According to MarketFinance Business Insights, small and medium-sized enterprises (SMEs) are experiencing greater delays in receiving payments, with the average length of time doubling from 12 days to 23 days over the past year.
More than 33 per cent of entrepreneurs see “cutting down work hours” as a major priority, a new study has revealed.
The amount of VAT collected in the last 12 months has risen to a record £133 billion, with a significant contribution from the retail and wholesale sectors.
Almost two in five small businesses in the UK are run by millennials, a major new study has revealed.
According to accounting software provider, QuickBooks, over 50 per cent of UK small and medium-sized enterprise (SME) owners have made a mistake when filing their VAT returns, while just a quarter (25 per cent) feel confident that they have filed their VAT accurately.
According to new research, the UK economy could lose £195 million per day in wages because employees are spending an average of 1 hour 24 minutes every day being unproductive.
The Government has launched a new £56 million wave of funding in a bid to boost productivity throughout the UK economy.
HM Revenue & Customs (HMRC) has published new guidance on changes to off-payroll working rules coming into effect in the private sector next year.
Television presenter Christa Ackroyd has lost an appeal at the Upper Tribunal over her tax status at the BBC.
Is it that time of the year already?
Today, HM Revenue & Customs (HMRC) has reminded taxpayers that they have just 100 days to go until the 31 January tax return deadline.