News

Forrest wins deal for £70m 34-storey Manchester tower

Photo Credit: Construction News Forrest, a construction company in new build, refurbish & respond and energy services, have been confirmed as the contractor in a deal to build The Residence, a twin-tower mixed-use scheme in the centre of Manchester. The project, which Forrest are set to deliver, has a gross development value of £70m and will see a podium and two towers of 34 and 15 stor

HMRC to crack down on fraud in construction industry

The Spring Budget announced that HMRC will be holding a consultation on how construction industry contractors will treat their VAT supplies going forwards. This is to counteract fraud in the provision of labour in the construction sector. This type of fraud occurs when a subcontractor charges VAT on labour, but disappears before paying that VAT over to HMRC. The consultation paper will discuss

The £1bn new look for Manchester Airport

Photo: Manchester Evening News The new 'Super Terminal' at Manchester Airport has been revealed in a £1bn expansion project and has been named the 'biggest single construction project ever to take place in Greater Manchester'. The 10-year scheme will more than double the size of Terminal 2 and link it to Terminal 3, meaning passengers don’t have to leave the buildings. T1 will eventually

UPDATE: £520m HS2 phase 2 design contracts awarded

Photo: TunnelTalk Great news for the construction progression of the HS2 (High Speed 2 - the UK’s high-speed rail network) which took a step forward with the design contracts being awarded. US giant, CH2M, have been confirmed as the 'phase 2' overall development partner on the route from Crewe to the North and will work with three design consultant associations. What does it mean? This

Go ahead for new £30m Manchester PRS scheme secured

Photo: Manchester Evening News Housing developer specialists, Mulbury, is set to build 143 apartments on a 0.24-hectare site in one of Manchester’s upcoming districts. Great Ancoats Street has been given a significant boost after planning for a new £30m private rented sector (PRS) scheme got the green light. There will be two separate buildings constructed, one eight storey buiding and a

Could this £1bn development change the face of Manchester Ship Canal?

Photo: Manchester Evening News Last year, Peel Land & Property submitted a planning application for Trafford Waters and this week, the plans for a £1bn development on the banks of the Manchester Ship Canal will go before planning chiefs. 15 years in the making, and it is finally set to be considered by town hall bosses in Trafford next week. The Trafford Waters project, which will be

What next for Manchester city centre, BHS store?

Photo: Manchester Evening News After 35 years on the city's high street, BHS in Market Street closed for the final time back in August - marking the end of an era for one of Manchester’s longest-standing department stores. Since the closing, several big retail names have shown interest in taking over the premises, with the likes of Swedish retailer Ikea being one of them. However, it has bee

Minimum Wage increases from 1st October 2016

As of 1 October 2016, the Minimum Wage rate will increase. The hourly rate for the minimum wage depends on your age and whether you’re an apprentice. Take a look below at the new rates coming into effect 1 October 2016: What you can expect to earn Aged 21 - 24 £6.95 per hour Aged 18 - 20 £5.55 per hour Under 18 years £4.00 per hour Apprentice £3.40 per hour When

MediaCityUK’s new hotel and creative space, Tomorrow

Photo: Manchester Evening News There is now movement happening at MediaCity UK, after the go ahead for the expansion was confirmed back in August, with work on the new Premier Inn and 'creative workspace' launching this week. The building, named 'Tomorrow' will be developed into £20m hotel with a co-working and creative workspace. The Tomorrow building will be aimed at the city’s creative

UK Hyperloop project could ditch plans for HS2

Photo: Hyperloop Transportation technologies Remember HS2, the high-speed railway linkning Manchester and London, with cost of around £80bn? Well, it could all be zero, if the UK’s first Hyperloop system comes into place! We only recently learnt about the proposed HS2 and what it would mean for UK, but plans for the new 18-minute journey between London and Manchester seem to be pushing th

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As accountants, we ensure that you are fully compliant with HMRC’s rules on the money you take home from your pay, so you don’t have the worry but still get to enjoy the benefits.

As accountants, we ensure that you are fully compliant with HMRC’s rules on the money you take home from your pay, so you don’t have the worry but still get to enjoy the benefits.

Here at Sedulo Payroll Services we run a CIS Scheme to pay subcontractors in an efficient and compliant manner.