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BRC leading calls for more to be done to protect the retail industry

Oct 24, 2019

According to the latest data from the British Retail Consortium (BRC), there were around 85,000 job losses in the retail sector in the past year. The release of the figures has prompted calls for the Government to overhaul its high street ...

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Finance affecting SMEs and their export potential

Oct 21, 2019

According to the UK’s export credit agency, Capital Economics for UK Export Finance (UKEF), 60 per cent of companies have cited finance as a key obstacle to exporting. As overseas demand for British goods and services increases, UK companies should be ...

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Government awards £2 million fund to help solve problems faced by small businesses

Oct 17, 2019

The Government has announced that a £2 million fund is to be distributed in a bid to help address many of the common problems faced by small and medium-sized enterprises (SMEs). The money forms part of the Business Basics programme and ...

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SMEs are losing money by not having a website

Oct 10, 2019

According to new research, UK based small and medium-sized enterprises (SMEs) are missing out on thousands of pounds each month due to a lack of online presence. A report by website maker Wix found that SMEs could be missing out on ...

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How SMEs can prepare for Brexit

Oct 07, 2019

The department for Business, Energy and Industrial Strategy (BEIS) has recently released a checklist to help small and medium-sized enterprises (SMEs) prepare for the UK leaving the European Union (EU) on 31 October 2019. Here are six things SMEs can do ...

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Final opportunity to register for online self-assessment tax return for 2018/19

Oct 03, 2019

Taxpayers who are looking to file their self-assessment tax return online for the 2018/19 tax year need to have registered for an online account on the HM Revenue & Customs (HMRC) website before Saturday (5 October). With the increase in people ...

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Universities warned that students are vulnerable to tax scams

Sep 30, 2019

With universities across the UK welcoming new and returning students, HM Revenue & Customs (HMRC) has issued a warning about tax scams. The move has been prompted by fears that fraudsters are using what appear to be legitimate university email addresses, ...

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Businesses taking extra cash-flow measures ahead of Brexit

Sep 26, 2019

According to the latest research, small business owners are increasing the amount of cash they’re holding in current accounts ahead of Brexit. The Hampshire Trust Bank (HTB) surveyed 500 companies whose turnovers ranged from below £500,000 to £100 million. The research found ...

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Number of non-doms in the UK has fallen to a record low

Sep 23, 2019

According to figures published by HM Revenue and Customs (HMRC), the number of people who live in the UK but pay no tax on their offshore income has fallen to a record low. Since last year, the amount of tax paid ...

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120,000 businesses failed to meet the Making Tax Digital deadline

Sep 16, 2019

HM Revenue and Customs (HMRC) has revealed that 1.1 million businesses have now signed up for Making Tax Digital (MTD) and so far, 1.2 million VAT returns have been successfully submitted through the service. Figures suggest that 490,000 VAT-registered businesses with ...

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