More than 1,700 businesses have been granted alternative finance options through the Bank Referral Scheme (BRS) after being turned down for traditional business loans, new figures reveal.
Month: August 2019
The Government has launched a £10 million Brexit readiness fund that will help provide support for businesses who are preparing for Brexit ahead of the 31 October deadline.
HM Revenue & Customs (HMRC) has published its first in-depth guidance for off-payroll workers (IR35) and how they will operate in the private sector.
The UK’s creative industries received more than £1.1 billion in sector-specific tax reliefs in the last year, according to the latest research.
Ahead of a potential no-deal Brexit, the Government has announced that it will start automatically enrolling UK firms in the customs system.
The Chartered Institute of Taxation (CIOT) is urging HM Revenue & Customs (HMRC) to delay the introduction of the VAT reverse charge for the construction industry.
If so, are you aware that your VAT obligations may be changing? Overview: From 1 October 2020 (since being delayed from 1 October 2019), the way that VAT is accounted for and reported to HMRC for services supplied that fall within the Construction Industry Scheme is changing as customers receiving the construction service are now…
According to the latest industry research, 2.5 million (44 per cent) UK small and medium-sized enterprises (SMEs) are struggling with cash flow as they prepare for Brexit.
According to the latest research from the Independent Chartered Accountants of England and Wales (ICAEW), late payments are more of a problem for businesses than they were last year.
The rising legal minimum wage is forcing small businesses to cut back on investment and reduce headcount, a new study has revealed.