Business News
Business news that matters to you from floors magazine and floorinsite.com.
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Pension Annual Allowance Reduced
People saving towards their pension could miss out on the tax relief due to confusion around the new pensions tapered…
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Firms Cutting Staff Perks To Fund National Living Wage
Chancellor George Osborne has warned businesses on cutting staff perks and overtime pay rates to cover the costs of the…
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ABI Seeks To Simplify Pension Language For Customers
A new pensions language guide has been launched by the Association of British Insurers (ABI) to help reduce the level…
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ABI Seeks To Simplify Pension Language For Customers
A new pensions language guide has been launched by the Association of British Insurers (ABI) to help reduce the level…
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Data Breaching Risk Underestimated By SMEs
Government figures show that data breaching costs SMEs an average of £310,800, according to research by Experian UK. The businesses…
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New Build Office gets First Class Flooring
Commercial floor and wall covering specialists, A Cumberlidge Ltd, have delivered a first class finish to a brand new office…
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Economic Review: April 2016
Table of contents Authors Main points Introduction GDP Current account and FDI Trade Labour Market Prices Housing tenure Reference tables…
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HMRC Tax Fraud Strategy Criticised By Committee
HMRC is not doing enough to tackle tax fraud, according to a report by the Public Accounts Committee (PAC). Findings…
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New premises for Preptec with Trade Counter
Preptec Equipment Services started business in 2013 and supply a wide range of surface preparation related products and services to…
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Flexible Working Key Factor In Retaining Employees
28% of working adults cite flexible working as a key factor in remaining with their current employer. The Chartered Institute…
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Consumers Failing To Identify Signs Of Pension Fraud
88% of people fail to identify common warning signs of pension fraud, according to a report by Citizens Advice. There…
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Productivity Fell In Final Quarter Of 2015
Labour productivity (measured as output per hour) fell by 1.2% in the final quarter of 2015, according to latest figures…
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Quarterly Business Tax Returns Questioned By Independent Watchdog
The Administrative Burdens Advisory Board (ABAB), an independent oversight body for HMRC, has “significant concerns” about the government’s plans to…
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CRUK advises retailers on recycling carpet waste
Retailers can gain advice from Carpet Recycling UK on the best recycling routes for carpet fitting waste and uplifted post-consumer…
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Savers Lack Understanding Of Savings Options
Savers are potentially missing out due to not understanding the range of savings options available to them, particularly the personal…
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Tax Credit Overpayment Change Introduced
A number of changes relating to the way that tax credit changes have come into force from 6 April 2016.…
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Wool is ‘the’ Winner at the International Wool Carpet & Rug Awards 2016
The Campaign for Wool hosted its first Awards event celebrating the wool carpet and rug industry at Stamford Bridge last…
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New Tax Year Brings Changes For Savers
The start of the new tax year signals the arrival of a range of changes to taxation for businesses and…
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Retail Sales: February 2016
1.Main points Year-on-year estimates of the quantity bought in the retail industry showed growth for the 34th consecutive month in…
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Range Of Tax Changes For Businesses
Several tax changes have come into effect from 1 April 2016 that will affect businesses. The following tax changes have…
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Stamp Duty Changes Come Into Effect
Stamp Duty Changes Come Into Effect 1 Apr 16 New stamp duty rates for people investing in buy-to-let property and…
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Starter Home Plan Announced
Housing sites of 10 homes or more will need to make 1 house in 5 a starter home under new…
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Demand For Cashing In Pensions “Settling Down”
A year on from the introduction of pension freedoms in 2015, the demand for cashing in pensions pots…
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Gender Pay Gap Contributing To Productivity Problem
The gender pay gap represents a significant loss to productivity, according to research by the Women and Equalities Committee (WEC).…
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Europe’s Insulation Market is still Hibernating
New Study on Thermal Insulation released by Interconnection The long-term stagnation in Europes insulation market continues. In 2015, the industry…
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