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Chancellor fails to deliver on Office for Tax Simplification’s VAT simplification recommendations - 06/12/2017

The Office for Tax Simplification (OTS) recently published its findings following a review intended to ensure the VAT system remains relevant.

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Chasing outstanding debts from an individual or sole trader? The process has changed - 06/12/2017

Outstanding payments can be a major headache for SMEs as they can have a significant effect on cashflow and seeking payment can take up time that would be better spent on running the business.

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Simple by name, but not necessarily by nature - 06/12/2017

Earlier this year, HM Revenue & Customs (HMRC) introduced Simple Assessments for some taxpayers who have, until now, been required to complete Self-Assessment Tax Returns.

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Class 2 and 4 NIC merger delayed until 6 April 2019 - 06/12/2017

The abolition of Class 2 National Insurance Contributions (NIC) will now be delayed until 6 April 2019, according to a new written statement to the House of Commons.

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Business rates to switch from RPI to CPI, saving SMEs billions of pounds - 06/12/2017

Businesses across the UK have welcomed the Chancellor’s decision to bring forward plans changing the way business rates are set by two years.

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SMEs risk losing out on Christmas income totalling £2bn if they don’t accept cards - 06/12/2017

A new study has revealed that almost half of all shoppers will not spend money with a business this Christmas if it doesn’t provide facilities to pay by card.

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Don’t forget the Self-Assessment deadline - 06/12/2017

While most people will be focused on the festive celebrations at this time of the year, businesses and their owners must not forget the all-important Self-Assessment deadline.

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