A new survey has revealed that 93 new businesses were created every hour across the UK in the first half of 2022.
According to the data, despite economic headwinds, rising inflation and rocketing energy costs, the number jumped by 18 per cent year on year.
In light of the recent increase in the Bank of England’s base rate, HM Revenue & Customs (HMRC) has announced a rise in interest on both late paid tax and repayments of tax.
In the second blog of this series on tax year basis reforms, we will examine how these changes could affect unincorporated businesses.
In the first blog of this series on tax year basis reforms, we will be discussing the new rules that will affect how unincorporated businesses are taxed from 2023 to 24 and consider whether it is worth changing your accounting period.
The hospitality industry has seen a resurgence in the first six months of the year with the top 10 most populous cities outside London bouncing back strongly from the pandemic blues.
As the UK experiences unprecedented high temperatures, your tourism business may well be benefiting from increased sales. However, whilst ice creams are flying off the shelves a much bigger dilemma is presented…
Companies have been told by the Government’s Insolvency Service to consider the impact of rising prices and its effect on household incomes -meaning debts could be written off or repayments halved. Continue reading
A new survey has shown the UK public’s attitude towards business has improved, but work still needs to be done.
A review into the effect of short-term holiday lets has been launched by the Government to improve the holiday letting market for those living in popular tourism destinations.
With business costs rising as inflation soars, we want to remind companies about the tax incentives that can save businesses thousands of pounds.