Almost half of SME leaders are ‘under too much pressure’, study finds
A new study suggests that almost half (48 per cent) of small business leaders and decision-makers are feeling ‘strapped for time’ and ‘under too much pressure’ at work.Continue reading→
Government announces new measures to boost funding for small businesses
The Government announced that new laws are being put forward to Parliament to support small businesses, against unfair contracts that stop them raising money from unpaid invoices.Continue reading→
Government reverses decision to scrap Class 2 NICs
The Treasury has announced that it will continue to charge Class 2 National Insurance Contributions (NICs) despite promising to scrap the tax from April 2018.Continue reading→
Summer spending continued through August
According to data from Barclaycard, people in the UK have continued to splash the cash this summer, with consumer spending up 4.5 per cent in August compared to the previous year.Continue reading→
Accounting for voluntary overtime when calculating holiday pay
A recent Court ruling has clarified exactly where and when employers should account for voluntary overtime when it comes to calculating holiday pay.Continue reading→
New HMRC rules may lead to ‘harsh’ tax penalties
Written warnings have been received by UK taxpayers, with HM Revenue & Customs (HMRC) intending to crack down on undeclared income.Continue reading→
Millions raised through Bank Referral Scheme
More than £15 million in funding has been secured for businesses after they were rejected by their banks, new figures reveal.Continue reading→
More Brits turning people in to HMRC for tax evasion
The number of calls to the UK tax authority’s fraud hotline doubled last year, with more than 40,000 tip-offs from informants claiming they are aware of someone they know not paying their taxes.Continue reading→
SDLT receipts up year-on-year
The latest official data reveals that HM Revenue & Customs (HMRC) collected £12.47 billion in Stamp Duty Land Tax (SDLT) in the year to the end of July. This is up from the £12.44 billion brought in during the same period the previous year.Continue reading→
Small businesses must not ignore a “no-deal” Brexit, says FSB
News broke this week that the Government was preparing to release a raft of documents detailing what businesses should do in the event of a no deal Brexit.Continue reading→
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