HMRC set to modernise direct debit system for employer PAYE
HM Revenue & Customs (HMRC) has announced plans to offer a recurring direct debit to employers as part of their wider payment modernisation programme. At present, employers can only set…
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Calls for Government to tackle late payments to small businesses
A new study has revealed the cashflow struggles faced by small businesses across the UK, resulting in calls for Government action. The research, conducted by Xero Small Business Insights and Accenture, discovered that…
I can’t pay my tax bill – what should I do?
With fluctuating incomes and the costs of living hitting businesses and individuals alike, people who have never previously had any issue with paying tax bills on time may have found…
COVID business loans scheme extended for two years
The Recovery Loan Scheme, which helped businesses throughout the pandemic, has been extended for a further two years. Launched on 6 April 2021, the Recovery Loan Scheme (RLS) was one…
Could savers lose out if inflation keeps rising?
The current high levels of inflation are having a wide range of effects on our financial lives, not least on our savings. While many savings accounts are increasing their interest…
Mergers and Acquisitions – choosing a deal structure
Until you come face-to-face with the reality of selling a business, it is easy to think of it as being like selling any other asset; you relinquish ownership in exchange…