HMRC collected nearly £1 trillion in tax – Where does this leave UK businesses?
Tax bills are the necessary cost of doing business in the UK and they have resulted in a record windfall for HMRC.
SME’s
Continue reading
Grant funding: An often-overlooked source of capital for UK businesses
When business owners consider raising capital for growth, the conversation typically centres on two familiar options – bank lending and outside investment.
How will close companies be affected by new reporting requirements?
New reporting requirements are currently under consultation for close companies that could see them managing increased administrative responsibilities.
Sales data for £55 billion of side hustle sales shared with HMRC
A new dump of sales data from leading online trading platforms, such as eBay and Airbnb, has been shared with HMRC as it continues to ensure small traders remain tax…
Capital Gains Tax rollover relief: Deferring tax when reinvesting in your business
When selling a business asset, one of the biggest concerns for many business owners is the Capital Gains Tax (CGT) that may arise on the disposal.
Small Employers’ Relief rises to 9 per cent: What does it mean for your business?
Small businesses are facing rising employment costs and business rates in the upcoming tax year and the pressure on their cash flow can be overwhelming.