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Small businesses anticipating strong growth over next two years
UK small and medium-sized enterprises (SMEs) are expecting growth of up to 40 per cent over the next two years,…
Do you have unreported foreign income or profits?
HM Revenue & Customs (HMRC) has warned taxpayers to declare any foreign income or profits on offshore assets before 30 September to avoid unwanted penalties. (more…)
SMEs urged to keep up with digital payments demand
A new study suggests that UK small and medium-sized enterprises (SMEs) need to embrace digital payments technology in order to keep up with consumer demand. (more…)
What happens if I want to sell my business?
Business owners that choose to sell or dispose of a business will face a number of tax challenges, which is why it is important to always seek specialist advice and…
A quarter of UK SME bosses take just five days’ holiday per year
According to research from Hitachi Capital Business Finance, almost a quarter of small business owners in the UK (24 per…
Call to increase auto-enrolment pension contributions
MPs say that automatic pension enrolment is fundamental to funding a new era of retirement, which is becoming increasingly reliant…
Taxpayers urged to renew tax credits ahead of 31 July deadline
More than 320,000 taxpayers had their tax credits stopped or altered after they failed to inform HM Revenue & Customs…
What are the top risks faced by today’s SMEs?
A new study carried out by insurance company Allianz claims to have identified the ‘top risks’ faced by today’s small and medium-sized enterprises (SMEs). (more…)
Tax complexity and ‘red tape’ is holding businesses back, study finds
Over recent years the UK tax system has become incredibly complex and this has been recognised by the vast majority of UK businesses, according to research from the British Chamber of Commerce (BCC) Avalara. (more…)
SMEs need to invest in individuality, study suggests
New research suggests that UK small and medium-sized enterprises (SMEs) that fail to embrace ‘individuality’ could be alienating potential customers and clients online. (more…)
Taxpayers prepare for 2019 loan charge
HM Revenue & Customs (HMRC) is expecting to raise some £3.2 billion in taxes as part of its crackdown on “disguised” remuneration schemes. (more…)
HMRC calls for ‘shocking’ new powers
In a policy document published by HM Revenue & Customs (HMRC) earlier this week, the tax authority has requested new powers to be able to access taxpayers’ bank accounts without requesting permission beforehand. (more…)
Business owners need more support, study suggests
New research suggests that business owners and decision-makers need more support, as the day-to-day responsibilities of running a business are leaving many feeling ‘burnt out’.…
New Making Tax Digital updates published by HMRC
HM Revenue & Customs (HMRC) has published three important new documents regarding its flagship Making Tax Digital (MTD) project to help clear up confusion among…
Cash flow concerns are keeping business owners awake at night
Nearly half of business owners in the UK believe that poor cash flow is stopping their business from reaching its full potential, according to a new study. (more…)