News

Kent Fire and Rescue Service will be working hard to provide a service during the strike and will be locating fire engines at strategic locations around the county to provide the best cover possible.  They will be taking 999 calls, but the service will not be at the normal level, so they need businesses to…

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Self-employed Status Rules to be Investigated

Posted on Thursday, February 12th, 2015

Business Secretary Vince Cable has pledged to investigate the practice of firms inappropriately contracting workers on self-employed status. This follows the recent case in which over 1,000 self-employed drivers working for City Link didn’t receive redundancy pay or back pay when the firm went into administration. The Government will review the wider implications for self-employed…

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Self-employed Facing Mortgage Difficulties

Posted on Thursday, February 12th, 2015

Tougher rules on lending are making it more difficult for self-employed workers to secure a mortgage, according to the Intermediary Mortgage Lenders Association (ILMA). In a survey carried out by the ILMA, seven in ten mortgage brokers (71%) agreed that tougher assessments of customers’ income and expenditure were having an impact on lending, while 56%…

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Regulator to Remind Employers of Auto-enrolment Date

Posted on Thursday, February 12th, 2015

The Pensions Regulator will be sending out letters to small firms and micro-employers in the coming months to inform them of their ‘staging date’, which is the date by which they must be ready to implement automatic enrolment. Research carried out by the Regulator suggests that significant numbers of small firms are still unaware of…

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Increased Debt Recovery Court Fees Announced

Posted on Thursday, February 12th, 2015

Significant increases to court fees have been announced by the Ministry of Justice, in a move which could negatively impact small firms. From April 2015, the fee to issue proceedings to recover more than £10,000 will increase to 5% of the sum claimed, with the maximum fee being capped at £10,000. For claims of £10,000…

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Energy Efficiency Rating for Commercial Property Confirmed

Posted on Thursday, February 12th, 2015

From 1st April 2018, commercial property in England and Wales will need to have an energy efficiency rating of at least Band E before it can be let to a new or existing tenant, the Department of Energy and Climate Change (DECC) has confirmed. However, landlords will be protected from having to make improvements that…

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The funding can be used to support a wide range of activities such as: ISO14001 and ISO50001 accreditation Energy audits and consultancy Energy management software Energy efficient equipment (excluding IT and capital expenditure) And much more… We are here to help, so contact the team info@grantsforecoinnovation.co.uk to see if you could be eligible or discuss…

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Consultation on Unfair Contract Terms Guidance

Posted on Thursday, February 12th, 2015

The Competition and Markets Authority (CMA) is seeking views about draft guidance on provisions of the Consumer Rights Bill relating to unfair contract terms. The Bill, which is expected to become law later this year, consolidates existing unfair contract terms legislation. Respondents are not being asked for their views about the legislation, but rather for…

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Consultation on Trade Bodies Late Payment Powers

Posted on Thursday, February 12th, 2015

The Department for Business (BIS) is consulting on proposals to give trade bodies the power to challenge any payment terms and practices which are deemed to be ‘grossly unfair’, on behalf of their members. The consultation, which closes on 9th March 2015, is seeking views about issues such as whether an individual firm or a…

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Company Naming Rules Relaxed

Posted on Thursday, February 12th, 2015

Legal restrictions concerning company names have been relaxed by Companies House. The number of words that must be disregarded when establishing whether a proposed company name is the same as an existing registered company has been reduced. The list of sensitive words and expressions that cannot be used in a company name without consent has…

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