Common Assessment Standard
The Government has published the Procurement Specific Questionnaire for use by public sector clients under the Procurement Act from 24 February 2025, which confirms that the Common Assessment Standard, developed by Build UK, should continue to be used for pre‐qualifying suppliers for ‘works’ contracts.
This is consistent with the position under PPN 03/24 and the Procurement Specific Questionnaire specifies at paragraph 45 that “public contracts for works should continue to use the questions set out in the Common Assessment Standard…and where possible, contracting authorities should avoid requiring Common Assessment Standard certified suppliers to re‐input their information”, which will reduce duplication for the supply chain even further.
The Common Assessment Standard has two levels of certification ‐ desktop and site‐based ‐ and companies can apply to any one of the Recognised Assessment Bodies for the appropriate level depending on their trade, size and the requirements of their clients.
Company Size Thresholds
The Government has published The Companies (Accounts and Reports) (Amendment and Transitional Provision) Regulations, which amend the criteria for determining if a company is classified as a micro‐entity, small, medium or large business for reporting and audit requirements under the Companies Act.
From 6 April 2025, the turnover and balance sheet thresholds for micro‐entities, small and medium businesses will increase by approximately 50%, and companies that move down a size category will be entitled to the accompanying reduction in reporting and audit requirements as part of efforts to reduce the regulatory burden. The regulations also remove the requirement for companies of all sizes to include specific information on the employment of disabled persons within their directors’ report.
Inheritance Tax Reform

Holiday Dates 2025

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