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England and Company We are a firm of Chartered Certified Accountants, Chartered Tax Advisors and Registered Auditors.

A new electricity-cost relief scheme, the British Industrial Competitiveness Scheme (BICS), launched on 1 October, aims ...
19/10/2026

A new electricity-cost relief scheme, the British Industrial Competitiveness Scheme (BICS), launched on 1 October, aims to support small businesses by reducing electricity costs by up to 25%. Over 10,000 businesses may qualify, particularly in foundational industries. Eligible businesses can receive an additional lump-sum payment. To qualify, companies must meet specific criteria, including registration with Companies House and sufficient electricity use. Applications close on 30 November 2026. How do you think this scheme will impact small businesses? Share your thoughts below! 😊
πŸ‘‰πŸ»https://www.englandandcompany.co.uk/

A new consultation proposes loosening company reporting standards to support long-term economic growth in the UK. Key pr...
12/10/2026

A new consultation proposes loosening company reporting standards to support long-term economic growth in the UK. Key proposals include extending audit exemptions to medium-sized companies, simplifying reporting for SMEs, and replacing the current distributable profits regime with a solvency-based approach. The government aims for clarity, flexibility, and proportionality in reporting requirements. While these changes could ease burdens on businesses, they may raise concerns about self-regulation. What are your thoughts on these proposed changes to corporate reporting? Share your comments below! 😊
πŸ‘‰πŸ»https://www.englandandcompany.co.uk/

Britain faces a significant workforce challenge, with over one in five working-age adults out of work due to ill-health ...
05/10/2026

Britain faces a significant workforce challenge, with over one in five working-age adults out of work due to ill-health and disability. Reports highlight that around 300,000 people exit employment each year because of health conditions, with only a 3.8% chance of returning within a year. Chronic illnesses, mental health issues, and a breakdown in communication between employers and sick employees exacerbate the problem. Sir Charlie Mayfield emphasizes the need for proactive support and flexible working arrangements to help retain staff. How do you think employers can better support employees facing health issues? Share your thoughts below! 😊
πŸ‘‰πŸ»https://www.englandandcompany.co.uk/

Mayors across England will gain the authority to impose a tourist tax on overnight stays for both British and foreign vi...
28/09/2026

Mayors across England will gain the authority to impose a tourist tax on overnight stays for both British and foreign visitors. This tax will be a percentage of the total spend rather than a flat fee, with funds potentially allocated for tourism-related initiatives at the discretion of local authorities. Accommodation providers will handle the levy through a self-assessment process, deciding whether to pass the charge to customers. Local consultations will precede the levy’s introduction, with some exemptions for charitable accommodations. How do you feel about the introduction of a tourist tax in your area? Share your thoughts below! 😊
πŸ‘‰πŸ»https://www.englandandcompany.co.uk/

Chancellor John Healey has outlined plans to boost growth, reduce red tape, and maintain fiscal responsibility, particul...
21/09/2026

Chancellor John Healey has outlined plans to boost growth, reduce red tape, and maintain fiscal responsibility, particularly for Nationally Significant Infrastructure Projects. He criticized delays caused by the current judicial review process, which he deemed harmful to investment. Proposed measures include allowing Parliament to designate key infrastructure projects for enhanced legal protection, introducing a fixed Challenge Window to address legal issues earlier, and minimizing unnecessary consultations. Healey aims to double the number of UK unicorn companies valued over £1 billion. What do you think about these proposed changes to support growth? Share your thoughts below! 😊
πŸ‘‰πŸ»https://www.englandandcompany.co.uk/

Companies House is updating its login process, requiring all users to transition to the GOV.UK One Login system. From De...
14/09/2026

Companies House is updating its login process, requiring all users to transition to the GOV.UK One Login system. From December, objections to a limited company being struck off must be submitted through the β€˜Make an objection’ online service, with email submissions no longer accepted. Existing users can continue using their current login details temporarily, but will eventually need to switch to the new system. Each user must create their own account, as shared accounts will trigger security checks. How do you feel about these changes to the Companies House login process? Share your thoughts below! 😊
πŸ‘‰πŸ»https://www.englandandcompany.co.uk/

Ofgem has announced a 4% increase in the energy price cap for domestic customers from 1 October to 31 December 2026, dri...
07/09/2026

Ofgem has announced a 4% increase in the energy price cap for domestic customers from 1 October to 31 December 2026, driven by higher wholesale gas prices amid ongoing Middle East conflicts. Although this change affects only households, rising wholesale energy costs may indirectly raise prices for commercial contracts. The price cap limits rates for about 22 million households on default tariffs and is updated quarterly to reflect supply costs. How do you think these energy price changes will impact household budgets? Share your thoughts below! 😊
πŸ‘‰πŸ»https://www.englandandcompany.co.uk/

The latest labour market figures from the Office for National Statistics reveal strains in the UK jobs market. Job vacan...
31/08/2026

The latest labour market figures from the Office for National Statistics reveal strains in the UK jobs market. Job vacancies fell to 707,000 in the three months to July, the lowest since 2014, as smaller firms hesitate to hire due to rising costs. The unemployment rate remains at 4.9%, while the employment rate for 16- to 64-year-olds is 75.1%. Regular pay growth has slowed to 2.8% in the private sector, contrasting with 6.1% in the public sector. Overall, the labour market appears subdued. How do you see these trends affecting your industry? Share your thoughts below! 😊
πŸ‘‰πŸ»https://www.englandandcompany.co.uk/

Many businesses struggle with translating increased sales into profits. A structured 12-month profit improvement plan al...
24/08/2026

Many businesses struggle with translating increased sales into profits. A structured 12-month profit improvement plan allows you to assess factors driving financial performance. Start by reviewing sales, gross profit, customer profitability, and overhead costs to identify variations in profitability. Model different scenarios to gauge potential impacts on profit margins. Small margin improvements can yield significant benefits. Regularly review your plan to ensure alignment with targets and adjust strategies as needed. What strategies are you considering for profit improvement this year? Share your thoughts below! 😊
πŸ‘‰πŸ»https://www.englandandcompany.co.uk/

Chancellor John Healey has announced that Budget 2026 will be presented on 28 October 2026. He emphasized that the Budge...
17/08/2026

Chancellor John Healey has announced that Budget 2026 will be presented on 28 October 2026. He emphasized that the Budget aims to redistribute money and power from Westminster to communities across Britain, while ensuring the government adheres to its fiscal rules. The Office for Budget Responsibility (OBR) will also release its latest economic and fiscal forecast alongside the Budget. For concerns about how existing or proposed tax measures may impact you, feel free to reach out. What changes are you hoping to see in the upcoming Budget? Share your thoughts below! 😊
πŸ‘‰πŸ»https://www.englandandcompany.co.uk/

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