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SMEs turning towards non-traditional financing options

Small and Medium-sized Enterprises (SMEs) are increasingly turning towards alternative finance, according to a new study.Continue reading

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Never again, says HMRC on Concentrix catastrophe

HM Revenue & Customs (HMRC) has pledged to never again deal with a private company following the Concentrix disaster, it has been announced.Continue reading

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Minor business disruption could cost SMEs dear, says study

One in ten Small and Medium-sized Enterprises (SMEs) have suffered business disruption in the past two years, and those forced to cease trading for as little as two weeks have lost out on thousands of pounds, according to a new study.Continue reading

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Freelancers lose as much as £5,000 a year due to unpaid work

Creative freelancers are losing more than £5,000 a year due to unpaid work, a report has revealed.Continue reading

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Chancellor would like to see Autumn Statement return to ‘fiscal forecasting’

Chancellor Philip Hammond has raised doubt over the necessity of the Autumn Statement, suggesting that the Treasury should move away from “gimmicks and micromanagement” and towards reprioritising its spending and tax decisions on the spring Budget, according to reports.Continue reading

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More than 75 per cent of UK couples ‘not claiming’ marriage tax allowance

A new study has suggested that more than three quarters of UK couples are failing to take advantage of a useful tax perk.Continue reading

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HMRC launch raid on freelance workers

In the next chapter of HM Revenue & Customs (HMRC) versus the taxpayer, the Revenue will crackdown on organisations that use freelance workers to fill would-be full-time roles.Continue reading

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Making Tax Digital will put taxpayers at a disadvantage, says ICAEW

The shift to Making Tax Digital (MTD) will increase the risk of tax overpayments unless Britons become more cautious about their tax affairs, The Institute of Chartered Accountants in England and Wales (ICAEW) has warned.Continue reading

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HMRC announce real-time PAYE coding

HM Revenue & Customs (HMRC) has announced its intent to roll out real-time Pay As You Earn (PAYE) coding in time for the 2017/18 tax year.Continue reading

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SME risk at four-year low, says study

Small and Medium-sized Enterprises (SMEs) in the UK are growing at twice the rate they are shrinking – and business risk has reached its lowest level in four years, according to new research.Continue reading

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