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Latest news from bira

22.03

The paper £5 note will be withdrawn on 5 May 2017

Paper £5 notes, featuring Elizabeth Fry on the reverse, will be withdrawn from circulation on 5 May 2017.  They can be used normally until then. Some retailers, banks and building societies may choose to accept paper £5 notes after the withdrawal date, however this is at the discretion of the individual institution. The Bank of […]

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By saraharnesen | Read more

20.03

Inheritance tax risk from Govt pension fund

Those on Government-backed pension scheme, Nest, could be hit by taxes of up to 40%.  NEST’s maximum contribution cap will be lifted in April this year, allowing members to contribute the full annual allowance of £40,000pa. In addition, NEST will also open its doors for the first time to transfers in with a 0.3% annual charge. […]

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17.03

BHETA and bira tussle it out on the turf.

The industry’s two leading trade associations The British Independent Retailers Association (bira) and British Home Enhancement Trade Association (BHETA) will come together again to present a friendly but, competitive networking, business and social occasion in the calendar by way of the ‘Tussle on the Turf’ golf event. The event is to be held on July […]

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By paigehylton | Read more

17.03

‘Making Tax Digital’ regime delayed for 12 months

Chancellor Philip Hammond has delayed the implementation of Making Tax Digital by at least 12 months for small businesses with turnover below the VAT registration threshold at the Spring Budget 2017. Making Tax Digital is a key component of the Government’s plans to make it easier for individuals and businesses to get their tax right first […]

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By kiranbains | Read more

17.03

A good time to check your water rates

On the 1st April 2017 the remainder of the UK water market will de-regulate following on from Scotland pioneering such a de-regulation back in 2008. This means that all businesses within England and Wales can, for the first time, choose which water supplier they want to use. Up until now only the very largest users […]

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By kiranbains | Read more

16.03

Philip Hammond announces full U-turn on National Insurance hike for self-employed workers.

Yesterday, Chancellor Philip Hammond announced a significant u-turn on the Government’s plan to hike National Insurance Contributions for the self-employed. A budget decision that was yet another blow to independent retailers up and down the country who own their own business. Mr Hammond wrote a letter to his party’s MPs saying that following a backlash […]

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By paigehylton | Read more

14.03

Your opportunity to visit the IHA Shanghai – funded by bira direct and STAX Trade Centers PLC

Funded by bira and STAX trade centers PLC, we are inviting you to the amazing opportunity to visit the International Hardware Association (IHA) Congress in Shanghai, China. Hosted by the China National Hardware Association (CNHA), the IHA congress will give great exposure to over 500 delegates and partners of professionals in the hardware industry from […]

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By Bira | Read more

13.03

bira believes that the Government has lost an opportunity to reform business rates.

bira understands that business rates raise £25bn – a valuable pot of money for the Treasury.  However, the Chancellors lack of action regarding making the system fairer completely contradicts statements made by the Minister for High Streets (Marcus Jones), who stated that the Government “need thriving high streets, strong independent retailers and local economies that […]

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By paigehylton | Read more

10.03

Carl Kammerling International’s C.K tools Celebrates Major Apprenticeship Scheme Success

Bright Sparks has supported over 20,000 students since it launched in 2003 National Apprenticeship Week runs from 6th to 10th March 2017 As the tenth annual National Apprenticeship Week draws to a close, Carl Kammerling International’s C.K tools estimates more than 20,000 apprentices have passed through its Bright Sparks scheme since its launch in 2003. Designed to develop […]

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By Bira | Read more

08.03

bira believes that the Chancellor’s Budget does not deal with the fact that business rates are fundamentally unfair.

The Chancellor has taken some responsibility in acknowledging that there is a problem by providing some relief for small businesses.  However, considering that the same re-evaluation has reduced the average bill for Amazon’s nine distribution centres by an average of 1.3% or £147,632 , it is scant consolation for small businesses that no longer qualify for […]

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