Business news

Businesses encouraged to increase readiness for no-deal Brexit - 16 July 2019

Businesses across the UK are being encouraged to increase their readiness for a no-deal Brexit. The Institute of Directors (IoD) …

Value of UK SMEs reach £3 trillion - 16 July 2019

New research has found that the total value of UK SMEs has reached more than £3 trillion – with the …

Wealthiest UK families save nearly £700 million a year in Inheritance Tax - 16 July 2019

A new report has found that a significant proportion of the UK’s Business Relief goes to those with more than …

More than 150 chief financial officers and senior finance executives personally fined by HMRC last year - 16 July 2019

Research by law firm, Pinsent Masons, has found that more than 150 chief financial officers and other senior finance executives …

Incorporation no longer automatically resets the two year requirement for sole traders - 16 July 2019

Entrepreneurs’ Relief (ER) entitles a business owner to significant relief from Capital Gains Tax (CGT) on the disposal of their …

Remember to pay the annual data protection charge - 16 July 2019

Businesses across the UK are being reminded that, if they process personal data, they are subject to a legal requirement …

SMEs unaware of £1 million annual investment allowance - 16 July 2019

A new study has found that more than half (58 per cent) of SMEs are not aware of a temporary …

Taxpayers’ bills delayed by payment on account errors - 16 July 2019

The Association of Taxation Technicians (ATT) has revealed that problems with HMRC’s IT systems earlier this year, relating to calculations …