Author: Sam Allcock

Kaye Adams’ ten-year tax battle with HMRC reaches a conclusion with no appeal.The case highlights issues with HMRC’s IR35 tax regulations for contractors.Adams maintained her self-employed status throughout multiple tribunal victories.HMRC decided not to appeal due to prolonged litigation and lack of binding precedent.Adams’ legal fight prompts debate on fairness in HMRC’s treatment of freelancers.After a protracted legal battle spanning a decade, Kaye Adams has achieved victory against HMRC in a contentious tax dispute. The tax authority has decided not to appeal her latest court win, effectively bringing the case to a close. The outcome has put a spotlight on…

Spar has appointed Michael Fletcher as its new UK Managing Director, bringing significant experience from his previous roles at Nisa and The Co-op.Michael Fletcher, a seasoned professional with an extensive background in retail and wholesale management, has been named as Spar’s UK Managing Director. Fletcher’s career trajectory includes key leadership positions, having been CEO of Nisa Wholesale until 2022, and prior to that, serving as Chief Commercial Officer at The Co-op. His foundational experience stems from a two-decade stint at Tesco, where he held various commercial roles across the UK, Ireland, and Asia.Post his departure from Nisa, Fletcher engaged in…

October sees a decline in food inflation rates, dropping to 1.9%, as highlighted by the British Retail Consortium (BRC).The British Retail Consortium (BRC) has released figures showing a notable decrease in food inflation for October, with rates falling to 1.9% from 2.3% in September. This decline was observed particularly in categories such as meat, fish, and tea. Helen Dickinson, CEO of the BRC, stated that chocolate and sweets also experienced reduced inflation, aided by seasonal promotions and customer deals.Fresh food inflation showed a similar downward trend, decreasing to 1% from the previous month’s 1.5%. Meanwhile, ambient food inflation saw a…

Hits Radio Liverpool is set to leave its base in St John’s Beacon, concluding a 25-year chapter.The station’s owner, Bauer Media, has opted not to renew the lease at the prominent Radio City Tower.Radio City Tower, a landmark in Liverpool, has a long history, including once housing a revolving restaurant.The move marks a shift in broadcast locations, with plans to continue operations from another city site.Liverpool Community Radio has clarified that it will not be moving into the soon-to-be-vacant space.Hits Radio Liverpool is preparing to say farewell to its long-standing home at St John’s Beacon, widely recognised as the Radio…

In today’s rapidly evolving crypto market, presales present rare yet lucrative opportunities for investors. These offerings allow early access to emerging tokens before they hit mainstream exchanges. For those keen on discovering the next big investment opportunity, we’ve compiled a list of top crypto presales that could yield significant returns.Crypto presales offer an enticing entry point, often at reduced prices, setting the stage for potential growth. These opportunities are scarce, making it crucial to act swiftly. In the following sections, we explore leading projects that promise substantial rewards for early backers.Understanding the Value of Crypto PresalesCrypto presales provide investors with…

Marks & Spencer is encountering increased financial pressures due to changes in national insurance contributions and wage hikes.M&S’s chief executive, Stuart Machin, emphasises efforts to avoid transferring these costs to consumers.The national insurance rise could increase M&S’s tax bills by £60 million, impacting overall expenses.Increased minimum wage requirements add a further £60 million to labour costs for M&S.Despite financial challenges, M&S reports positive growth in profits and share prices.Marks & Spencer is likely to face increased costs resulting from the government’s decision to raise national insurance contributions and decrease thresholds for employer contributions. These changes are anticipated to raise M&S’s…

Private schools are challenging the new VAT policy, arguing it discriminates against certain institutions.The Independent School Council (ISC) represents 1,400 schools and argues the tax affects SEND, faith-based, and arts-specialist schools.The ISC has hired Lord Pannick KC to pursue a judicial review, claiming the policy breaches human rights.Families relying on these schools for SEND provisions may not find alternatives in the state sector due to this tax.The VAT measure is expected to generate £1.7 billion annually but also disrupts the educational landscape.Private schools across the United Kingdom are gearing up to take legal action against the new policy imposing VAT…

Chancellor Rachel Reeves addresses concerns over new tariffs as Donald Trump is re-elected, emphasising the importance of UK-US trade ties.Reeves reassures the commitment to “free and open trade” amidst Trump’s tariff threats.UK prepares to negotiate with the US as it prioritises domestic manufacturing.Reeves highlights UK’s significant £311bn trading partnership with the US.The Chancellor maintains optimism for mutual economic benefits despite potential trade challenges.In the wake of Donald Trump’s re-election, Chancellor Rachel Reeves has taken steps to alleviate concerns over potential tariffs on UK goods. During her first public comments following the election, Reeves reiterated the UK’s commitment to maintaining “free…

Source has been appointed to lead the PR strategy for Skipton Business Finance, enhancing its online presence.The collaboration aims to bolster brand recognition for Skipton Business Finance among SMEs across the UK.Source will manage digital marketing, PR, and SEO strategies for the financial solutions provider.Key sectors targeted for increased visibility include recruitment and manufacturing, with plans for expansion.The partnership builds on Source’s successful track record in the finance industry, aiming for significant growth.Leeds-based marketing communications agency, Source, has taken on the task of managing the Public Relations strategy for Skipton Business Finance. This partnership is set to enhance Skipton Business…

The UK’s Budget 2024 introduces a significant £40bn tax hike, sparking widespread discussion on its economic implications.A 1.2 percentage point rise in National Insurance Contributions is expected to put pressure on companies.Capital Gains Tax increases raise concerns for tech sectors reliant on investment.Small businesses face challenges but find some relief through allowances.Mixed feelings arise over extended inheritance tax thresholds, aiming to stabilise public finances.The UK’s Budget for 2024 has brought about substantial discourse with its unprecedented £40bn tax increase. Central to this budget is a 1.2 percentage point hike in National Insurance Contributions (NICs) for employers, which will increase the…