The guaranteed minimum price has been set at £22 per tonne and a bonus may be paid on top, depending on the EU sugar price. Growers can enter into either a one year or three year contract, or a combination thereof. The three year contract will attract a higher bonus.
The bonus will be payable once the EU sugar price exceeds €475 and it is welcome news that farmers will directly benefit when the sugar market improves.
With the dust settling following the appointment of our new Prime Minister and her cabinet reshuffle, many businesses will be wondering how they will be impacted during the periods before and after the UK formally notifies the European Union of its wish to leave.
Whilst we currently know very little, the new Chancellor, Philip Hammond, has stated he does not anticipate the need for an emergency Budget as a result of the Brexit vote.
The MHA Legal Benchmarking Survey has recently been published and findings show yet another encouraging level of growth, particularly within the Property and Construction sectors.
Fee income across firms with at least five equity partners has increased by at least 13%, with some showing increases of 27%.
Last month Michael Morter’s blog highlighted the big changes that are on the horizon. Why are HMRC making these changes? How will these changes affect you?
HM Revenue & Customs (HMRC) are committed to becoming one of the most digitally advanced tax administrations in the world. Their past record and the scale of the operation has resulted in much scepticism from advisors over HMRC’s ability to deliver their goal.
The Education Funding Agency (EFA) has released the Academies Financial Handbook 2016, which is effective from 1 September 2016.
We consider the Handbook essential reading for trustees, members, accounting officers and chief finance officers/school business managers. Must-reads are Annex B: Schedule of freedoms and delegations and Annex C: Schedules of requirements.