Almost half of SME bosses still ‘unaware’ of MTD

Almost half (41 per cent) of small business decision-makers are ‘unaware’ of Making Tax Digital (MTD), new research reveals.Continue reading

Government consults on construction supplies VAT reverse charge scheme

HM Revenue & Customs (HMRC) may introduce a VAT reverse charge for supplies of construction services to businesses from October 2019.Continue reading

Card payments now ‘more popular’ than cash in UK, study suggests

The number of debit card payments made in the UK overtook the use of cash in 2017, a new report has revealed.Continue reading

Inflation remains at one-year low

UK inflation remained at a one-year low of 2.4 per cent in May, despite many economists predicting a rise to 2.6 per cent following a surge in the cost of global oil prices.Continue reading

Government unveils new ‘start-up’ visa

The Government has revealed details of a new ‘start-up’ visa, aimed at getting entrepreneurs into Britain faster.Continue reading

SMEs urged to improve productivity

A new study suggests that ‘poor company culture’ is costing the UK economy billions of pounds every single year – and that small and medium-sized enterprises (SMEs) need to do more to motivate their staff and boost productivity.Continue reading

One in ten SMEs have spent more than £50,000 recovering from a cyber attack

A worrying new report has revealed the true costs small and medium-sized enterprises (SMEs) can face if they fall victim to cybercrime.Continue reading

The rise of the freelance economy

The desire to work flexibly is taking workers out of the office to become their own boss, a new study has revealed.Continue reading

HMRC cracks down on ‘call forwarding’ scams

In a press release issued over the weekend, HM Revenue & Customs (HMRC) has revealed that it has saved taxpayers some £2.4 million by cracking down on ‘call forwarding’ scams.Continue reading

SMEs increasingly exploring alternative finance options

A new study suggests that UK small and medium-sized enterprises (SMEs) are increasingly exploring alternative finance options as opposed to relying solely on the likes of overdrafts, credit cards and savings to fuel business growth.Continue reading

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