Autumn Budget Statement 2013

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Cash Flow is King: 5 guides to keeping your business bank balance in good health

Here are just some of the ways in which you and your business can ensure your cash flow remains healthy: 1. Speedy Invoicing Whilst there’s the temptation to leave invoicing until the end of the month and deal with them in bulk, it’s clear that the quicker you can raise an invoice to your clients, …

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New HMRC Taskforce to target undeclared income in South East and South

HM Revenue & Customs are targeting tax cheats in the South East and South of England with the setting up of a new taskforce. The task force aims to recover £2.8 million of tax on undeclared income of individuals and businesses. Those living lifestyles beyond their obvious means through assets from undeclared income and offshore …

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Ilken Energy Limited

As part of an International Group, Ilken Energy Limited manufacture and market power generators aimed at the contractor market. Their unique skill lies in manufacturing their own generator sets at their factory in Turkey; it allows the company to provide products to their customers with the flexibility, price and lead time required, whilst remaining in …

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1.6m say ‘I’m in’ to auto-enrolment

More than 1.6 million people have started saving for retirement under the government’s auto-enrolment initiative. The rollout of automatic enrolment of eligible employees into qualifying workplace pension schemes began on 1 October 2012 with the largest employers. All employers will be brought on board by 2018, giving up to 11 million people the chance to …

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Shake-up on way for insolvency rules

Businesses and individuals affected by insolvency are set to benefit from moves to bring insolvency rules into the 21st century. In a consultation document published on 26 September, the Insolvency Service proposes streamlining 24 different rules and regulations and harmonising processes, such as meetings of creditors, which apply across different insolvency procedures, to make them …

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Cable pledges crackdown on ‘rogue’ directors

Business Secretary Vince Cable has announced plans for reforms to make sure directors face “the strongest possible consequences” if they act improperly. Dr Cable said on 16 September that he planned to introduce legislation, before the current Parliament ended, to bring in proposals including: strengthening rules to give investors and creditors the confidence that rogue …

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