22.06.22
Small businesses are the lifeblood of the UK economy, but with rapid inflation and other economic headwinds making trade difficult, they can struggle to access...
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Brexit: UK launches “world-leading” data council to help seize global data sharing opportunities
The world’s biggest businesses – including Google, Mastercard, and Microsoft – came together for the first time last week to help Britain “seize the opportunities
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Half of firms “not confident” in trading with EU following introduction of full customs controls
More than half of businesses are not confident in trading with the European Union (EU) following the introduction of full customs controls, a major study has found
Give yourself Time to Pay
Taxpayers who are unable to pay their Self-Assessment (SA) bill can use the option of paying by instalments with a Time to Pay arrangement with HM Revenue & Customs
Cash no longer king as card payments surge in lockdown
Whether it is down to the spread of the Coronavirus or just a general trend to a more cashless society, card payments have boomed in the last couple of years.
Be prepared for changes to Corporation Tax in 2023
The 2023-24 tax year may seem a long way off, but it is important that companies are prepared for changes to the system a little more than year down the line.
Accountants critical to the success of SMEs
Small and medium-sized enterprises (SMEs) are the lifeblood of the country, accounting for 99.9 per cent of all businesses across the UK. At the start of 2021
How the penalty system for late tax submissions is changing
Under new rules set by the Government, the system of penalties for VAT and Income Tax Self-Assessment (ITSA) are changing. The new system of fines is aimed at tackling
Income tax basis periods – What unincorporated businesses need to know
All unincorporated businesses, including sole traders, the self-employed and trading partnerships, will be taxed on profits generated in the 12 months to 5 April
Do you know the new UK commodity codes?
From 1 January 2022, businesses may need to change the commodity codes they use for goods that they import or export overseas.
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