Revealed: Most common reasons for underpayment of legal minimum wage

Almost one in six employers found to have paid staff less than the minimum wage did so because they did not pay the correct rate to apprentices, a major study has revealed.

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Tens of thousands of taxpayers spread out Self Assessment tax bill in wake of coronavirus pandemic

Tens of thousands of self-employed workers have used HM Revenue & Customs’ (HMRC) Time to Pay service to spread out tax bills, the latest figures have revealed.

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Recovery in construction led by rise in commercial property work

A sharp rise in productivity in UK construction sector is good news for SMEs in the supply chain, and the economy overall, as output surged over a four-month period.

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Profit improvement: steps to consider for your business

As this year closes and we begin into a new start, it is a better time than ever to look over your business operations and analyse how you can improve profitability.Continue reading→

One month countdown to full customs controls: is your business ready?

There is less than one month to go until full customs controls are introduced, traders have been warned.

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Did you use a Bounce Back Loan to cover personal expenses during the pandemic? Act now to avoid tax consequences

If you received a Bounce Back Loan (BBL) during the coronavirus pandemic and took the cash as drawings, there may be additional tax consequences.

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Making Tax Digital – what you need to know ahead of 2022-23

On 1 April 2019, HM Revenue and Customs (HMRC) introduced its new digital tax initiative – Making Tax Digital (MTD) – and its first phase, MTD for VAT.

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Be aware of tax liabilities if you are using cryptocurrencies

To many, cryptoassets, which includes cryptocurrencies, are an enigma shrouded in mystery. Whether we are talking about Bitcoin, Dogecoin, Litecoin, blockchain or mining, most people will not have a clue.Continue reading→

Government knocks down hundreds of international trade barriers to unlock new export opportunities

The Government has dismantled 20 per cent more “barriers to international trade” in the last 12 months compared to previous years, a major study has revealed.Continue reading→

Small business confidence dips ahead of new customs controls coming into force

Four in 10 exporters have reported a fall in international sales since the end of the Brexit transition period, a major study has revealed.

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