HM Revenue & Customs (HMRC) has this week opened a pilot scheme for Making Tax Digital (MTD) for VAT – the first phase of the Government’s digital tax reporting overhaul. Continue reading
SMEs struggling to realise their growth plans, study suggests
A new study carried out by the British Business Bank suggests that one in three small and medium-sized enterprises (SMEs) are struggling to realise their growth plans, due to a lack of understanding of small business finance. Continue reading
Businesses need to prepare for upcoming payroll changes
Businesses in the UK have less than six months to prepare for important new payroll legislation which will shake up the requirements of employee payslips, it has been warned. Continue reading
Calls to reform SDLT
In recent weeks, estate agents, surveyors, researchers and more have all called on the Government for reforms to Stamp Duty Land Tax (SDLT), amid concerns that the levy is increasingly having a negative impact on the market. Continue reading
Almost three quarters of SMEs ‘unprepared’ for cyber attacks
A worrying new study suggests that almost three quarters (74 per cent) of small and medium-sized enterprises (SMEs) have not put any money aside to deal with a cyber attack. Continue reading
Almost half of SME leaders are ‘under too much pressure’, study finds
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A new study suggests that almost half (48 per cent) of small business leaders and decision-makers are feeling ‘strapped for time’ and ‘under too much pressure’ at work. Continue reading
Accounting for voluntary overtime when calculating holiday pay
A recent Court ruling has clarified exactly where and when employers should account for voluntary overtime when it comes to calculating holiday pay. Continue reading
SDLT receipts up year-on-year
The latest official data reveals that HM Revenue & Customs (HMRC) collected £12.47 billion in Stamp Duty Land Tax (SDLT) in the year to the end of July. This is up from the £12.44 billion brought in during the same period the previous year. Continue reading
More than a third of SMEs offering flexible working to reduce absenteeism, study finds
Over a third of small and medium-sized enterprises (SMEs) are offering flexible working hours in a bid to support their staff, compared to just under a quarter of larger firms. Continue reading
More than half of UK landlords are optimistic about outlook for buy to let market
A new survey has found that over half of landlords in the UK feel optimistic about the buy to let sector despite a raft of regulatory and tax changes introduced in recent years. Continue reading