SMEs hit by cyber attacks could face hefty penalties under the GDPR
UK small and medium-sized enterprises (SMEs) that suffer data breaches of any kind after May 2018 could be hit with hefty penalties under the upcoming General Data Protection Regulation (GDPR).Continue reading
Almost 90 per cent ‘dissatisfied’ with business rates appeals system
Almost 90 per cent of users are ‘dissatisfied’ with the UK’s existing system for appealing business rates decisions, a Freedom of Information (FoI) request has revealed.Continue reading
Over half of small firms cannot keep up with NLW increases, says FSB
A large majority (64 per cent) of small firms are struggling to meet the latest rise in the National Living Wage (NLW), new research has revealed.Continue reading
New ‘Small Business Online Forum’ launched by HMRC
HM Revenue & Customs (HMRC) has launched a new online tax forum, geared at providing useful tips to business owners and self-employed individuals.Continue reading
The simple business mistake costing companies billions
A simple business mistake is costing high street retailers some £6.1 billion a year in lost revenue, according to a new study.Continue reading
SMEs not doing enough to fight off cybercrime
A worrying new study has found that almost 900,000 UK small and medium-sized enterprises (SMEs) have been hit by at least one cyber attack in the last 12 months, yet a large number of small businesses have no plans whatsoever to invest in or improve their cyber security.Continue reading
Data reveals sudden surge in Inheritance Tax receipts
New data has revealed a sudden surge in Inheritance Tax (IHT) receipts this year, despite the introduction of new rules allowing those who pass property down to direct descendants to tap into an additional tax-free allowance.Continue reading
Million in tax repaid to savers who used pension freedoms
HM Revenue & Customs (HMRC) has repaid some £26 million in tax on cash accessed through pension freedoms over the last three months, a report has revealed.Continue reading
SMEs urged to consider flexible working
Small and medium-sized enterprises (SMEs) are being urged to consider flexible working options, after a new study found that absenteeism is hitting business’ profitability.Continue reading
Three million small businesses to benefit from Making Tax Digital plan changes
Government-led Making Tax Digital plans have recently been revised to benefit three million small businesses and landlords.Continue reading
Can we help? Talk to our expert team