published draft legislation to reverse the impact of the so-called ‘staircase tax’ to ease pressure on business owners. This follows a Supreme Court judgement which saw businesses operating in more than one unit in a shared building facing multiple bills where they had previously received one. Firms in adjoining units, which used a communal staircase between floors, were taxed as if they occupied separate properties. Some businesses also faced higher rate bills,…

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  • Tender – Flooring Framework (Coventry)

    WM Housing Group Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications. Contract summary Industry Materials and Products, Technology and Equipment, Mining and Ores, Construction and Real Estate Location of contract CV1 2UR Value of contract £80k – £106k Published date 08 December 2017 Closing date 06 January 2018 Contract start date 12 February 2018 Contract…

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  • Tender – The Supply, Installation & Maintenance of Floor Coverings

    University of Leeds Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications.   Contract summary Industry Materials and Products, Mining and Ores Location of contract Yorkshire and The Humber Value of contract — Published date 17 December 2017 Closing date 24 January 2018 Contract start date 30 April 2018 Contract end date 29 April 2020 Contract…

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  • Auto-Enrolment To Start At 18

    The starting age for automatic enrolment into workplace pensions will be lowered from 22 to 18, under new government plans. Auto-enrolment was introduced in 2012 and has seen participation in workplace pensions rise from 55% to 78% of all eligible employees in 2016 – an increase of around 6 million people. Extending the scheme to include younger people will add an estimated 900,000 workers saving into workplace pensions, adding £770 million to annual savings. As…

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  • Most Small Businesses Are Not Ready For MTD

    The overwhelming majority of business owners remain in the dark over making tax digital (MTD), according to government research. Ipsos Mori polled 2,900 small businesses and landlords for HMRC and found that 71% were unaware of the requirement to submit quarterly updates from 2020. A further 13% had heard of the requirements but knew nothing about them. MTD will mean most businesses and taxpayers access their tax affairs online through digital accounts from 2020. VAT-registered…

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  • Scotland Brings In New Income Tax Bands

    Higher earners in Scotland will be paying more income tax in 2018/19 than anywhere else in the UK. Finance secretary Derek Mackay decided to introduce 2 new Scottish income tax bands in his Draft Budget 2018/19, which was delivered on 14 December 2017. A new starter rate of income tax will see those earning less £13,850 a year paying 1 percentage point less than in 2017/18, at 19p in the pound. However, earnings between £24,000…

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  • Carpetright – Profits are below market expectations

    A sluggish housing market and lower consumer confidence have certainly caught up with Carpetright. Profits are below market expectations and the tone of its guidance statement is decidedly gloomy despite some positive revenue signs coming through early in the second half. Competition is also biting, with intense margin pressure not just evident in the Netherlands and Belgium: the UK operating margin has slumped a whole 0.7 percentage points to 1.9%. Management is working hard to stave off the competition…

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  • Carpetright plc Interim Results Announcement

    “Significant progress made in core UK flooring business – first half performance impacted by short term UK beds clearance and losses in Rest of Europe. Current trade encouraging but taking a more cautious view of second half prospects” Financial highlights Group Group revenue increased 2.6% to £228.1m (H1 FY17: £222.3m) (note 1) Underlying profit before tax of £2.1m (H1 FY17: £5.1m)(note 2) Net debt of £22.8m (H1 FY17: net cash £0.4m) reflecting the continued investment…

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  • 4 In 5 Entrepreneurs Are Optimistic About 2018

    Despite economic concerns and uncertain trading relations with the EU, most start-up founders in the UK are confident about how their business will fare in 2018. In research revealed by the Institute of Directors (IoD), 83% of entrepreneurs expressed optimism about their business’ prospects over the next 12 months. At the same time, survey participants were aware of the potential challenges they will face. First on the list of these concerns was the uncertainty caused…

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  • Tender – National Museums Liverpool – Sudley House Refurbishment Works

    National Museums On Merseyside Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications.   Contract summary Industry Construction and Real Estate, Other Services Location of contract North West Value of contract — Published date 06 December 2017 Closing date 15 December 2017 Contract start date 19 January 2018 Contract end date 29 March 2018 Contract is…

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  • Tender – Term Contracts for Responsive Repairs and Major Works – NN8 1BQ

    Term Contracts for Responsive Repairs and Major Works – In-House Team Support Contract Streams 1A/B/C/D/E/F: General Building Works/Roofing Works/Flooring Works/Drainage Works/Waste Management/Asbestos Removal. Wellingborough Homes Open opportunity – This means that the contract is currently unfulfilled but active, and the buying department is looking for potential suppliers to contact them with bid applications.   Contract summary Industry Other Services Location of contract NN8 1BQ Value of contract £1 – £200k Published date 28 November 2017…

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