Blog

Centrica acquires US company SmartWatt in £29 million deal

Posted in Blog | Posted on 1 Jul, 2019

The UK multinational energy and services company Centrica has purchased the US energy company SmartWatt in a £29 million deal.

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HMRC issue incorrect CGT allowance to thousands of taxpayers

Posted in Blog, HMRC, Tax | Posted on 1 Jul, 2019

HM Revenue and Customs (HMRC) has recently issued nearly 350,000 incorrect short tax returns, indicating an error in taxpayers’ capital gains allowance.

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A quarter of major defaulters on HMRC list are in the restaurant and takeaway industry

Posted in Blog, HMRC, SMEs, SMEs / Business, Tax | Posted on 28 Jun, 2019

A quarter of the cases on HM Revenue & Customs’ (HMRC) list of major defaulters are from the restaurant and takeaway sector, according to the latest data.

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Drunk people in the workplace cost UK economy £1.4 billion a year

Posted in Blog, SMEs, SMEs / Business | Posted on 27 Jun, 2019

New research has revealed that as many as 89,000 people are turning up to work hungover or under the influence of alcohol every day, costing the economy around £1.4 billion a year.

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ICAEW gives UK economy the green light

Posted in Blog, SMEs / Business | Posted on 26 Jun, 2019

The UK economy has weathered the worst of the Brexit financial fallout and should be able to continue without “too much damage”, experts have said.

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UK ‘tax gap’ at record low, figures reveal

Posted in Blog, HMRC, Tax | Posted on 21 Jun, 2019

The tax gap – the difference between the amount of tax that should be paid and what is actually paid – has shrunk to just 5.6 per cent.

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Mortgage Advice Bureau acquires First Mortgage Direct Limited in £16.5 million deal

Posted in Blog | Posted on 21 Jun, 2019

The Mortgage Advice Bureau (MAB) has acquired 80 per cent of First Mortgage Direct (FMD) for £16.5 million.

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Government announces new measures to ensure SMEs are paid on time

Posted in Blog, SMEs, SMEs / Business | Posted on 20 Jun, 2019

The Government has announced new measures to ensure that small businesses get paid on time.

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Industry bodies call for Government to delay IR35

Posted in Blog, HMRC, Tax | Posted on 19 Jun, 2019

UK industry is calling for the Government to delay plans to extend the IR35 tax law to the private sector.

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SMEs receive a record £6.7 billion in equity funding

Posted in Blog, SMEs, SMEs / Business | Posted on 17 Jun, 2019

Last year, small and medium-sized enterprises (SMEs) attracted a record £6.7 billion in equity investments, representing a five per cent year-on-year increase. According to the British Business Bank’s annual Small Business Equity Tracker report, the

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