Chancellor fails to deliver on Office for Tax Simplification’s VAT simplification recommendations - 06/12/2017
The Office for Tax Simplification (OTS) recently published its findings following a review intended to ensure the VAT system remains relevant.
Chasing outstanding debts from an individual or sole trader? The process has changed - 06/12/2017
Outstanding payments can be a major headache for SMEs as they can have a significant effect on cashflow and seeking payment can take up time that would be better spent on running the business.
Simple by name, but not necessarily by nature - 06/12/2017
Earlier this year, HM Revenue & Customs (HMRC) introduced Simple Assessments for some taxpayers who have, until now, been required to complete Self-Assessment Tax Returns.
Class 2 and 4 NIC merger delayed until 6 April 2019 - 06/12/2017
The abolition of Class 2 National Insurance Contributions (NIC) will now be delayed until 6 April 2019, according to a new written statement to the House of Commons.
Business rates to switch from RPI to CPI, saving SMEs billions of pounds - 06/12/2017
Businesses across the UK have welcomed the Chancellor’s decision to bring forward plans changing the way business rates are set by two years.
SMEs risk losing out on Christmas income totalling £2bn if they don’t accept cards - 06/12/2017
A new study has revealed that almost half of all shoppers will not spend money with a business this Christmas if it doesn’t provide facilities to pay by card.
Don’t forget the Self-Assessment deadline - 06/12/2017
While most people will be focused on the festive celebrations at this time of the year, businesses and their owners must not forget the all-important Self-Assessment deadline.