New council to increase access to small business finance, says minister
A new enterprise scheme will help small and medium-sized businesses to access finance and take advantage of post-Brexit business opportunities, it has been revealed.Continue reading
Over £1.6 billion in tax owed to HMRC by self-employed
According to the latest industry research, HM Revenue & Customs (HMRC) is currently owed £1.6 billion in late tax payments from self-employed individuals for 2017 and 2018.Continue reading
Thousand-year-old coin collection is the earliest form of tax fraud
A thousand-year-old collection of Norman coins has been revealed as the earliest form of tax evasion.Continue reading
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
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