Late payments crisis worsening for SMEs
The UK’s so-called late payments crisis appears to be worsening for Britain’s small and medium-sized enterprises (SMEs), a new study suggests.Continue reading
Have you checked your tax code? One-off payments likely to be considered as recurring income, says regulator
Employees who receive a bonus should review their personal tax accounts to prevent wrong tax code numbers being issued, the Institute of Chartered Accountants in England and Wales (ICAEW) has warned.Continue reading
SMEs missing out on benefits of cloud software, study suggests
The vast majority of the UK’s 5.4 million small and medium-sized enterprises (SMEs) are missing out on the benefits of cloud software due to a lack of understanding and awareness of modern technology, a new study suggests.Continue reading
Research reveals true impact of cyber-attacks on SMEs
A new study suggests that almost a quarter of UK small and medium-sized enterprises (SMEs) have been forced to temporarily cease their operations as a result of a cyber-attack.Continue reading
Card is king, according to a new study
Around half of customers would walk away from a business if cash was the only payment option, a new study has revealed.Continue reading
Businesses bogged down by misconceptions of R&D tax relief
A new study suggests that British small and medium-sized enterprises (SMEs) do not fully understand Research and Development (R&D) tax relief – and that many could be missing out as a result of their own misconceptions.Continue reading
Start-up insurance should be considered as “essential from day one”, says study
Just four in 10 businesses operate with insurance in their first three years of trading, a new study has revealed.Continue reading
eBay business sellers face 20 per cent VAT fees
Following changes to eBay’s corporate structure, thousands of traders on the platform are now required to pay 20 per cent Value Added Tax (VAT) on all fees incurred.Continue reading
Almost one million taxpayers wrongly pursued by HMRC over late tax returns
HM Revenue & Customs (HMRC) has come under fire from MPs and tax and accounting bodies, after news emerged that almost one million innocent taxpayers had been wrongly pursued over late tax returns – with many even being hit with unnecessary penalties.Continue reading
Less than three per cent of SMEs financed through bank referral scheme
Less than three per cent of SMEs referred to ‘alternative’ lenders through the bank referral scheme have obtained finance, the Treasury has revealed.Continue reading
Can we help? Talk to our expert team