Income Tax Changes

From Saturday, 6th April 2024, a new Advanced income tax band in Scotland will apply a 45 per cent rate on annual income between £75,000 and £125,140. An additional one penny will be added to the Top rate of tax, meaning income over £125,140 will be taxed at 48 per cent.

The starter, Basic, Intermediate, and Higher tax rates for earnings under £75,000 have not changed. The Starter and Basic rate bands will increase in line with inflation, and the Higher rate threshold will be maintained at £43,662.

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Nakey Bakey Launches With Exciting New Collaborations

Nakey Bakey, the healthy, free from granola-based products business, previously known as Bare Baked, has announced a full rebrand in light of unexpected trademark licensing challenges from an American company.

This obstacle for any small business has now unfolded into a remarkable and exhilarating chapter for Megan Murrie, owner of the Methil-based business. 

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Business Support Programmes

Scottish Enterprise and Scottish Chambers of Commerce have recently launched three new business support initiatives in the following key areas.

  • AI and digital capabilities
  • Creating a strategy for transformational growth
  • Supporting the net zero journey

The programmes are aimed at bolstering the growth and scalability of businesses within the Scottish ecosystem, however, due to the personalised nature of these programmes, a maximum of twelve businesses will be enrolled in each session.

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Accessing Funding and Support With The Innovation Hub

The Innovation Hub is an online platform that helps UK businesses and entrepreneurs find public funding and support to turn their innovative ideas into reality.  

This practical resource gives innovators better access to a wide range of public support for innovation. You can use the website to find everything you need to take your ideas from concept to commercialisation, from events and grants to awards and technical support.

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Climate Engagement Fund reopens

Organisations across Scotland, including community, cultural and education groups, will be able to bid for support from a fund aimed at engaging people in tackling the climate emergency.

The £250,000 Climate Engagement Fund will support activities such as climate festivals, skills workshops, art exhibitions and youth development programmes – all aimed at increasing people’s understanding of climate change and encouraging climate action.

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Unleash the Power of ChatGPT & Artificial Intelligence (AI) To Grow Your Business

ChatGPT and other similar AI applications use natural language processing to create humanlike conversational dialogue. The language model can respond to questions and compose various written content, including articles, social media posts, essays, code and emails.

At this workshop we will help you understand what it is and how you can make use of it in your business to become more efficient and productive.

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Veterinary Ophthalmology Is Eye Right

Julia Henken has come a long way since qualifying as a veterinary surgeon in 2011.  She has now launched her fully independent Eye Right Referrals service for small animal eye care after becoming an advanced practitioner in Veterinary Ophthalmology and working exclusively as an ophthalmologist for the last six years. 

Based in Dalgety Bay, Julia works out of six clinics across Fife and beyond, as she is one of the very few specialists within Scotland.

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Marine Fund Scotland 2024-25 Launches

 £14 million will be made available through the Fund in 2024-25 to help deliver Scotland’s Blue Economy Vision, which sets out plans to transform the way the marine environment is used and how Scotland’s ‘blue’ resources are managed.

The funding is available to a wide range of eligible individuals, businesses, organisations and communities to deliver projects that contribute to an innovative and sustainable marine economy, support coastal communities, and contribute to Scotland’s net zero ambitions.

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Enterprise Hub Fife Expands Its Offering

Enterprise Hub Fife opened its doors in Glenrothes seven years ago as a pioneering one stop shop to inspire entrepreneurs and boost business growth.  

Now it has been refurbished to maximise the space to offer premium quality meeting rooms and office space.

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Simplifying The Planning Process

New measures to simplify the planning process for zero and low carbon technologies will help homeowners and businesses save money and reduce their emissions.

Permitted development rights grant permission for certain developments through legislation, meaning they can be undertaken without a planning application. They remove the costs associated with submitting applications and reduce administrative burdens on planning authorities.

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Fife's 2024 Volunteering and Voluntary Sector Awards

Many organisations and volunteers are doing some truly exceptional work and fully deserve special recognition. We're inviting you to nominate those outstanding volunteers and organisations to receive that recognition and an award at our Awards Ceremony.

The awards are the highlight of the year for volunteering in Fife. We'd love to hear your success stories and shine a light on the role of Fife's brilliant volunteers and voluntary organisations.

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PACE Redundancy Support Event

PACE is hosting a free event on Thursday 18th April from 2pm - 4pm at Skills Development Scotland's offices in Kirkcaldy.

The event will provide the opportunity to meet organisations who can help people who are facing redundancy with careers advice, help with job searches, CVs and interview skills, information on funding for retraining and support with starting your own business. 

Click here for more information on redundancy support

New Property Flood Resilience Grant To Protect Communities Against Flooding

Fife Council’s Cabinet Committee has launched a new Property Flood Resilience grant scheme, which will open for applications on Wednesday 24th April 2024.

The scheme provides £500,000 of support for private homes and businesses affected by flooding, with grants of up to £5,000 available per property.

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Stress Awareness Month 2024

Stress Awareness Month has been held every April since 1992 to increase public awareness about both the causes and cures.

The theme #LittleByLittle highlights the transformative impact of consistent, small, positive actions on overall well-being. For Stress Awareness Month 2024, The Stress Management Society is emphasising how even the smallest steps taken each day towards self-care and stress reduction can yield significant improvements in mental health over time.

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