Three-quarters of SMEs are afraid of chasing late payments, according to new research

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

Most small and medium-sized enterprises (SMEs) fear taking action over late payments, according to a new white paper published by Paul Uppal MP, the Small Business Commissioner.


Sports Direct secure £52 million deal for Game Digital acquisition

Posted in Blog | Posted on 16 Jul, 2019

Sports Direct has announced that their £52 million offer for Game Digital is officially unconditional.


HMRC defeated in latest high profile IR35 case

Posted in Blog, HMRC, Tax | Posted on 15 Jul, 2019

A radio presenter has become the latest high profile person to win an IR35 tribunal case against HM Revenue & Customs (HMRC).


Total value of UK exports reach “record high” despite global headwinds

Posted in Blog | Posted on 12 Jul, 2019

The total value of UK goods and services exports increased by four per cent in 2019, a new report has revealed.


Managing business expenses is the biggest headache for SMEs

Posted in Blog, SMEs, SMEs / Business | Posted on 11 Jul, 2019

According to the latest research, managing travel costs and business expenses are the two biggest headaches for businesses in the UK.


HMRC publishes Making Tax Digital ‘Mythbusters’ helpsheet

Posted in Blog, HMRC, Making Tax Digital, SMEs, SMEs / Business, Tax | Posted on 10 Jul, 2019

HM Revenue & Customs (HMRC) has published a Making Tax Digital (MTD) ‘Mythbusters’ helpsheet to clarify the current situation regarding businesses and MTD.


Could the IHT seven-year rule on gifts be cut to five?

Posted in Blog, Tax | Posted on 8 Jul, 2019

At present, when someone dies within seven years of passing on money, property or possessions to loved ones, tax of up to 40 per cent must be paid.


Political uncertainty continues to stunt growth among small business community

Posted in Blog, SMEs, SMEs / Business | Posted on 5 Jul, 2019

More than seven in 10 small businesses have held back on investment while Brexit uncertainty continues to loom overhead, a new study has revealed.


Over 800 cyber incidents reported to FCA by financial firms last year

Posted in Blog, SMEs, SMEs / Business | Posted on 4 Jul, 2019

According to new data obtained via a freedom of information request, financial services firms reported 819 cyber incidents to the Financial Conduct Authority (FCA) during 2018.


Making Tax Digital – important updates

Posted in Blog, HMRC, Making Tax Digital | Posted on 3 Jul, 2019

The VAT notice for Making Tax Digital (MTD) has been updated, relaxing the rules to help clients.