Personal service companies & IR35
The term “IR35” refers to a piece of legislation introduced in 2000 aimed at addressing the inappropriate use of personal service companies (PSCs) to circumvent tax obligations. Although a “personal…
Economics Insights
Business rates appeals: England
Constituency Casework Page Overview: Navigating Business Rate Appeals Understanding Rateable Values Business rate bills encompass the property’s rateable value, determined by the Valuation Office Agency (VOA), and distinct from the…
Business statistics
Businesses by size As of the start of 2022, the UK was home to 5.5 million private sector businesses, marking a 1.5% decline compared to 2021. This decrease was…
Economic Update: Have interest rates peaked?
At its most recent policy meeting, the Bank of England opted to maintain the status quo regarding interest rates, following a string of hikes, in light of diminishing inflation and…
Economic update: UK economy not growing but not shrinking
The UK’s economic narrative this month predominantly showcases a stable yet stagnant scenario, with major indicators like GDP exhibiting minimal fluctuations. While the economy, gauged through GDP, has maintained a…
Overview of Immigration Fees in the UK
Individuals seeking visas, residence permits, or citizenship in the UK typically incur associated fees. Over the past two decades, these fees have seen a noticeable hike. To illustrate, indefinite stay…
Industry-wise Economic Output in the UK
The backbone of the UK’s economy is its service sectors, encompassing areas such as retail, hospitality, finance, professional services, and business administration. In 2021, these service sectors infused the UK’s…