The cycle to work scheme encourages employees to cycle to work and allows employers to reap the benefits of a healthier workforce. Employers of all sizes can set up a tax exempt scheme. Basically, employers can loan a cycle and associated safety equipment to an employee without the employee suffering a taxable benefit-in-kind charge. In […]
New support for home based businesses
It is estimated that seven out of ten small businesses are managed in the first instance from home. Home based entrepreneurs contribute £300 billion to the UK economy. It is not surprising, therefore, that the Government have woken up and realised that they should be supporting this sector. Recently, the Business Minister, Matthew Hancock, announced […]