ICAEW warns over regional tax devolution proposals
The Chief Executive of the Institute of Chartered Accountants for England and Wales, Michael Izza, has warned the shadow business secretary not to place additional burdens on business in the wake of last week’s referendum.Continue reading
Property Chiefs Support Removal of Business Rates for Small Firms
A report from the property industry is set to demand that one million small firms should be exempt from business rates, a move intended to provide much needed support to small firms struggling under the demise of Britain’s ailing high street.Continue reading
UK Jobless Lowest Since 2008
New figures show that the number of UK jobless has fallen to its lowest level since 2008. The figures mark yet another milestone to the end of a year-on-year rise in unemployment since the start of the recession. Continue reading
UK economy is pulling away, says OECD
A global leading think-tank has said that Britain’s economy is pulling away from the rest of the developed world, based on the strength of its recovery from the global recession.Continue reading
Referendum Leads to Cross-border Tax Concerns
The issues presenting today’s (18 September) referendum have proven to be multifarious from the onset, with business leaders and politicians alike concerned about the implications of an independent Scotland for the economy. Continue reading
Scottish devolution could prompt cities to call for devolved tax powers
The mayor of Bristol, George Ferguson, has called on the government to give cities greater powers to determine their own taxes, as the referendum on Scottish Independence begins.Continue reading
Small Business Confidence Rising
The Federation of Small Businesses (FSB) has reported a rise in confidence amongst small businesses. The findings come in spite of growing uncertainties about the consequences of the Scottish referendum, which could see the pound affected in global markets.Continue reading
SME Abuse Leads to Class Action for RBS
The Royal Bank of Scotland is facing a group legal action from hundreds of business owners, it emerged today. Continue reading
Automatic RTI penalties delayed again for small companies
H.M.Revenue and Customs (HMRC) has announced that the introduction of Real Time Information (RTI) penalties will be delayed for small businesses for another five months to allow them to prepare for the changes.Continue reading
SME owners are looking to sell up ahead of next year’s general election
A recent article in the Sunday Times has revealed that a number of SME owners are considering selling up ahead of the next general election in order to avoid any potential changes to the entrepreneur’s relief.Continue reading
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