Small businesses raise millions through Bank Referral Scheme, figures show

More than 1,700 businesses have been granted alternative finance options through the Bank Referral Scheme (BRS) after being turned down for traditional business loans, new figures reveal.Continue reading

Government launches £10 million Brexit Readiness Fund

The Government has launched a £10 million Brexit readiness fund that will help provide support for businesses who are preparing for Brexit ahead of the 31 October deadline.Continue reading

HMRC publishes IR35 guidance

HM Revenue & Customs (HMRC) has published its first in-depth guidance for off-payroll workers (IR35) and how they will operate in the private sector.Continue reading

UK creative sector receives more than £1.1 billion in tax relief

The UK’s creative industries received more than £1.1 billion in sector-specific tax reliefs in the last year, according to the latest research.Continue reading

Government to allocate trading numbers to more than 88,000 UK firms ahead of Brexit

Ahead of a potential no-deal Brexit, the Government has announced that it will start automatically enrolling UK firms in the customs system.Continue reading

CIOT urges HMRC to delay VAT reverse charge for the construction industry

The Chartered Institute of Taxation (CIOT) is urging HM Revenue & Customs (HMRC) to delay the introduction of the VAT reverse charge for the construction industry.Continue reading

Half of UK SMEs are struggling with cash flow

According to the latest industry research, 2.5 million (44 per cent) UK small and medium-sized enterprises (SMEs) are struggling with cash flow as they prepare for Brexit.Continue reading

Late payments causing businesses more problems than last year

According to the latest research from the Independent Chartered Accountants of England and Wales (ICAEW), late payments are more of a problem for businesses than they were last year.Continue reading

Burgeoning costs of employment forcing small businesses to cut back on investment

The rising legal minimum wage is forcing small businesses to cut back on investment and reduce headcount, a new study has revealed.
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Thousands of businesses struggling to get to grips with MTD

According to the latest industry research, thousands of businesses are struggling to get to grips with Making Tax Digital (MTD).Continue reading

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