Business Symposium 14th August 2018

Kensington Conference and Event Centre; The Town Hall Hompton Street London W8 7NX

Symposium Chairs:

 Honourable Lord Duccan McNair Chief Guest

 Honourable Mr. Muffasar Atta Malik President KCCI Special Guest Symposium organizers:

Huner UK Ltd, UKPCCI and Karachi Chamber of Commerce Pakistan

Symposium objective:

The purpose of this business symposium is to invite business community of Pakistan and support them in developing trade links with UK. With this aim, Huner UK in collaboration with Karachi Chamber of Commerce and Industry and UK-Pakistan Chamber of Commerce & Industry (UKPCCI) has organized a symposium on the National Day of Pakistan. We have invited entrepreneurs from different chambers of Pakistan with Karachi chamber leading the delegation from Pakistan. Our focus in business symposium is to arrange B2B meetings and offer other services related to doing business with UK.

The symposium is intended to provide a platform for Made In Pakistan products and Pakistan Businesses to exchange information and identify research needs in this important area encompassing several bilitrat trade, engineering, mechanical and physical disciplines.

Business Sectors Participating include:

The delegates participating from Pakistan are from the following sectors:

 Honurabale Mr. Sahebzada Ahmed Khan High Commissioner Pakistan UK Guest of Honour

 Honourable Ch. Mohammad Sadeeq President UKPCCI Special Guest

 Leather Industry

 Textile Industry

 Handicrafts

 Gem and Jewellery

 Ceramics and Tile industry

 Construction Industry

 Furniture and Décor Industry

 Agriculture Industry

 Pharmaceutical industry  Surgical instruments

 Sports Industry

 Auto Industry

 Electrical and Home Appliances  Food

Symposium Special:

Pakistan Development Exchange and Hopeman Consultants UK: A social enterprise for smart philanthropy and poverty reduction. This is a state of the art business modal for business to conduct CSR, get connected to the grass root level and fair trade opportunities at the base of the pyramid.

The latest global trends suggested that the bottom of the pyramid is the biggest market, and the businesses should be targeting product development for these segments.

Business Symposium 14th August 2018

Kensington Conference and Event Centre; The Town Hall Hompton Street London W8 7NX

Symposium Chairs:

 Honourable Lord Duccan McNair Chief Guest

 Honourable Mr. Muffasar Atta Malik President KCCI Special Guest Symposium organizers:

Huner UK Ltd, UKPCCI and Karachi Chamber of Commerce Pakistan

Symposium objective:

The purpose of this business symposium is to invite business community of Pakistan and support them in developing trade links with UK. With this aim, Huner UK in collaboration with Karachi Chamber of Commerce and Industry and UK-Pakistan Chamber of Commerce & Industry (UKPCCI) has organized a symposium on the National Day of Pakistan. We have invited entrepreneurs from different chambers of Pakistan with Karachi chamber leading the delegation from Pakistan. Our focus in business symposium is to arrange B2B meetings and offer other services related to doing business with UK.

The symposium is intended to provide a platform for Made In Pakistan products and Pakistan Businesses to exchange information and identify research needs in this important area encompassing several bilitrat trade, engineering, mechanical and physical disciplines.

Business Sectors Participating include:

The delegates participating from Pakistan are from the following sectors:

 Honurabale Mr. Sahebzada Ahmed Khan High Commissioner Pakistan UK Guest of Honour

 Honourable Ch. Mohammad Sadeeq President UKPCCI Special Guest

 Leather Industry

 Textile Industry

 Handicrafts

 Gem and Jewellery

 Ceramics and Tile industry

 Construction Industry

 Furniture and Décor Industry

 Agriculture Industry

 Pharmaceutical industry  Surgical instruments

 Sports Industry

 Auto Industry

 Electrical and Home Appliances  Food

Symposium Special:

Pakistan Development Exchange and Hopeman Consultants UK: A social enterprise for smart philanthropy and poverty reduction. This is a state of the art business modal for business to conduct CSR, get connected to the grass root level and fair trade opportunities at the base of the pyramid.

The latest global trends suggested that the bottom of the pyramid is the biggest market, and the businesses should be targeting product development for these segments.

Increase to NMW from 1 April 2018

The government is increasing the National Minimum and National Living Wage rates on 1 Ap‌r‌il 2018. As the minimum wage increases more employers than ever will be directly affected, including those who currently pay above the minimum.

                                  Years25 and over          21 to 24          18 to 20      Under 18        Apprentice

April 2017 (current)   £7.50                            £7.05             £5.60          £4.05            £3.50

April 2018                   £7.83                            £7.38             £5.90          £4.20            £3.70

Cars and taxes - how much do they now cost?

After years of promoting the uptake of low-CO2-emitting cars, through low tax rates and grants on the cleanest plug-in hybrids, the government has opted to shake up the Vehicle Excise Duty system, removing much of the incentive for choosing a cleaner vehicle. So think again....

Every car registered after 1 April 2017 is now subject to a £140 standard rate from the second year onwards, regardless of emissions. In addition, there’s another extra £310 to pay on top of the standard rate in the second year to the sixth year, on all new cars with a list price of more than £40,000.

 

New Company Laws

All UK limited companies are now legally obliged to keep a ‘PSC Register’ (People with Significant Control Register).

 What is a PSC Register?The register allows the government (and anyone else - it is on the public register) to see who ultimately owns or controls a company. The aim of the register is to improve transparency and combat issues such as tax evasion and money laundering.

Please contact us if you require any assistance with this compliance.

Increases in National Minimum Wage 2017

The National Living Wage for those aged 25 and over is going up at the beginning of 1st April 2017 from £7.20 per hour to £7.50 per hour. There will also be increases at the same time to the National Minimum Wage payable to those under 25 and apprentices:

  • £7.50 per hour – 25 yrs old and over
  • £7.05 per hour – 21-24 yrs old
  • £5.60 per hour – 18-20 yrs old
  • £4.05 per hour – 16-17 yrs old
  • £3.50 for apprentices under 19 or 19 or over who are in the first year of apprenticeship.

 

Update on Company Law

It is now a legal requirement for all U.K. Limited companies to keep anregister of people with significant control (PSC). This replaces the previous annual return process. 

Failure to comply with the rules is a criminal offence punishable by a fine and/or upto two years imprisonment. 

New Landlord Obligations from February 2016

Anyone renting property whether furnished or unfurnished including anyone renting a room to a lodger will have a new obligation placed on them to ensure that their tenants or lodgers have a legal right to live in the UK.

As with all these things failure to do what you would quite naturally assume to be the job of the home office will result in a fine of up to £3,000.

Britain is extremely unlikely to face an economic recession over the next two years and is on safer ground than any other major country in the developed world, according to a new crisis-study by Goldman Sachs.