Profit improvement: steps to consider for your business
Dec 07, 2021
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. Below, we have outlined four steps to consider: Gain new ...
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Be aware of tax liabilities if you are using cryptocurrencies
Nov 30, 2021
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. But for those who have dabbled in the market, it’s important ...
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Small business confidence dips ahead of new customs controls coming into force
Nov 26, 2021
Four in 10 exporters have reported a fall in international sales since the end of the Brexit transition period, a major study has revealed. The finding forms part of the Federation of Small Business’ (FSB) Small Business Index (SBI), which provides ...
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If your holiday got cancelled last year, then read on…
Nov 23, 2021
Were you one of many UK holiday-goers whose trip got cancelled due to the pandemic? If you received vouchers in compensation, then you must spend these before your financial protection expires. According to research, there is still £132 million worth of unspent ...
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Almost 800,000 tax scams reported to HMRC in past 12 months, figures reveal
Nov 19, 2021
Nearly 800,000 tax-related scams were reported to HM Revenue & Customs (HMRC) in the past 12 months, a major study has revealed. The figures come as the tax authority prepares to send millions of emails and text messages to taxpayers ahead ...
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How can Britain double its exports?
Nov 16, 2021
Yesterday, at the Global Investment Summit 2021, ministers vowed that Britain can double its exports to show off the best of its business with a new ‘ground-breaking’ plan of action. Anne Marie Trevelyan, the Secretary of State for International Trade of ...
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Cryptoassets and Capital Gains Tax: what you need to know
Nov 12, 2021
Traders who have sold or exchanged cryptocurrency may be required to pay Capital Gains Tax (CGT), HM Revenue & Customs (HMRC) has warned. It comes after the tax authority wrote to holders of cryptoassets, such as Bitcoin, reminding them of their ...
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The economy or climate change – what are companies focused on?
Nov 10, 2021
According to a recent survey of FTSE 350 companies, British directors and heads of businesses are not only optimistic about the UK economy and its recovery, but they are also much more focused on climate change than before. Additionally, after the ...
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Controversial basis period reforms delayed by one year, Government announces
Nov 01, 2021
Controversial changes to the basis period rules will be pushed back to 2024, the Government has announced. Critics said the reforms would needlessly burden businesses in the wake of the coronavirus pandemic and ahead of the introduction of Making Tax Digital ...
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Autumn Budget 2021
Oct 27, 2021
With the Speaker of the House of Commons by tradition not presiding over the Budget, the Chancellor might have hoped he would escape a rebuke over the number of important announcements disclosed to the media in advance. ...
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