Chancellor offers reassurance regarding ‘soft landing’ for IR35

27 Feb 2020

The new Chancellor, Rishi Sunak has offered reassurance to contractors that HM Revenue & Customs (HMRC) will ensure a soft landing is in place for the first year following the implementation of the IR35 rules.

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No small issue – The importance of accounting in microbusinesses

26 Feb 2020

Small and medium-sized enterprises (SMEs) account for the majority of the business population in the UK, producing trillions of pounds in revenue every year. However, a large amount of their time is spent working on financial admin.

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Points-based immigration system works for small businesses providing “costs are kept down”, says FSB

24 Feb 2020

The Government’s new immigration system “works for small businesses”, but only if costs can be kept to a minimum, an industry body has said.

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Government launches consultation on plans for new freeports

13 Feb 2020

The Government has launched a consultation on plans to create up to ten freeports across the UK in a bid to encourage global trade and attract inward investment following Brexit.

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Businesses could save tax by bringing forward capital purchases

12 Feb 2020

Businesses can deduct the full value of an item that qualifies for Annual Investment Allowance (AIA) from their profits before tax. But did you know that from 1 January 2019 to 31 December 2020, the allowance has been significantly increased from £200,000 to £1 million?

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Company insolvencies hit six-year high

03 Feb 2020

Company insolvencies increased to their highest annual level for over six years, the latest statistics have shown.

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Brexit – what happens next?

29 Jan 2020

The UK is set to leave the European Union (EU) on Friday 31 January 2020 at 11 pm – but what happens next?

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Prime Minister hints at end of Entrepreneurs’ Relief

24 Jan 2020

It has been strongly hinted that Entrepreneurs’ Relief will be scrapped under the new Government following words from Prime Minister Boris Johnson.

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SMEs: Eight out of 10 struggle to access funding for growth

22 Jan 2020

According to the latest research, 80 per cent of UK small to medium-sized enterprises (SMEs) are struggling to access funding to grow their business.

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Get up to speed with new off-payroll working rules

20 Jan 2020

Ahead of the introduction of the new off-payroll working rules, HM Revenue & Customs (HMRC) has published a factsheet outlining the changes and what they mean for small businesses.

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