TaxAssist Accountants Feeden-usCopyright (C) 2012 2014-15 tax returns set for £10 daily finesTaxpayers yet to submit their self-assessment tax returns for the 2014-15 financial year will be hit with daily £10 late filing penalties from Sunday 1st May 2016., 29 Apr 2016 16:00:03 GMTSME owners in the dark over tax relief measuresAlmost half (46 per cent) of small and medium-sized enterprises (SMEs) still have a ‘very poor’ understanding of the government tax reliefs available to them, according to a report from Direct Line for Business., 29 Apr 2016 11:00:01 GMTAnnual return to be replaced with confirmation statement in JuneThe annual return is being replaced for all UK limited companies and LLPs from June 2016. Instead, businesses will file a new ‘confirmation statement’ at least once-a-year as part of the Small Business, Enterprise and Employment (SBEE) Act that received Royal Assent in March 2015., 28 Apr 2016 11:00:07 GMTCampaign date set for Small Business Saturday 2016The successful nationwide campaign celebrating and promoting the UK’s army of five million small businesses will be back again this year on Saturday December 3rd 2016., 27 Apr 2016 10:00:03 GMTUK SMEs losing £9bn a year to fraudstersMore than £9 billion a year is being lost by small businesses across Britain due to fraudsters that successfully pose as suppliers on the phone, cloak viruses within bills and submit false invoices, according to a new report., 26 Apr 2016 10:00:02 GMTIncreased NICs could solve self-employed pension 'crisis'A report, published this weekend, suggests National Insurance contributions (NICs) should be increased in order to solve the self-employed pensions crisis., 25 Apr 2016 11:00:07 GMTHMRC anticipates 300,000 will cash in annuitiesHM Revenue and Customs is expecting as many as 300,000 people to utilise new legislation that will enable them to sell their annuities for a cash lump sum., 22 Apr 2016 10:00:02 GMTHMRC asked to review its flat rate VAT policyThe Association of Tax Technicians (ATT) has urged HM Revenue and Customs (HMRC) to review its VAT flat rate scheme to guarantee that small business consultants are no longer charged too much VAT., 21 Apr 2016 11:00:01 GMTHMRC foils £103m of cyber fraud in 2014-15HM Revenue and Customs (HMRC) thwarted more than £100 million of cybercrime in the 2014-15 financial year that could have negatively impacted on the Treasury’s coffers, according to the government’s UK Cyber Security Strategy annual report., 20 Apr 2016 10:00:02 GMTHMRC opens corporate tax evasion consultationHM Revenue and Customs (HMRC) has launched a consultation designed to gain input on a new offence targeted at businesses that fail to prevent tax evasion., 19 Apr 2016 11:00:04 GMTScottish SMEs given lending war chestHSBC's lending fund has confirmed its largest ever support package for small and medium-sized enterprises (SMEs) based in Scotland., 18 Apr 2016 10:00:05 GMTHMRC recoups additional £489m in 2014-15 SME corporation taxHeightened HM Revenue and Customs (HMRC) investigations into SME corporation tax raised almost £500 million more for the 2014-15 financial year., 15 Apr 2016 11:00:01 GMTMany SMEs missing out on millions in expenses and tax reliefAlmost £250 million of freelancer and small business expenses with individual values of £10 or less are going unclaimed by UK SMEs every year, according to a new study., 14 Apr 2016 10:00:02 GMTAlmost half of UK SMEs experiencing delayed payments48 per cent of small and medium-sized enterprises (SMEs) across the UK have voiced their frustration about delayed payments reaching their business bank accounts, following an online survey from YouGov and ACI Worldwide., 13 Apr 2016 16:00:01 GMTHMRC asks media to provide them with Panama Papers dataHM Revenue and Customs (HMRC) has asked the media to provide the Treasury with the so-called Panama Papers in order to investigate the data for its own tax investigations., 12 Apr 2016 10:00:01 GMTAlmost half of digital UK SMEs missing out on global salesA new survey of small and medium-sized retailers operating in the major online retail markets found that UK-based digital SMEs capitalised less on international sales than neighbouring European nations such as France and Spain., 11 Apr 2016 10:00:02 GMTNew state pension rules give self-employed a weekly boostSelf-employed professionals are now entitled to up to £155.65 a week compared with a previous maximum entitlement of £119.30 under the previous basic state pension; an increase of £145.40 a month., 08 Apr 2016 11:00:02 GMTABAB question quarterly tax return plansThe Administrative Burdens Advisory Board (ABAB) believes mandatory quarterly tax updates would add a significant, unnecessary burden on small businesses in terms of accounting records and costs., 07 Apr 2016 10:00:01 GMTUK experiencing the rise of the lifestyle workerA new survey suggests that more than half of businesses claim they are already reaping the benefits of flexible mobile working., 06 Apr 2016 10:00:01 GMTSME credit data sharing scheme now liveA new credit data sharing scheme has been launched this month, designed to supply the information held by leading banks on the small and medium-sized enterprise (SME) community to new banks and alternative finance providers., 05 Apr 2016 10:00:04 GMTDividend taxation rules set to change this weekNew legislation for the tax treatment of dividends is set to commence this week. From Wednesday 6th April the first £5,000 of dividend income earned by shareholders each year will be tax-free., 04 Apr 2016 10:00:02 GMTNew National Living Wage comes into force todayThe government’s new mandatory National Living Wage (NLW) comes into action today, with employers based across the country required to pay staff aged 25 and over £7.20 an hour as a minimum rate., 01 Apr 2016 10:00:02 GMTBuy-to-let landlords facing stricter borrowing rulesThe Bank of England is continuing to crack down on buy-to-let lending, resulting in tougher borrowing rules for landlords across the country., 31 Mar 2016 10:00:02 GMTSmall businesses targeted by HMRC in £470m tax haulHM Revenue and Customs (HMRC) recouped an extra £470 million in tax owed by UK small businesses last year as part of increasing probes into the tax affairs of the small business community., 30 Mar 2016 11:00:02 GMTUK student-founded start-ups increase by 42%A growing number of students are taking the decision to balance their university studies with dabbling in entrepreneurship, according to a new report from PeoplePerHour., 29 Mar 2016 10:00:02 GMTEnterprise Finance Guarantee scheme dwindling year-on-yearThe effectiveness of the Enterprise Finance Guarantee (EFG) scheme is dwindling year-on-year, according to new figures from the British Business Bank., 24 Mar 2016 10:00:01 GMTUK inflation unchanged at 0.3% in FebruaryThe Office for National Statistics (ONS) has confirmed that UK inflation, as measured by the Consumer Prices Index (CPI) remained unchanged at 0.3 per cent in February., 23 Mar 2016 10:00:08 GMTGovernment outlines plans to improve HMRC servicesChancellor, George Osborne has pinpointed three key areas for improving levels of service at HM Revenue and Customs (HMRC)., 22 Mar 2016 11:00:01 GMTBudget 2016: New rules for public sector contractorsThe Chancellor announced in last week’s Budget 2016 that the Government will reform the intermediaries' legislation for public sector engagements., 21 Mar 2016 10:00:01 GMTFSB hails Budget 2016 for Britain's small businessesThe Federation of Small Businesses (FSB) has responded to Chancellor, George Osborne’s Budget 2016 speech, claiming it contained many sizeable wins for the UK’s small business community., 18 Mar 2016 11:00:01 GMTBudget 2016: Class 2 NICs to be abolishedClass 2 National Insurance contributions (NICs) are set to be scrapped for self-employed professionals, the Chancellor announced in his Budget 2016 statement yesterday., 17 Mar 2016 10:00:03 GMTBudget 2016: Entrepreneurs' relief extendedEntrepreneurs' tax relief has been extended to include long-term investors in unlisted companies, as revealed in Chancellor, George Osborne's Budget 2016 in the House of Commons yesterday lunchtime., 17 Mar 2016 09:00:02 GMTBudget 2016: Small business rate relief to double in 2017Chancellor, George Osborne confirmed he is “more than doubling” small business rate relief in England from 50 per cent to 100 per cent in this afternoon’s Budget to the House of Commons., 16 Mar 2016 18:00:01 GMTBudget 2016: Corporation tax reduced to 17% by 2020Chancellor, George Osborne has pledged to reduce corporation taxation to 17 per cent by the end of this parliament in 2020 in this afternoon’s Budget to the House of Commons., 16 Mar 2016 18:00:01 GMTBudget 2016: Top rate of capital gains tax slashedChancellor, George Osborne has this afternoon announced that the top rate of capital gains tax will fall significantly from 28 per cent to 20 per cent, effective in just three weeks’ time., 16 Mar 2016 18:00:01 GMTBudget 2016: What could the Chancellor announce tomorrow?It’s just 24 hours until Chancellor, George Osborne delivers his plans for the British economy in the coming year. We take a look at the potential measures Mr Osborne could present to the House of Commons on Wednesday lunchtime., 15 Mar 2016 11:00:02 GMTBudget 2016: Chancellor warns of further spending cutsChancellor, George Osborne has intimated that there will be further public spending cuts included in this week’s Budget 2016, stating on the BBC’s Andrew Marr show that savings “equivalent to 50p in every £100” of public spending had to be made by 2020., 14 Mar 2016 16:00:01 GMTOffshore tax cheats starving UK of £5bn revenue every yearThe Treasury is being ‘cheated’ out of £5 billion a year with huge sums of money being stashed in offshore tax havens, according to a report from Oxfam., 14 Mar 2016 10:00:02 GMTTwo-fifths of UK entrepreneurs turning hobbies into successful businessesAlmost two-fifths (37 per cent) of UK entrepreneurs surveyed said they were fortunate enough to turn their passionate hobbies into thriving businesses, according to a report from Weebly., 11 Mar 2016 11:00:01 GMTSmall businesses fined for leaving Auto Enrolment too lateThe Pensions Regulator has confirmed there has been a considerable increase in compliance action with up to 500,000 small employers set to reach their auto-enrolment pensions staging date this year., 10 Mar 2016 11:00:01 GMTBusinesses at risk of being struck-off the Companies House registerCompany directors late in filing their company accounts are being warned that their business could be struck-off the Companies House register and cease to exist., 09 Mar 2016 10:00:02 GMTUK now home to almost 12,000 'high-growth' SMEsThe number of ‘high-growth’ small and medium-sized businesses across the UK has grown to 11,855 – reaching its highest level since the dotcom boom and the turn of the Millennium., 22 Feb 2016 11:00:02 GMTHMRC urged to simplify tax relief claims processIncreasing numbers of taxpayers are turning to specialist tax relief refund agents due to the intricacies of the tax relief claims process, leading to calls for HM Revenue and Customs (HMRC) to simplify the tax relief regime., 19 Feb 2016 11:00:05 GMTSmall firms negotiating auto-enrolment more smoothly than anticipatedNew figures from the national defined contribution workplace pension scheme, NEST, suggest that small and micro employers are meeting their auto-enrolment staging duties without the need to call their pension scheme provider or use their waiting period as much as larger employers., 18 Feb 2016 10:00:03 GMTSelf-employment review raises potential actions for freelancersA review of self-employment in the UK, commissioned by Prime Minister, David Cameron, has raised ten recommendations which have the potential to make a positive impact to the bottom lines of freelancers across the country., 17 Feb 2016 10:00:01 GMTCBI: £9 billion-a-year policy burden could hinder business productivityNew analysis from the Confederation of British Industry (CBI) indicates that policy burden amounting to £9 billion per year has the potential to weigh heavily on businesses’ ability to deliver more jobs, secure investment and raise basic skills standards., 16 Feb 2016 10:00:04 GMTNew National Living Wage to commence from 1st April 2016From 1st April 2016, employees aged 25 and over will be entitled to a new minimum hourly pay rate of £7.20 per hour. The so-called National Living Wage (NLW) is an increase of 50 pence per hour to the current National Minimum Wage (NMW) rate of £6.70., 15 Feb 2016 10:00:05 GMTHMRC to launch new tool to test IR35 by spring 2016HM Revenue and Customs (HMRC) has announced plans to introduce an online Employment Status Indicator (ESI) to test contractors’ IR35 status., 12 Feb 2016 11:00:01 GMTConstruction workers missing out on auto-enrolment pensionsBuilders and other professionals in the construction industry made to use ‘umbrella firms’ to receive their wages are missing out on pension contributions, according to unions., 11 Feb 2016 10:00:02 GMTHMRC seizes more than £2bn in accelerated payment noticesHM Revenue and Customs (HMRC) has revealed it has reclaimed over £2 billion in accelerated payment notices (APNs) with the tax authority continuing its battle against the most aggressive tax avoidance schemes., 10 Feb 2016 16:00:01 GMTSME bemusement over auto-enrolment leading to finesAlmost half (45 per cent) of UK small businesses remain confused about auto-enrolment rules which oblige them to enrol staff in a qualifying workplace pension scheme., 09 Feb 2016 11:00:02 GMT92% of self-assessment tax returns filed ahead of January deadlineMore than 92 per cent of the total self-assessment tax returns anticipated were filed ahead of the 31st January deadline, according to new figures from HM Revenue and Customs (HMRC)., 08 Feb 2016 10:00:02 GMTSME lending grows for the first time since the recessionThe number of small and medium-sized enterprises (SMEs) in the UK securing business finance has risen for the first time since the recession, according to the British Business Bank’s Small Business Finance Markets Report., 05 Feb 2016 11:00:02 GMTEuropean Commission announces new obligations for online tradersTraders established in the European Union (EU) that sell or provide goods or services online to consumers must soon provide a link to the European Commission’s online dispute resolution (ODR) platform on their own websites., 04 Feb 2016 11:00:02 GMTChancellor warns small firms will be 'on the sharp end' of EU reformChancellor, George Osborne has urged Britain’s small business community to participate in the vote on the forthcoming referendum on the UK’s EU membership, given that they are likely to be “on the sharp end” of prospective EU reforms., 03 Feb 2016 10:00:07 GMTMPs voice auto-enrolment concerns for small businessesThe Public Accounts Committee, a powerful collective of MPs, has raised concerns about the potential burden on small businesses due to the drive to automatically enrol staff into workplace pension schemes., 02 Feb 2016 10:00:03 GMTOne million taxpayers to face tax return late filing penaltiesAlmost one million people are expected to receive instant £100 penalties for missing the deadline for their 2014-15 self-assessment tax returns., 01 Feb 2016 10:00:01 GMTHMRC data hacking could cost £13bn in damagesHM Revenue and Customs (HMRC) would face potential compensation claims totalling £13 billion in the event their users’ data is compromised by hackers, according to digital authentication provider, MIRACL., 29 Jan 2016 10:00:02 GMTMen prevail in 'Battle of the Taxes' ahead of self-assessment deadlineMen are more likely to file their self-assessment tax returns on time than their female counterparts, according to new research published this week by HM Revenue and Customs (HMRC)., 28 Jan 2016 10:00:01 GMTPetition launched against proposed Dividend TaxSmall business owners have launched another online petition against government proposals to stop them being paid via dividends to reduce their tax bills., 27 Jan 2016 11:00:01 GMTSelf-assessment tax return system less enjoyable than a trip to the dentistMore than one-third (38 per cent) of UK taxpayers dread filing their tax return more than they do visiting their dentist, according to a recent survey by Which?, 26 Jan 2016 09:00:07 GMTHMRC announces digital tax return U-turn ahead of debateHM Revenue and Customs (HMRC) has confirmed that small businesses will still be able to file their tax returns via telephone after the tax authority found that 40 per cent of self-employed workers struggle to use HMRC’s digital self-assessment tools., 25 Jan 2016 10:00:02 GMTHMRC publishes the most outlandish personal expense claims found on tax returnsWith only a week until the deadline for 2014-15 self-assessment tax returns, HM Revenue and Customs (HMRC) has leaked five of the most outrageous personal expenses claims included in last year’s tax returns., 24 Jan 2016 10:00:02 GMTBodies rally together to challenge contractor expenses banFour professional bodies are coming together to appeal on behalf of businesses to demonstrate how the removal of travel and subsistence relief for contractors from April 2016 will affect them., 22 Jan 2016 10:00:01 GMTUK's self-employed population still risingThe total number of self-employed professionals in the UK continues to soar year-on-year, with 98,000 more people working for themselves in the three months up to November 2015 than in the same period the previous year., 21 Jan 2016 10:00:02 GMTHMRC to repay contested tax debts to thousands of contractorsThousands of IT and banking contractors across the UK are set to be repaid tens of thousands in previously contested tax debts by HM Revenue and Customs (HMRC) after the tax authority admitted it should not have issued payment demands., 20 Jan 2016 10:00:02 GMT90% of ICAEW members feel HMRC services have stagnatedNine-in-ten (90 per cent) members of the Institute of Chartered Accountants in England and Wales (ICAEW) believe service standards of HM Revenue and Customs (HMRC) have either remained the same or deteriorated, according to new research., 19 Jan 2016 10:00:01 GMTTwo weeks left until self-assessment tax return deadlineThe deadline for self-assessment tax returns for the 2014-15 financial year is now less than a fortnight away on January 31st with taxpayers yet to file their returns encouraged to get their house in order to avoid late filing penalties from HM Revenue and Customs (HMRC)., 18 Jan 2016 10:00:01 GMTThe worst excuses for late self-assessment tax returns revealedIt’s just over a fortnight until the deadline for digital self-assessment tax returns for the 2014-15 financial year. HM Revenue and Customs (HMRC) insists it will not accept spurious excuses for late filing; and the tax authority has released some of the most bizarre excuses for missing the 31st January deadline from UK taxpayers., 15 Jan 2016 11:00:02 GMT500,000 SMEs warned of workplace pension finesOver half-a-million small and micro businesses have been warned by The Pensions Regulator (TPR) that they risk being slapped with a fine for failing to meet their new workplace pension obligations., 14 Jan 2016 11:00:02 GMTQuarterly tax return proposals to be debated in Parliament this monthThe Government has responded to an online petition against proposals for quarterly tax return submissions for small businesses and self-employed professionals by confirming the matter will be up for debate in Parliament on 25th January., 13 Jan 2016 11:00:02 GMT70% of 25 to 34-year-olds want to set up a businessAlmost three-quarters (70 per cent) of UK professionals aged 25 to 34 are driven by the idea of starting up their own business with the biggest desire for a “new challenge in their professional lives”, according to a recent report from Standard Life., 13 Jan 2016 10:00:03 GMTSMEs make up 99.3% of all UK businessesSmall and medium-sized enterprises (SMEs) across the country now total 99.3 per cent of all businesses operating in the UK, according to official figures., 12 Jan 2016 11:00:01 GMTCyber criminals target taxpayers ahead of tax return deadlineWith three weeks to go until the self-assessment tax return deadline for the 2014-15 financial year, millions of taxpayers are reporting the increase of fake phishing emails from people purporting to be HM Revenue and Customs (HMRC)., 11 Jan 2016 10:00:01 GMTFlood victims won't face fines for missing self-assessment deadlineHM Revenue and Customs (HMRC) has confirmed that victims of the disastrous December floods across the UK will not be fined for failing to submit their self-assessment tax return prior to the 31st January 2016 deadline., 08 Jan 2016 15:00:02 GMTDo your bit tomorrow for #MicroBizMattersDay 2016Friday 8th January is #MicroBizMattersDay 2016, the day when hundreds of thousands of micro business owners down tools for eight minutes or more to lend their assistance – either offline or online – to other micro business owners elsewhere in the world., 07 Jan 2016 11:00:06 GMTRecord numbers file self-assessment tax returns on New Year's EveThe eve of 2016 encouraged record-breaking numbers of people submitting their self-assessment tax returns online, according to new figures from HM Revenue and Customs (HMRC)., 06 Jan 2016 10:00:02 GMTSMEs won't have to submit quarterly self-assessment tax returns, say GovernmentThe Government has published an official response to an online parliamentary petition against the ‘Making Tax Digital’ proposals, designed to transform HM Revenue and Customs (HMRC) into a fully digital tax service., 05 Jan 2016 10:00:02 GMTATT fearful of tax relief changes for UK homeworkersThe Association of Taxation Technicians (ATT) is concerned about government plans to change the rules on travel expenses for homeworkers across the UK., 04 Jan 2016 10:00:01 GMTUK growth estimates for Q3 2015 revised downThe national economy grew by 0.4 per cent in Q3 2015, according to figures from the Office for National Statistics (ONS), lower than initial forecasts of 0.5 per cent., 31 Dec 2015 10:00:01 GMTSmall business groups 'deeply concerned' about quarterly tax returnsA host of industry lobbying groups and owners of UK small businesses fear the cost of quarterly tax return filing could drive thousands of micro firms to the wall., 30 Dec 2015 10:00:07 GMTOverseas reselling giants targeted by HMRCOnline retail conglomerates eBay and Amazon are the focus of a VAT crackdown by HM Revenue and Customs (HMRC) amid claims the sites are colluding with resellers to avoid paying tax., 29 Dec 2015 12:00:01 GMTConsultation published on self-employed NICsThe Department for Work and Pensions (DWP), HM Revenue and Customs (HMRC) and HM Treasury have published a combined consultation on the abolishment of Class 2 National Insurance Contributions (NICs) for the UK’s self-employed community., 24 Dec 2015 10:00:01 GMTHMRC heightens security for self-assessment customersHM Revenue and Customs (HMRC) has confirmed it is boosting its online protection ahead of the 31st January 2016 self-assessment tax return deadline., 23 Dec 2015 11:00:04 GMTNew petition launched against digital tax accountsA petition has been launched just days after HM Revenue and Customs (HMRC) announced new digital tax accounts for every small business and self-employed professional, signed by tens of thousands of people to stop the move going ahead., 22 Dec 2015 10:00:02 GMTPoor business planning could see SMEs 'lose' £25bn in revenue in 2016The UK’s small business community could miss out on up to £25bn in revenue next year through inadequate business planning, according to new research by the Centre for Economics and Business Research (CEBR)., 21 Dec 2015 13:00:01 GMTTax fraud amounts to half of the estimated UK tax gapTax fraud in the UK totals around £16bn each year, which equates to about half of the estimated tax gap, according to a recent National Audit Office (NAO) report., 18 Dec 2015 11:00:01 GMTContractors not caught by IR35 can still claim tax reliefsLimited company contractors not caught by IR35 – a tax legislation designed to combat tax avoidance by workers supplying their services to clients via an intermediary – can still claim travel and subsistence tax relief., 17 Dec 2015 11:00:07 GMTScottish income tax rate to remain the same next yearScottish finance secretary, John Swinney has ruled out any increase in Scottish income tax rates when Holyrood receives its new financial powers in 2016., 16 Dec 2015 18:00:02 GMTReview of small business taxation opensThe Office of Tax Simplification (OTS) has opened its review of small company taxation, which was promised at the Summer Budget, giving contractors and micro firms a chance to influence government taxation policy., 16 Dec 2015 11:00:02 GMT£623m spent at the tills during Small Business Saturday 2015British consumers spent almost a quarter (24 per cent) more at the tills of independent retailers across the country during Small Business Saturday 2015 than the previous year., 15 Dec 2015 15:00:02 GMTHMRC takes tax digital with online Personal Tax AccountsHM Revenue and Customs (HMRC) has announced the launch of Personal Tax Accounts accessible online to enable UK taxpayers to manage their tax affairs in a digital format., 14 Dec 2015 08:00:01 GMTGovernment urged to bring self-employed into auto-enrolmentUK pensions experts are calling on the Government to avoid a savings crisis by bringing self-employed professionals into auto-enrolment pension schemes., 11 Dec 2015 10:00:01 GMT£50 tax exemption for low-value benefits in kind set for April 2016The Government is forging ahead with its plan to implement a statutory tax exemption from income tax and NICs low-value benefits in kind (BIK), set at a £50 limit., 10 Dec 2015 10:00:02 GMTThe top 25 places to start and grow a business in the UK revealedThe Start-Up Cities Index 2015 has ranked the 25 best places to set up in business in the UK, outside of London, with Bristol polled in first place as the nation’s most successful start-up hub., 09 Dec 2015 10:00:02 GMTScottish Budget 2016 to be delivered next weekScotland’s spending priorities will be outlined next week by Deputy First Minister and Finance Secretary, John Swinney, who will deliver the nation’s Budget on Wednesday 16th December., 08 Dec 2015 10:00:02 GMTFunding for Lending extended by further two yearsThe Funding for Lending Scheme is to be extended for another two years, following an announcement by the Bank of England and HM Treasury., 07 Dec 2015 10:00:01 GMTGovernment sets Budget 2016 for 16th MarchChancellor, George Osborne will deliver his first full Budget of the Parliament on 16th March 2016 as the Government seeks to deliver a surplus by the end of its current Parliament in 2020., 04 Dec 2015 10:00:01 GMTHMRC retrieves £300m in unpaid stamp dutyHM Revenue and Customs (HMRC) collected £301.8m in unpaid stamp duty land tax (SDLT) in 2014, according to a new study., 03 Dec 2015 10:00:02 GMTTaxAssist Accountants to host live Q and A ahead of Small Business SaturdayWith Small Business Saturday approaching this weekend, TaxAssist Accountants is hosting a live online Q&A session on Thursday evening, addressing any fears from the UK’s small business community., 02 Dec 2015 10:00:01 GMTHMRC prepares taxpayers for Scottish Rate of Income TaxHM Revenue and Customs (HMRC) is writing to potential taxpayers located in Scotland this week ahead of its next stage of preparations for the implementation of the new Scottish Rate of Income Tax., 01 Dec 2015 10:00:02 GMTNew CBI chief seeks tax system review for entrepreneursThe new director-general for the Confederation of British Industry (CBI), Carolyn Fairbairn, is to lead the calls for more support for Britain’s SMEs with a review of the tax system to assist entrepreneurs., 30 Nov 2015 10:00:01 GMTFSB: Autumn Statement and Spending Review supports long-term growthThe Federation of Small Businesses (FSB) has responded to the government’s Autumn Statement and Comprehensive Spending Review by indicating they will help to “drive productivity and long-term economic growth”., 27 Nov 2015 13:00:01 GMTChancellor announces new enterprise zonesChancellor, George Osborne has announced plans to create a new wave of enterprise zones as part of yesterday’s Autumn Statement and Comprehensive Spending Review., 26 Nov 2015 10:00:01 GMTChancellor unveils 3% stamp duty surcharge for buy-to-let homesChancellor, George Osborne has confirmed that from April 2016, buy-to-let landlords and those buying second homes will be required to pay a three per cent surcharge on the stamp duty charged for the property., 25 Nov 2015 16:00:03 GMTSelf-employed to benefit from Tax Credits U-turnCuts to tax credits will no longer go ahead after Chancellor, George Osborne announced a surprising U-turn in today’s Autumn Statement., 25 Nov 2015 14:00:02 GMTIT contractors to 'bear the brunt' of Chancellor's cutsOne-man band technology professionals are expected to suffer some of the heaviest financial cuts by Chancellor, George Osborne, who is set to launch a range of fresh cuts to tech and enterprise in his upcoming Autumn Statement., 24 Nov 2015 10:00:02 GMTPotential IR35 and PSC reforms leakedProposals for reforms to IR35 and the rules on personal service companies (PSCs) have been leaked by a 'government source' to the Guardian., 23 Nov 2015 11:00:02 GMTUK landlords pay more buy-to-let tax than other major economiesBritish landlords are forced to pay more tax on buy-to-let properties than any other leading global economy, including Germany, France and the United States., 20 Nov 2015 10:00:01 GMTICAEW: Leave SMEs alone in upcoming Autumn StatementThe Institute of Chartered Accountants in England and Wales (ICAEW) has urged Chancellor, George Osborne to leave the small business community alone in next week’s Autumn Statement., 19 Nov 2015 10:00:02 GMTAutumn Statement could lead to Entrepreneurs' tax relief reformsUK tax professionals have warned that tax giveaways for entrepreneurs selling their businesses could be reformed in the upcoming Autumn Statement., 18 Nov 2015 11:00:02 GMT'Affluent' taxpayers targeted in fresh anti-avoidance crackdownProfessionals who earn enough to quality for the highest band of tax (45 per cent) are being monitored more closely by HM Revenue and Customs’ (HMRC) fast-expanding tax avoidance taskforce., 17 Nov 2015 11:00:02 GMTUK start-up survival rates at three-year highThe number of British start-ups surviving in business is at a three-year high, according to the bi-annual Barclays and Business Growth Fund (BGF) Entrepreneurs Index., 16 Nov 2015 10:00:01 GMTHMRC to close the doors to 170 local tax officesHM Revenue and Customs (HMRC) is planning to shut 170 local tax offices across the country and replace them with 13 new regional tax centres., 13 Nov 2015 11:00:01 GMTUK self-employed population grows by 30,000On the dawn of National Freelancers’ Day, the Office for National Statistics (ONS) has revealed the number of self-employed professionals in the UK has risen by 30,000 following a seven-month decline., 12 Nov 2015 10:00:07 GMTHMRC hires evening staff to combat poor call handling figuresHM Revenue and Customs (HMRC) has hired additional tax staff to work in the evening in a bid to improve “completely unacceptable” call handling figures., 11 Nov 2015 11:00:07 GMTBuy-to-let remains a healthy investment, say PwCDespite an incoming end to some tax reliefs for buy-to-let investors, a recent report indicates the lettings market still offers healthy profits, with the appeal of investing in property still as strong as ever., 10 Nov 2015 11:00:01 GMTFreelancers more content than employed workersFreelancers across the UK are happier in their work than professionals in full-time employment, according to new research from the Association of Independent Professionals and the Self Employed (IPSE)., 09 Nov 2015 10:00:02 GMTMillions may have filed their tax returns incorrectly due to unanswered calls by HMRCHM Revenue and Customs (HMRC) could be forced to pardon or reduce penalties for taxpayers who filed returns late or incorrectly because the tax authority failed to answer their telephone calls., 06 Nov 2015 12:00:01 GMTHMRC 'still failing' UK taxpayers, say Public Accounts CommitteeThe Public Accounts Committee (PAC) believes HM Revenue and Customs (HMRC) is “still failing” British taxpayers, particularly its quality of customer service, which “could be considered a genuine threat to tax collection”., 05 Nov 2015 10:00:02 GMTHMRC launch support program for SMEs with R and D claimsLater this month HMRC will roll out a program called ‘Advance Assurance for R&D tax credit claims’. The aim of the program is to stimulate greater adoption of the scheme amongst SMEs by providing assurance to first-time claimants that, subject to fulfilling certain criteria, the first R&D claims submitted will be accepted., 04 Nov 2015 11:00:01 GMTOverdrafts lost by SMEs at a rate of £5m a daySmall businesses across the UK are losing their overdrafts at a rate of £5 million per day, placing ever increasing strain on working capital., 02 Nov 2015 10:00:01 GMTUK SMEs raise record £1.5bn through Enterprise Investment SchemeMore than £1.5bn has been raised by the UK’s small businesses through the government’s Enterprise Investment Scheme (EIS) across 2013 to 2014 – a 48 per cent increase year-on-year., 02 Nov 2015 10:00:01 GMTHolidays more stressful than their worth to majority of SME ownersTaking annual leave is more stressful than it is worth for entrepreneurs and owners of UK small businesses, according to new research by AXA PPP Healthcare., 30 Oct 2015 11:00:01 GMTSix times more tax lost to illegal activity than avoidanceTax revenue lost in the UK due to illegal activity is almost six-fold the figure lost through tax avoidance, according to official figures from HM Revenue and Customs (HMRC)., 29 Oct 2015 13:00:02 GMTGraduate entrepreneurs lacking support from universitiesThe number of Britons in self-employment is at its highest level for four decades and the number of graduate entrepreneurs is rising too. However, most graduates feel their universities failed to offer enough advice about freelancing and self-employment., 28 Oct 2015 12:00:01 GMT10% of firms sign up for auto-enrolment beyond their staging dateA growing number of UK businesses are leaving it to the very last minute to comply with their auto-enrolment obligations, according to a leading pensions provider., 27 Oct 2015 10:00:07 GMTHMRC to axe Business Records ChecksHM Revenue and Customs (HMRC) has confirmed that the much-maligned Business Records Checks (BRC) initiative is set to be axed in a move that industry officials claim is a “victory for common sense”., 26 Oct 2015 10:00:02 GMTOne-in-eight SMEs rely on personal credit facilities for business fundingA number of small business owners in the UK are forced to use personal credit facilities such as credit cards and personal loans in order to finance their business aspirations., 23 Oct 2015 10:00:01 GMTHMRC tax evasion taskforces recoup £109m in last six monthsTax taskforces from HM Revenue and Customs (HMRC) have added a further £109 million to the public purse in the last six months, according to new HMRC data., 22 Oct 2015 10:00:02 GMTChancellor closes the door on tax credit cut reviewChancellor, George Osborne has rejected calls from London mayor, Boris Johnson to ease the effects of tax credit cuts on those working for the lowest wages., 21 Oct 2015 10:00:02 GMTStart-ups urged to manage resources more carefullyThe Institute of Chartered Accountants in England and Wales (ICAEW) has called on start-ups to be more frugal with their cash flow in their infancy and avoid ‘burning through resources too quickly’., 20 Oct 2015 10:00:02 GMT CBI presses Government to prioritise innovation in forthcoming CSRThe Confederation of British Industry (CBI) wants the Government to prioritise science funding and investment in innovation within its upcoming Comprehensive Spending Review (CSR)., 19 Oct 2015 11:00:01 GMTSMEs create 400,000 new jobs in the last yearNew figures from the Office of National Statistics (ONS) shows that British SMEs are now responsible for 15.6 million jobs – an increase of 400,000 in the last 12 months., 16 Oct 2015 10:00:02 GMTContractors unhappy with government's dividend tax petition replyUK contractors have voiced their dissatisfaction over the government’s response to a petition asking them to reconsider the impending dividend tax hike., 15 Oct 2015 10:00:07 GMTHMRC prevails in trial against £200m double taxation loopholeHM Revenue and Customs (HMRC) has succeeded against a £200 million tax avoidance scheme which exploited the UK’s double taxation agreement with the Isle of Man, whereby people are not taxed on the same income in both the UK and the Isle of Man., 14 Oct 2015 10:00:02 GMTSMEs should have greater say in devolution of England, say EEFSmall businesses need to have a bigger voice in England’s devolution plans given that they have the most to gain from the process, according to UK manufacturing body, EEF., 13 Oct 2015 10:00:01 GMTNational Living Wage a new 'blind spot' for SME auto-enrolmentBusiness software company, Sage has warned that hundreds of thousands of UK SMEs could be caught out by an auto-enrolment ‘blind spot’ as a result of the new National Living Wage (NLW)., 12 Oct 2015 11:00:04 GMTMonetary Policy Committee votes to keep interest rates at record lowThe Bank of England’s Monetary Policy Committee (MPC) this week voted to keep interest rates at 0.5 per cent by a majority of 8-1, according to The Times., 09 Oct 2015 10:00:02 GMTTwo-thirds of SME owners 'thriving' owning their own businessThe outlook for SME growth in the next five years is optimistic, according to a recent survey by AXA PPP Healthcare, which also found that 62 per cent of small business owners are thriving as a result of owning their own business., 08 Oct 2015 11:00:02 GMTEntrepreneurs called upon to revitalise 'sleepy communities'The Centre for Entrepreneurs is calling on British entrepreneurs to “inject some much-needed thinking into sleepy communities” across the UK; most notably some of the nation’s seaside resorts., 07 Oct 2015 11:00:01 GMTLocal councils to be given all business rates proceeds by 2020Chancellor, George Osborne has announced plans to enable local councils across England to keep all the proceeds from business rates raised in their area., 06 Oct 2015 10:00:02 GMTSmall Business, Enterprise and Employment Act reaches next phaseThe next phase of the Small Business, Enterprise and Employment Act is due to come into force this week, from Saturday 10th October, with the aim of reducing levels of red tape for small business owners and increasing overall transparency., 05 Oct 2015 11:00:02 GMTAuto-enrolment deadline approaches for SMEs with less than 30 employeesThe auto-enrolment staging date for small businesses with 30 employees or less is approaching, with the Government confirming these firms can enrol their staff in a workplace pension scheme from 1st January 2016., 02 Oct 2015 12:00:02 GMTApprentices given biggest ever wage increase todayThe Government has implemented the largest pay rise to British apprentices with those working 40 hours a week now set to earn £1,185 more a year., 01 Oct 2015 11:00:01 GMTFamily businesses: the answer to UK's 'productivity puzzle'The Bank of England’s chief economist, Andy Haldane believes efforts to improve the productivity and efficiency of family-owned businesses could solve a significant part of the productivity puzzle, unlocking the door to future growth and prosperity for the UK economy., 30 Sep 2015 10:00:02 GMTStart-ups continue to embrace Seed Enterprise Investment SchemeThe government’s Seed Enterprise Investment Scheme (SEIS) has attracted almost 3,000 start-up businesses in 2014/15 as fledgling entrepreneurs continue to seek early stage support., 29 Sep 2015 10:00:01 GMTDeclining corporation tax receipts a cause for concernOfficial figures from the Office for National Statistics (ONS) revealed £1.36bn was recouped in the form of corporation tax in August – a 14 per cent year decline on the same month last year., 28 Sep 2015 10:00:01 GMTBank of England could cut interest rates again, states chief economistThe Bank of England could have little option but to cut UK interest rates again to combat low inflation, according to its chief economist, Andy Haldane., 25 Sep 2015 10:00:07 GMTDated online government services holding back SME productivityOut-of-date digital government services are resulting in UK firms spending more than one working month a year getting to grips with old technology, according to a new study by technology company EMC., 24 Sep 2015 11:00:02 GMTHMRC tribunal fees could create new barriers to justiceThe Chartered Institute of Taxation (CIoT) has warned Ministry of Justice proposals to introduce fees for taxpayers wishing to take HM Revenue and Customs (HMRC) to tribunal could potentially impede access to justice., 23 Sep 2015 10:00:02 GMTHMRC boss defends call waiting timesHM Revenue and Customs (HMRC) has responded to claims that taxpayers are experiencing unnecessarily long call waiting times., 22 Sep 2015 10:00:02 GMTR&D tax relief claims rise by £380mThe cost of research and development (R&D) tax relief claims across the UK has risen by £380 million, with much of the rise coming from the small business sector., 21 Sep 2015 10:00:01 GMTEnterprise Bill to ease late payment concerns for SMEsSmall businesses whose cash flow is hampered by clients that fail to pay on time will be offered free mediation services to settle the late payment dispute as part of new legislation announced within the Enterprise Bill this week., 18 Sep 2015 10:00:01 GMTMicro businesses face biggest National Living Wage challengeMicro firms with less than nine employees will find it most difficult to adhere to the new National Living Wage with these businesses expected to face the biggest increase to their wage bill, according to research from the Resolution Foundation., 17 Sep 2015 10:00:02 GMTSMEs experience weakening dialogue with their banksThe working relationships between SME owners and their retail banks are weakening, according to new research from cloud solutions firm BCSG., 16 Sep 2015 11:00:02 GMTCIPP warns UK employees to plan financially for retirementMore than a third of workers reaching the end of their working lives are not planning financially for their retirement, according to the Chartered Institute of Payroll Professional’s (CIPP) annual survey., 15 Sep 2015 10:00:02 GMTBasic digital skills lacking among a quarter of UK SME ownersLess than two-thirds (64 per cent) of UK small firms have a website but 98 per cent of UK SMEs use the internet for business purposes, according to research from the Department for Business, Innovation and Skills (DBIS)., 14 Sep 2015 10:00:01 GMTGovernment refuses landlord tax debate demandsThe Government have put paid to plans by a group of buy-to-let landlords to force a one-off parliamentary debate on plans to restrict tax relief available to individual landlords, stating the issue is already under discussion as part of the Finance Bill., 11 Sep 2015 10:00:02 GMTAverage SME turnover could grow by £2.4m in 2020Optimism levels among the UK’s small and medium-sized enterprise (SME) sector appear strong with small business owners anticipating average turnover increases of £2.4m by 2020., 10 Sep 2015 17:00:01 GMTMajority of West Midlanders 'dream' of self-employmentMore than half of people in the West Midlands hold ambitions of becoming their own boss, according to the latest ‘Entrepreneur Monitor’ report by NatWest., 09 Sep 2015 10:00:02 GMTSMEs urged to keep pace with contactless spendingOver £2.5 billion was spent using contactless cards in the first half of 2015 and SMEs are being urged to keep up with the changes in spending habits., 08 Sep 2015 10:00:02 GMTShopping with SMEs makes consumers happiestSmall retailers are giving British consumers the most enjoyable shopping experience, according to a new survey of 2,000 adults, commissioned by Avery WePrint., 07 Sep 2015 10:00:02 GMTUK SMEs 'underprepared' for Black Friday, say Royal MailThe UK’s 4.9 million small and medium-sized enterprises (SMEs) remain “underprepared” for Black Friday, according to the Royal Mail., 04 Sep 2015 11:00:01 GMTHMRC launches new digital delivery centreHM Revenue and Customs (HMRC) has unveiled its new digital delivery centre in Telford, designed to develop the tax authority’s online services and augment its existing centres in Manchester, Newcastle, Shipley and London., 03 Sep 2015 11:00:01 GMTSMEs slam banks for withdrawing overdrafts overnightUK small business owners have revealed their biggest grievance with the banks is their withdrawal of millions of pounds worth of overdrafts overnight, without prior warning., 02 Sep 2015 10:00:01 GMTSMEs urged to 'get stuck in' on central Government contractsThe UK’s small and medium-sized enterprises (SMEs) have been targeted by Government who seek to offer more central contracts to talented small firms., 01 Sep 2015 11:00:01 GMTThe desire for independence a key driver, say self-employed professionalsSelf-employed professionals are driven by their desire for independence and greater work challenges, according to new research from freelance marketplace, PeoplePerHour., 28 Aug 2015 10:00:01 GMTUK employment laws preventing SME job growthSmall businesses are being prevented from taking on more staff due to constricting UK employment laws, according to new market research from consultants Citrus HR., 27 Aug 2015 10:00:01 GMTHMRC tax receipts reach record highHM Revenue and Customs (HMRC) has reported an annual increase in tax receipts of 4.4 per cent; surpassing even the predictions of the forecaster backed by the Government., 26 Aug 2015 11:00:02 GMTCBI upgrades UK growth forecastThe Confederation of British Industry (CBI) has revised growth forecasts upwards for this year and next with the UK all set to enjoy “decent quarterly GDP growth”., 26 Aug 2015 09:00:02 GMTNorthern England: the new online start-up 'stronghold'?Manchester has taken the crown of the UK’s biggest online small business hotspot, with London surprisingly left trailing behind in 26th place., 21 Aug 2015 11:00:07 GMTB&Bs rated the most expensive UK small business to purchaseBed and breakfasts (B&Bs) are regarded as the most expensive type of small business to purchase in the UK, according to research by Direct Line for Business., 20 Aug 2015 10:00:02 GMTUK inflation rate increase fuels interest rate speculationThe Consumer Price Index (CPI) measure of inflation increased by 0.1 per cent last month; but inflation remains well below the Bank of England’s two per cent target having hovered around zero since February., 19 Aug 2015 11:00:02 GMTHMRC could be forced to return up to £43bn in overpaid taxHM Revenue and Customs (HMRC) is in dispute with a number of firms who state they have been asked to pay too much tax. In a worst case scenario, the tax authority could be forced to refund up to £43 billion if it loses existing legal battles with big businesses., 18 Aug 2015 12:00:02 GMTSmall business owners find it difficult to switch off on holidayWith the school summer holidays in full swing, a new report from employment law consultants, Peninsula suggests many small business owners and managers find it hard to fully switch off from their work-related duties whilst on holiday., 17 Aug 2015 11:00:02 GMTUK's rapid business growth reliant on digital apprenticesBusinesses across the UK must “embrace tech apprenticeships” in the “battle for faster business growth”, according to The Tech Partnership – a network of employers building skills in the digital economy – and the Office for National Statistics (ONS)., 14 Aug 2015 11:00:02 GMTUK's 'pop-up' retail sector now worth £2.3bnThe UK economy is now boosted to the tune of £2.3 billion thanks to the nation’s pop-up retail sector, according to a report published by EE and the Centre for Economics and Business Research (CEBR)., 13 Aug 2015 10:00:02 GMTGovernment set to relax invoice finance rules early next yearChanges to invoice finance regulations will unlock new funding opportunities for the UK’s small businesses, as the Government seeks to scrap restrictive clauses in contracts in early 2016., 12 Aug 2015 10:00:01 GMTHMRC publishes sideways loss relief settlement guidanceHM Revenue and Customs (HMRC) has launched a settlement scheme for those in dispute over sideways loss reliefs., 11 Aug 2015 10:00:02 GMTWhat does the EU referendum mean for UK SMEs?The British Chambers of Commerce (BCC) and the local Chambers are working together to understand just how SMEs across the UK would be affected by the European Union (EU) and the planned EU in-out referendum., 10 Aug 2015 11:00:03 GMTSME owners urged to check auto-enrolment dutiesThe Pensions Regulator has warned small and micro business owners to make sure they are aware of their staging date for auto-enrolment (AE)., 10 Aug 2015 10:00:03 GMTEconomy showing signs of recovery with business insolvency numbers downA new report from FA Simms & Partners has found that business insolvency figures are still experiencing a continued drop since the end of the recession., 07 Aug 2015 10:00:01 GMTSelf-employed construction workers rise by 39,000The total number of UK construction workers using the CIS tax system soared by 39,000 last year, despite government moves to put a ceiling on self-employment in the construction sector., 06 Aug 2015 11:00:03 GMTNIESR forecasts slowing UK economic growth in Q3 2015The National Institute of Economic and Social Research (NIESR) is suggesting the recovery of the UK economy could slow in the third quarter of the year., 05 Aug 2015 11:00:02 GMTUK's inaugural Business Funding Show comes to London in 2016New and growing businesses seeking investment to expand further will be interested to hear the UK’s first ever exhibition bringing together entrepreneurs and finance providers is coming to London in early 2016., 04 Aug 2015 11:00:01 GMTSEIS funding nearly doubles year-on-yearThe UK’s small and medium-sized enterprises (SMEs) raised £163.5 million through the Seed Enterprise Investment Scheme (SEIS) last year; almost double the £85.9 million figure raised in the scheme’s inaugural year (2012-13)., 03 Aug 2015 10:00:01 GMTHMRC to further investigate transactions of online retailersHM Revenue and Customs (HMRC) is set to take a closer look at online transactions for sites like eBay, Paypal, holiday letting sites and other internet retailers in one of the “biggest tax crackdowns in history”., 31 Jul 2015 10:00:01 GMTNational Minimum Wage: HMRC to educate the hair and beauty industryAs part of the new National Minimum Wage (NMW) campaign, HM Revenue and Customs (HMRC) is partnering with the National Hairdressers’ Federation and the Hair and Beauty Industry Authority to help employers understand their pay obligations to staff., 30 Jul 2015 11:00:02 GMTTwo-thirds of start-ups rely on friends and family to stay afloatTwo-thirds of micro businesses in the UK have to rely on unpaid support from friends and family, with red tape and increasing employment bureaucracy blamed for the dissuading start-up owners from taking on new staff., 29 Jul 2015 11:00:02 GMTGreen light given for entrepreneur apprenticeship schemeThe Department for Business, Innovation and Skills (BIS) has given the go-ahead for an exciting new apprenticeship scheme for budding entrepreneurs., 28 Jul 2015 10:00:01 GMTSummer Budget 2015: Great for working people but challenging for SMEs?There’s no doubting that the Conservatives’ Summer Budget 2015 was welcome news for those aged 25 and over and currently on the minimum wage, but concerns linger regarding rising wage bills for SMEs., 27 Jul 2015 11:00:02 GMTAccountancyAge unveils Top50+50 Survey for 2015AccountancyAge has published its 2015 Top50+50 survey, supported by Wolters Kluwer. The report shows that most leading accountancy firms across the UK have continued to grow their fees, as expected., 24 Jul 2015 11:00:02 GMTHigh growth SMEs: UK closing the 'scale-up gap'The number of UK SMEs that have experienced growth of 50 per cent or more since 2013 has doubled, according to a new report from Citrix and YouGov., 23 Jul 2015 11:00:07 GMTUK tax gap rises to £34bn in the last yearThe total of uncollected VAT and income revenue by HM Revenue and Customs (HMRC) rose by £1 billion in the last 12 months to an eye-watering total of £34 billion., 22 Jul 2015 11:00:01 GMTSmall retailers too busy to take holidaySmall business owners across the UK are finding it difficult to maintain enough of a work-life balance to take annual leave, according to a new survey by Worldpay., 21 Jul 2015 10:00:02 GMTSmall Business Saturday 2015: Third annual campaign launchedThe UK’s most successful small business campaign, Small Business Saturday, has been launched for a third successive year in London., 20 Jul 2015 10:00:02 GMTOffshore tax evasion: HMRC consults on new criminal and civil sanctionsHM Revenue and Customs (HMRC) is stepping up its crackdown on offshore tax evaders by consulting on five new sanctions unveiled by financial secretary to the Treasury, David Gauke this week., 17 Jul 2015 11:00:01 GMTChancellor creates tax 'imbalances' to achieve £5bn tax savingsChancellor, George Osborne has been accused of moving the tax goalposts at the Summer Budget 2015, creating a host of tax “imbalances” to ensure his pledge of £5 billion in tax savings can be met., 16 Jul 2015 11:00:01 GMTUK inflation rate falls back to zero in JuneThe UK’s Consumer Price Index (CPI) reversed back to zero last month, drifting back towards April’s 0.1 per cent decline – the first negative reading in more than 50 years., 15 Jul 2015 10:00:02 GMTHMRC’s new direct recovery powers 'undermine' Magna CartaHM Revenue and Customs (HMRC) have been given new powers to raid bank accounts and cash ISAs in a bid to seize overdue tax payments from employees and businesses., 14 Jul 2015 10:00:02 GMTChancellor to relax Sunday trading hoursThe business community is digesting the prospect of a relaxation to Sunday trading hours after Chancellor, George Osborne announced the “biggest shake-up of Sunday trading laws since the 1990s” in his Summer Budget 2015., 13 Jul 2015 11:00:01 GMTFSB labels Summer Budget 2015 a 'mixed bag'The Federation of Small Businesses (FSB) has described yesterday’s Summer Budget 2015 as a mixed bag for business., 10 Jul 2015 10:00:01 GMTTax evaders have 'nowhere to hide', says ChancellorChancellor, George Osborne has targeted businesses and individuals involved in tax avoidance, stating that they have “nowhere to hide” in the government’s efforts to recoup £5 billion a year in unpaid tax., 10 Jul 2015 10:00:01 GMTContractors stung by Summer Budget 2015Chancellor, George Osborne has targeted contractors’ income in yesterday’s Summer Budget 2015., 09 Jul 2015 15:00:02 GMTMortgage interest tax relief limited for buy-to-let landlordsBuy-to-let landlords will only be able to offset mortgage interest at the basic rate of tax by 2020, Chancellor, George Osborne has announced at today’s Summer Budget 2015., 08 Jul 2015 17:00:02 GMTChancellor sets Annual Investment Allowance at £200,000The Annual Investment Allowance (AIA) will rise from £25,000 to £200,000 indefinitely from January 2016., 08 Jul 2015 16:00:02 GMTPersonal Allowance to be increased to £11,000 in April 2016Chancellor, George Osborne has moved quicker than expected to increase the tax-free Personal Allowance from £10,600 in 2015-16 to £11,000 in April 2016., 08 Jul 2015 15:00:01 GMTEconomic outlook likely to 'remain strong' for UK firmsThe vast majority of British businesses remain confident of growing sales, orders and profits during the second half of 2015, with economic activity set to ‘remain strong’ amid an increase in investment spending and exports., 07 Jul 2015 10:00:02 GMTChancellor to unveil Summer Budget 2015 this weekChancellor, George Osborne will deliver the first Budget from the new Conservative majority government on Wednesday, with around £12 billion worth of spending cuts anticipated., 06 Jul 2015 13:00:02 GMT53% of UK SMEs export their goods and servicesOver half of the UK’s small and medium-sized enterprises (SMEs) are already exporting their goods and services overseas, according to the second annual FedEx Great British Export Report., 03 Jul 2015 11:00:03 GMTHMRC taskforce tackles wealthy tax cheats in Northern IrelandAn HM Revenue and Customs (HMRC) taskforce has been launched this week in a bid to thwart wealthy tax cheats currently living beyond their means in Northern Ireland., 02 Jul 2015 10:00:01 GMT1,887 SMEs shut down in 2014 for unpaid tax billsHM Revenue and Customs (HMRC) sought to close down 3,000 small businesses last year for failing to meet unpaid tax bills, according to new research., 01 Jul 2015 11:00:01 GMTOne-in-six UK undergraduates plan on starting a business15 per cent of British students plan to start their own business upon graduation, according to new research from Direct Line for Business., 30 Jun 2015 11:00:01 GMTFSB wants new Budget to cement SME landscapeThe Federation of Small Businesses (FSB) is keen to see Chancellor, George Osborne strengthen the small business community by continuing to back growing firms, stimulate economic growth and reduce the overall deficit., 29 Jun 2015 12:00:01 GMTHMRC to invest £45 million in customer serviceHM Revenue and Customs (HMRC) has confirmed it is setting aside £45 million to improve its levels of customer services after official figures showed that 7.2 million phone calls made in the last year went through directly to a ‘busy’ tone., 26 Jun 2015 11:00:07 GMTFSB teams up with Young Enterprise to find future entrepreneursThe Federation of Small Businesses (FSB) is teaming up with financial education charity, Young Enterprise in a bid to find the next generation of British entrepreneurs., 25 Jun 2015 11:00:01 GMTHalf of UK working population could be freelance by 2020Half of the British working population could be self-employed freelancers by the turn of the next decade, according to a study by PeoplePerHour., 24 Jun 2015 12:00:01 GMTSME growth reaches five-year highThe number of small and medium-sized enterprises (SMEs) with growth and investment intentions has reached its highest level in five years, according to the Federation of Small Businesses’ (FSB) latest Small Business Index., 23 Jun 2015 11:00:01 GMTThousands use online tax credits renewal service in early hoursOver 17,000 people have already utilised HM Revenue and Customs’ (HMRC) tax credits online renewal service between the hours of midnight and 6am since April 2015., 22 Jun 2015 11:00:01 GMTGovernment unveils apprenticeship recruitment schemeBusiness secretary, Sajid Javid has revealed a new government initiative designed to place apprentices in businesses quoted on AIM, the London Stock Exchange’s growth market for growing SMEs., 19 Jun 2015 10:00:01 GMT2.67 million Brits fill in tax returns but owe nothingMillions of British taxpayers are filling in time-consuming self-assessment tax return forms each year despite owing no money to HM Revenue and Customs (HMRC)., 18 Jun 2015 11:00:02 GMTOne-in-five start-ups begin as second jobsMore than a fifth (21 per cent) of new businesses founded in the last 12 months began as a second job while still in full-time employment, according to new research from alldayPA., 17 Jun 2015 15:00:01 GMTP60 to no longer show separate Scottish Rate of Income TaxThe Chartered Institute of Payroll Professionals (CIPP) has confirmed from HM Revenue and Customs (HMRC) that P60’s will no longer need to include the Scottish Rate of Income Tax separately from 2016., 16 Jun 2015 11:00:01 GMTMore UK start-ups survive first year of trading than European counterpartsBritain’s start-ups are more resilient in their first year of business than Europe’s other major economies, according to a study by Rousseau Associates., 15 Jun 2015 10:00:01 GMTUK small businesses owed £16.9bn in late paymentsNew research has found that UK small businesses are owed nearly £17bn in outstanding payments, which is “stifling the growth” of the businesses underpinning the nation’s economic recovery., 12 Jun 2015 10:00:01 GMTEarly-stage SMEs supported by family and friendsA third (30 per cent) of UK-based small business owners have been able to call upon voluntary support from at least two family members during their start-up phase, according to new research by Vistaprint., 11 Jun 2015 11:00:01 GMTUK's online retail economy could be twice the size in 2018The UK’s e-commerce market is forecast to double in size by 2018, following research from OC&C Strategy Consultants, PayPal and Google., 10 Jun 2015 11:00:02 GMTStartUp Britain campaign set for fourth roadshowThe StartUp Britain campaign is readying to tour Britain for a fourth successive year, in a bid to provide inspiration and support to aspiring entrepreneurs across the UK., 09 Jun 2015 11:00:02 GMTHMRC responds to reasonable excuse coverageHM Revenue and Customs (HMRC) has responded to the recent coverage regarding its approach to Reasonable Excuse claims for filing self-assessment tax returns late., 08 Jun 2015 10:00:02 GMTHMRC steps up tax evasion crack down on online sellersHM Revenue and Customs (HMRC) is reviewing the selling activity of thousands of online sellers who use websites such as Amazon, Etsy and eBay to earn a living, as part of a fresh crack down on tax evasion., 05 Jun 2015 12:00:01 GMTHMRC calls for online tax credit renewalsHM Revenue and Customs (HMRC) is calling on people to renew their tax credits claim online following significant improvements to the online system ahead of the July deadline., 04 Jun 2015 10:00:02 GMTBank lending to SMEs up £635m in Q1 2015Net lending to small and medium-sized enterprises (SMEs) from banks taking part in the Funding for Lending Scheme (FLS) grew by £635m in the first quarter of the year., 03 Jun 2015 10:00:02 GMTSMEs with less than 30 employees reach auto-enrolment staging dateFrom Monday 1 June, a further 14,000 small businesses with fewer than 30 employees must now comply with the government’s new pension rules., 02 Jun 2015 11:00:02 GMTSelf-employed face new criteria for claiming Working Tax CreditFrom April 2015, self-employed professionals will need to meet new criteria in order to claim Working Tax Credit (WTC)., 01 Jun 2015 11:00:01 GMTEmployers' NICs to be frozen for five yearsThe Queen’s Speech is to include legislation blocking tax rises including class one employer and employee National Insurance Contributions (NICs) for the full length of the parliament., 29 May 2015 10:00:01 GMTBudget July 2015 - What would you like included?The Government is seeking views on what the British public would like to see in the Budget which is scheduled to take place on Wednesday 8 July 2015., 28 May 2015 10:00:02 GMTNorthern England becoming UK's e-commerce 'powerhouse'A new survey suggests more start-up businesses in the North of England are setting up in online retail than anywhere else in the UK., 27 May 2015 11:00:02 GMTSMEs failing to acknowledge BYOD risksAlmost a third (32 per cent) of small business owners remain complacent about the security risks of Bring-Your-Own-Device (BYOD) schemes in the workplace., 26 May 2015 10:00:01 GMTSMEs face £50,000 annual shortfalls due to late paymentsAlmost two-thirds (64 per cent) of UK SMEs are owed up to £15,000 a year in overdue invoices, according to new research., 22 May 2015 11:00:01 GMTFSB urges EU to 'Think Small First'The Federation of Small Businesses (FSB) has responded with caution to the publication of the ‘Better Regulation Package’ by the European Commission., 21 May 2015 11:00:01 GMTHMRC to investigate fastest growing SMEs over tax complianceHM Revenue and Customs (HMRC) plans to contact up to 138,000 small businesses with turnover from £20m - £200m in a bid to discuss their tax affairs., 20 May 2015 10:00:02 GMTNew Business Secretary aims to cut £10bn of SME red tapeThe government’s new Business Secretary, Sajid Javid will pledge to cut at least £10bn of red tape during the next five years to enable Britain’s small business sector to grow., 19 May 2015 10:00:02 GMTChancellor to disclose second Budget 2015 in JulyChancellor, George Osborne will unveil his second Budget of the year following the Conservatives’ majority victory in the General Election on Wednesday 8th July., 18 May 2015 11:00:02 GMTCharity attacks HMRC over £100 late tax return finesThe Low Incomes Tax Reform Group has labelled HM Revenue and Customs’ (HMRC) automatic £100 fine for the late submission of self-assessment tax returns as “nothing short of oppressive”., 15 May 2015 12:00:01 GMTHMRC slashes use of private debt collection agenciesHM Revenue and Customs (HMRC) has halved its use of external debt collection agencies during the last 12 months, after recent criticism from the public when previously chasing outstanding tax bills., 14 May 2015 11:00:01 GMTFSB reaches out to new GovernmentThe Federation of Small Businesses (FSB) has called on the new Conservative Government to deliver the best conditions to help SMEs thrive during the next five years., 13 May 2015 12:00:02 GMTSajid Javid appointed secretary of state for businessSajid Javid has been announced as the new secretary of state for business, innovation and skills., 12 May 2015 10:00:07 GMTUK start-ups creating more jobs than any other EU economyBritain-based start-ups are creating more jobs than their entrepreneurial counterparts in all other major European economies, according to a new report by Rosseau Associates., 11 May 2015 10:00:02 GMTConservative Party on course for majority governmentThe Conservative Party is in line to secure a slender majority in the House of Commons following yesterday’s General Election., 08 May 2015 11:00:02 GMTSlowing GDP growth shows UK cannot be complacent, say FSBThe UK’s economic recovery slowed in Q1 2015 from 0.6 per cent in Q4 2014 to 0.3 per cent in the first quarter of this year, according to preliminary estimates., 07 May 2015 10:00:05 GMTSMEs feel direct issues haven't been addressed pre-electionTwo-thirds (66 per cent) of small business owners believe the key issues important to small businesses have not been addressed in the pre-election debate, according to a recent survey of more than 52,000 SMEs in the UK., 06 May 2015 13:00:02 GMTOne-third of SMEs don't work from a business planAlmost one-third (29 per cent) of small business owners don’t have a business plan in place, according to new research by Close Brothers Asset Finance., 05 May 2015 18:00:01 GMTUK starting salaries on the increaseStarting salaries for UK employees grew at the fastest rate in March for six months; the strongest increase since last autumn., 05 May 2015 10:00:02 GMTUK hiring intentions at 'sky-high' levelsNew research from BDO suggests hiring intentions from UK business owners are at “sky-high” levels with figures reportedly higher than pre-recession figures from the mid-2000s., 05 May 2015 10:00:02 GMTNon-UK residents must pay CGT on UK residential propertyUK homeowners that don’t spend sufficient time in, or have sufficient ties with, the UK to be resident for tax purposes could be required to pay capital gains tax (CGT) on any profits arising from the eventual sale of the property., 05 May 2015 10:00:02 GMTSmall businesses call for immigration and EU membership to be prioritised in 2015 electionNew research from Make It Cheaper has shown that the two major issues for small British businesses are EU Membership and immigration policies., 28 Apr 2015 11:00:02 GMTThird of SMEs' growth stunted by postage chargesA new YouGov survey, commissioned by eBay UK, has found that a third of small and medium-sized enterprises (SMEs) feel their businesses are being held back by the cost of postage and delivery logistics., 28 Apr 2015 10:00:01 GMTSuperconnected Cities Scheme provides grants to 14,000 SMEsThe UK government’s Superconnected Cities Programme has delivered broadband grants to more than 14,000 small businesses, according to new figures., 27 Apr 2015 10:00:02 GMTCBI expects UK economy to gather pace in Q2 2015The Confederation of British Industry (CBI) believes the UK economy expanded by 0.7 per cent in Q1 2015, up from 0.6 per cent in the previous quarter, and forecasts it will continue to “gather momentum” in the next quarter., 24 Apr 2015 10:00:02 GMTSMEs sitting on cash surpluses, say ICAEWMany small businesses in the UK are hoarding cash surpluses because they don’t yet feel secure enough to invest in infrastructure, according to a new poll by the Institute of Chartered Accountants in England and Wales (ICAEW)., 23 Apr 2015 10:00:02 GMTEnterprise Allowance aids creation of 65,000 start-upsMore than 65,000 new businesses have been created as a result of financial backing from the government’s New Enterprise Allowance (NEA)., 22 Apr 2015 10:00:02 GMTUK SMEs anticipating interest rate hike in next six monthsMore than two-thirds (67 per cent) of UK SMEs admit they are concerned about the prospect of an increase to interest rates in the next six months., 21 Apr 2015 10:00:02 GMTShared Parental Leave now into practiceSince the turn of the month, Shared Parental Leave (SPL) has been in force across the UK with couples and adopters now able to share 12 months of leave after the birth of their child., 20 Apr 2015 10:00:01 GMTHMRC to ramp up tax avoidance disclosures to professional bodiesHM Revenue and Customs (HMRC) has confirmed it will be “significantly increasing” the number of tax avoidance disclosures it makes to professional bodies., 17 Apr 2015 10:00:02 GMTSmall Business Saturday 2015 announcedThe third annual celebration of UK local businesses will return at the beginning of December, it has been announced., 16 Apr 2015 10:00:02 GMTCollapse of Phones 4U costs HMRC £74.7mThe demise of Phones 4U means UK taxpayers will take almost a £75 million hit, with unsecured creditors – of which HM Revenue and Customs (HMRC) is one – set to receive only 4p in the pound., 15 Apr 2015 10:00:02 GMTUK's FRC unveils proposals to simplify accounting rulesThe UK’s Financial Reporting Council (FRC) has issued new proposals in a bid to simplify its accounting rules, following the government’s move to implement the European Union’s Accounting Directive., 14 Apr 2015 11:00:02 GMTFSB demands 'first-rate' broadband for its membersThe Federation of Small Businesses (FSB) has urged political leaders to back small and medium-sized enterprises (SMEs) by investing more in ‘first-rate’ broadband for its 200,000-plus members., 13 Apr 2015 09:00:02 GMTRevenue Scotland website goes liveThe tax authority responsible for the administration of Scotland’s devolved taxes, Revenue Scotland, has set its website live for Scottish taxpayers., 10 Apr 2015 13:00:02 GMTMore students forming start-ups at universityAlmost one-in-ten new start-ups are being established while their founders are still in education, according to new research by PeoplePerHour., 08 Apr 2015 11:00:02 GMTUK Government defers trivial benefits exemptionPlans to make limited company contractors and other small employers exempt from having to report trivial benefits have been shelved by the Government for the time being., 07 Apr 2015 11:00:02 GMTEmployers reminded of financial changes from April 2015Small business owners across the UK are being reminded of a host of financial changes that will affect them going forward from this month., 02 Apr 2015 13:00:01 GMTUK economy grew faster than anticipated in 2014The national economy expanded at a quicker pace than initially predicted last year, according to newly revised official figures., 01 Apr 2015 11:00:02 GMTBetter financial management seen as key to future SME growthAround three-quarters of small business owners in the UK view better management of financials as the cornerstone of future business growth, according to new research., 31 Mar 2015 18:00:01 GMTSmall Business Act receives Royal AssentThe Small Business, Enterprise and Employment Act is now an official law after it recently received Royal Assent., 30 Mar 2015 11:00:01 GMTBritish Business Bank launches new ENABLE programmeThe British Business Bank has this week unveiled its new ENABLE Guarantee programme, which is designed to incentivise participating banks to lend more to smaller businesses by reducing the capital they need to hold to support such lending., 27 Mar 2015 10:00:01 GMTHMRC accused of failing to properly monitor tax reliefsHM Revenue and Customs (HMRC) have been accused by MPs of failing to adequately monitor tax relief systems., 26 Mar 2015 10:00:01 GMTUK inflation rate falls to lowest recorded levelsThe UK’s inflation rate fell to zero in February, according to official figures from the Office for National Statistics (ONS)., 25 Mar 2015 12:00:07 GMTLarge companies required to publish payment practicesLarger businesses will soon be forced to publish their payment practice information to a central digital location, to be made publicly available by the Government., 24 Mar 2015 11:00:01 GMTNorthern Ireland inches closer to corporation tax devolutionThe House of Lords last week voted in favour of the devolution of corporation tax to Northern Ireland, but stated it will not become law until controversial welfare reforms have been approved by Stormont., 23 Mar 2015 11:00:01 GMTBudget 2015: The measures that affect youIt’s been less than two days since Chancellor, George Osborne presented his 2015 Budget to the House of Commons., 20 Mar 2015 11:00:02 GMTBudget 2015 includes new 'Help to Grow' pilotChancellor, George Osborne has sought to increase the supply of growth loans to businesses within his Budget 2015 speech, revealing details of a new “Help to Grow” pilot programme., 19 Mar 2015 12:00:02 GMTMobile businesses to benefit from fuel duty freezeSmall businesses that operate on the move are expected to benefit from Chancellor, George Osborne’s Budget 2015 as the coalition delivers a further freeze for fuel duty., 18 Mar 2015 17:00:02 GMTChancellor abolishes Class 2 National Insurance ContributionsThe Government is abolishing Class 2 National Insurance Contributions (NICs), after Chancellor, George Osborne announced the changes as part of his Budget 2015 statement for the next parliament., 18 Mar 2015 17:00:02 GMTSavings tax to be abolished in today's Budget 2015Tax on income from savings is set to be thrown out for millions of hard-working people in today’s Budget by Chancellor, George Osborne., 18 Mar 2015 11:00:02 GMTFSB makes final plea ahead of Budget 2015The Federation of Small Businesses (FSB) has made a final call to the Chancellor to build on the high levels of confidence among the small business community in this week’s Budget 2015., 17 Mar 2015 14:00:02 GMT'Radical' business rates review launched for Budget 2016The Treasury has announced a ‘radical’ review of England’s business rates system, with its findings expected to be released in time for the 2016 Budget., 16 Mar 2015 12:00:01 GMTIncome tax personal allowance increase mooted for Budget 2015Chancellor, George Osborne is planning to announce a pre-election tax boost for thousands of workers by further increasing the income tax personal allowance., 13 Mar 2015 11:00:02 GMTRTI late filing penalties extended to micro businessesSmall businesses are now eligible for fines applying to the late filing of PAYE submissions under the new Real Time Information (RTI) system., 12 Mar 2015 11:00:01 GMTGovernment clamps down on high-risk tax avoidance promotersThe UK Government is getting tough with tax avoidance promoters, making potential customers aware of the risks of using them., 11 Mar 2015 10:00:02 GMTHMRC recouping more from SME tax investigationsHM Revenue and Customs (HMRC) has announced it is seizing more from its tax investigations into individuals and small businesses, with £18 collected in additional tax for every £1 spent by local compliance teams in 2013-14., 10 Mar 2015 10:00:02 GMTChancellor reveals new online tax-free savings calculatorChancellor, George Osborne has unveiled a new online calculator designed to help savers work out of they are eligible for a new zero per cent starting rate of tax for savings., 09 Mar 2015 11:00:02 GMTTime running out for SMEs to claim Growth VouchersSmall businesses are being encouraged to apply for a Growth Voucher, with the deadline for applications looming at the end of this month., 06 Mar 2015 11:00:01 GMTWhat to expect from Budget 2015Budget 2015 is less than a fortnight away and the contents of the next Finance Bill are likely to have a strong bearing on the upcoming General Election., 05 Mar 2015 11:00:02 GMT39% of Britons think of starting a new business every dayTwo-fifths of would-be entrepreneurs across England, Scotland, Wales and Northern Ireland think about the prospect of running their own business every day., 04 Mar 2015 11:00:02 GMT15,500-plus UK jobs created by enterprise zonesNew figures released show that the government’s 24 enterprise zones have created more than 15,500 jobs across the UK since opening for business., 03 Mar 2015 10:00:02 GMTSurprise decline in UK business investmentNew data from the Office for National Statistics (ONS) found that UK business investment recorded its biggest fall since 2009., 02 Mar 2015 11:00:02 GMTGovernment seeks to protect SMEs over payment termsUK government ministers are trying to protect small firms from long payment delays by implementing set payment terms for public sector contracts., 27 Feb 2015 12:00:05 GMTBuy-to-let landlords urged to act fast to claim tax reliefBuy-to-let property investors are being warned to act quickly to claim a tax relief on home improvements that could allow them to meet new energy efficiency standards., 26 Feb 2015 11:00:02 GMTHMRC steps up crackdown on offshore tax evasionHM Revenue and Customs (HMRC) will be given more substantial access to details of international bank accounts from next year as the tax authority steps up its efforts to crack down on offshore tax evasion., 25 Feb 2015 11:00:01 GMTSMEs given 'vague and complex' government supportUK business owners often receive complex and unclear support from the Government, according to the Business, Innovation and Skills (BIS) Select Committee., 24 Feb 2015 11:00:02 GMTNew married couples tax break opens for registrationThe Government has this month opened registration for a new Marriage Allowance, designed to provide a tax break for married couples and those in civil partnerships., 23 Feb 2015 11:00:01 GMTSMEs at high risk of attempted fraud in FebruarySmall business owners are at significantly greater risk of attempted fraud in February, according to new data from Worldpay., 20 Feb 2015 11:00:02 GMTSmall businesses given grace period for late PAYE filingSmall businesses with less than 50 employees will be granted three days’ grace for late PAYE submissions before penalties will be imposed, HM Revenue and Customs (HMRC) has confirmed., 19 Feb 2015 11:00:03 GMTSMEs still fear the prospect of interest rate risesMore than two-thirds (67 per cent) of small and medium-sized enterprises (SMEs) in the UK are concerned about the prospect of a rise in interest rates in the next six months, according to the latest Business in Britain report from Lloyds Bank., 18 Feb 2015 11:00:02 GMTOne-in-four UK SMEs to go mobile in 2015Almost a quarter (23 per cent) of UK-based small and medium-sized enterprises (SMEs) plan to adopt a mobile-optimised website or app in 2015, according to a new study from eBay., 17 Feb 2015 10:00:02 GMTCBI upgrades 2015 UK growth forecastThe Confederation of British Industry (CBI) has revised its forecast upwards for economic growth in the UK this year., 16 Feb 2015 11:00:02 GMTFSB calls for LEPs to overhaul regional SME supportThe Federation of Small Businesses (FSB) wants Local Enterprise Partnerships (LEPs) to forge ahead with changes to the way business support is provided to drive SME growth., 13 Feb 2015 11:00:02 GMTUK public reveals 'crisis of trust' in big businessA recent ComRes poll of 2,000 British adults has demonstrated a crisis of confidence in big business, with three-quarters of Brits calling on the next Government to prioritise big business ethics and underpin the country’s economic growth., 11 Feb 2015 11:00:01 GMTHMRC could scrap £100 fine for late self-assessment returnsHM Revenue and Customs (HMRC) could be set to ditch the initial £100 penalty for late self-assessment tax returns under radical new Government plans., 10 Feb 2015 11:00:02 GMTTwo-thirds of UK SMEs targeting global markets in 2015In a display of confidence and ambition, two-thirds (65 per cent) of UK-based small and medium-sized online retailers plan to increase international sales during 2015., 09 Feb 2015 11:00:01 GMTBank of England keeps interest rates at 0.5%The Bank of England has held its interest rates at 0.5 per cent for the 71st successive month, as it maintains its stimulus programme of quantitative easing., 06 Feb 2015 11:00:01 GMTUK taxpayers wasting £5bn in unnecessary tax paymentsTaxpayers across the United Kingdom are overpaying almost £5 billion in needless tax payments because of a lack of awareness and concern or insufficient knowledge., 05 Feb 2015 10:00:02 GMTFSB again concerned about late payment issues for SMEsThe Federation of Small Businesses (FSB) has once again called on the Government to act about the issue of late payment culture and its effect on small firms., 04 Feb 2015 11:00:01 GMT'National Sickie Day' could have cost employers £34m in lost productivityThe first Monday in February could potentially have cost UK employers up to £34m in lost productivity, according to a new survey., 03 Feb 2015 11:00:02 GMTHMRC receives 85% of self-assessment tax returns onlineHM Revenue and Customs (HMRC) has revealed it received the biggest number of digital self-assessment tax returns yet with 10.24 million filed by midnight on 31st January – a record 85.5 per cent., 02 Feb 2015 18:00:02 GMTHMRC publishes consultation paper to tackle serial tax avoidersHM Revenue and Customs (HMRC) has distributed a new consultation paper titled ‘Strengthening Sanctions for Tax Avoidance’, setting out proposals to tackle serial tax avoiders and tax avoidance schemes., 02 Feb 2015 13:00:02 GMTBusiness owners urged to check business rates before 31st MarchVast numbers of small business owners could lose their right to access five years’ worth of business rate overpayments owed to them following a change to the business rate appeals process., 30 Jan 2015 11:00:01 GMTChanges afoot to PAYE tax codes in 2015-16The Chancellor announced last year that the base rate figure of tax-free income for employers below state pension age would increase from £10,000 to £10,600 for the 2015-16 tax year; however there are a number of other changes on the horizon for the next tax year to consider., 29 Jan 2015 11:00:01 GMTUK's freelance economy underpinning overall growthThe UK’s freelancers are fuelling the country’s economic growth, with new research demonstrating that freelancers enjoy good incomes with a median salary of £43,000 per annum., 28 Jan 2015 11:00:02 GMT1 million SME owners reminded of auto-enrolment staging datesThe Pensions Regulator is writing to over a million small and micro business owners with auto-enrolment staging dates between May 2016 and August 2017 to remind them of when their new workplace duties begin., 27 Jan 2015 11:00:02 GMTHMRC to send 650,000 self-assessment deadline remindersHM Revenue and Customs (HMRC) is preparing to distribute more than half-a-million (650,000) emails to unrepresented taxpayers with outstanding 2013-14 self-assessment tax returns ahead of the 31st January filing deadline., 26 Jan 2015 11:00:07 GMTHigh streets continue battle to bring trade back to town centresTown centre managers and local authorities are being called upon to consider new ways of enticing shoppers back to the high streets by organisers of the upcoming Future High Street Summit., 23 Jan 2015 11:00:02 GMTTwo-thirds of millennials aspire to run their own businessMore than two-thirds (68 per cent) of 25-34 year-olds would like to run their own business, according to new research conducted by EY and Censuswide., 22 Jan 2015 11:00:02 GMTHMRC trials's Verify identity assurance scheme this monthHM Revenue and Customs (HMRC) is set to trial the government’s Verify identity assurance scheme this month; undoubtedly its busiest month of the year., 21 Jan 2015 12:00:01 GMTGovernment-backed Start-Up Loans Company spawns 32,000 new jobsThe UK Government’s flagship finance scheme for new businesses has helped create 32,000 new jobs, the organisation has claimed., 20 Jan 2015 11:00:02 GMTSMEs in rural areas inhibited by unreliable broadbandNew research from the Federation of Small Businesses (FSB) has shown that almost half (49 per cent) of rural-based small businesses are unimpressed by the quality of their broadband services; hindering their day-to-day operations., 19 Jan 2015 10:00:02 GMTSMEs experience disparity in credit ratings and limits from credit agenciesSmall and medium-sized enterprises (SMEs) are given greatly different credit ratings and rating limits from the many credit agencies that operate in the UK., 16 Jan 2015 10:00:02 GMTHMRC reveals record hauls of capital gains taxHM Revenue and Customs (HMRC) has confirmed its crackdown on buy-to-let landlords has resulted in a surge in capital gains tax receipts., 15 Jan 2015 10:00:02 GMTWomen more likely to file their online tax returns on timeFemale professionals are more likely to send their self-assessment tax returns in to HM Revenue and Customs (HMRC) on time than men, according to new analysis from the tax authority., 13 Jan 2015 11:00:01 GMTMany SME owners experience increasing operation costs in Q4 2014More than half (59 per cent) of all small business owners surveyed recorded an increase in operation costs in the final quarter of 2014., 12 Jan 2015 11:00:01 GMTOne-third of small businesses employed by Government are paid lateA recent report from the National Audit Office (NAO) has found that a third of small and medium-sized enterprises (SMEs) employed by the Government for public sector work receive payment beyond their initial due date., 09 Jan 2015 11:00:02 GMTOne new UK start-up born every minute in 2014New research has found that more than half-a-million (581,173) new businesses were founded in the UK last year; that’s more than one every minute., 08 Jan 2015 11:00:02 GMTRegional Growth Fund aids 8,000 SMEs since 2010The Regional Growth Fund (RGF), established by Deputy Prime Minister, Nick Clegg has now supported more than 8,000 small businesses to grow and thrive throughout England since 2010., 07 Jan 2015 11:00:02 GMTHMRC reveals worst excuses for missing tax return deadlineHM Revenue and Customs (HMRC) has published its ten worst excuses received from taxpayers for missing the 31st January self-assessment tax return deadline., 06 Jan 2015 11:00:02 GMT2013-14 tax return deadline looms largeWith the festivities well and truly over, the attention for many self-employed professionals now turns to the self-assessment tax return deadline at the end of this month., 05 Jan 2015 11:00:02 GMTHMRC records 1,773 self-assessment tax returns on Christmas DayHM Revenue and Customs (HMRC) revealed 1,773 online self-assessment tax returns were submitted on Christmas Day – a 13 per cent rise on last year’s total of 1,566., 02 Jan 2015 11:00:01 GMT68% of UK SMEs upbeat about 2015 prospectsMore than two-thirds (68 per cent) of the UK’s small and medium-sized enterprises (SMEs) are feeling positive about their prospects in 2015, according to a new survey., 01 Jan 2015 10:00:02 GMTCBI calls on Government to focus on slashing the deficitThe Confederation of British Industry (CBI) believes the government’s top priority in the New Year must be to cut the national deficit and preserve much-needed public services., 31 Dec 2014 10:00:02 GMTHMRC prolongs Contractor Loan Settlement Opportunity until June 2015HM Revenue and Customs (HMRC) has confirmed it has extended the lifetime of the Contractor Loan Settlement Opportunity (CLSO), a chance for contractors to own up to using an offshore tax avoidance scheme, until 30th June 2015., 30 Dec 2014 10:00:02 GMTMajority of SME owners plan to work through Christmas holidaysAround three-quarters of small business owners across the UK are planning to work during the festive holiday season, according to research by OnePoll on behalf of Xero., 29 Dec 2014 10:00:02 GMTChristmas Day tax returns possible for up to 23,000 taxpayersAs many as 23,000 taxpayers are expected to file their self-assessment tax returns on Christmas Day this year, based on last year’s figures., 24 Dec 2014 10:00:02 GMTONS stats suggest record number of Brits in employmentThe final figures of 2014 from the Office of National Statistics (ONS) demonstrated that a record number of Brits are now employed, with full-time jobs now accounting for 95 per cent of the rise in UK employment in the last 12 months., 23 Dec 2014 10:00:02 GMTCallers forced to wait 18 minutes to get HMRC helpline assistanceThe average waiting time to speak to a real person on the HM Revenue and Customs (HMRC) helpline is 18 minutes, according to recent research by Which?, 22 Dec 2014 10:00:02 GMTUK start-up programmes more than doubled in last three yearsA recent report by O2 has revealed a 110 per cent rise in the number of formal programmes designed to give UK start-ups the support and guidance they need in the last three years., 19 Dec 2014 11:00:02 GMTBudget 2015 scheduled for 18th MarchChancellor, George Osborne has confirmed he will deliver his last Budget of the Parliament on 18th March 2015, less than two months prior to the General Election., 18 Dec 2014 11:00:02 GMTYouGov survey reveals key benefits of working for a UK SMEA friendly atmosphere is what most attracts people to work for a small business in the UK, according to a survey by YouGov, commissioned by Nescafe Alegria., 17 Dec 2014 12:00:01 GMTOne-in-five SMEs subjected to supply chain 'bullying'There is concern among the small business community with a survey of Federation of Small Businesses (FSB) members revealing almost one-in-five (17 per cent) of SMEs are subjected to ‘supply chain bullying’ in one form or another in the last two years., 16 Dec 2014 12:00:02 GMT2014 - The year of the start-upA new study, compiled by insurance broker, Simply Business, has revealed a 24 per cent increase in the launch of UK start-ups in 2014 – the biggest growth of the past five years., 15 Dec 2014 11:00:02 GMTSolicitors' Tax Campaign launched this weekThe Government has this week launched its Solicitors' Tax Campaign, designed for those who work within the legal profession as a solicitor who want to bring their tax affairs up-to-date., 12 Dec 2014 11:00:01 GMTSmaller firms no longer obliged to charge VAT on domestic salesThe UK Government has agreed to tweak a controversial VAT ruling that thousands of UK business owners claimed was putting their livelihoods at risk., 11 Dec 2014 11:00:02 GMTAlmost half of UK SMEs anticipating growth in 2015A new report released this week by the government’s British Business Bank has revealed 46 per cent of UK SMEs are in line for growth in the next 12 months., 10 Dec 2014 11:00:01 GMTHMRC nets record £3.9bn from extra SME compliance investigationsHM Revenue and Customs (HMRC) has recouped a record £3.9bn in additional VAT from compliance investigations into small and medium-sized enterprises (SMEs) in the last year; a 10 per cent increase on the previous year., 09 Dec 2014 11:00:01 GMTMore 'debut directors' in the UK than ever beforeThere are more first-time business owners in the UK than ever, according to new research from Experian., 08 Dec 2014 11:00:02 GMTSmall Business Saturday 2014 rolls in to town tomorrowUK shoppers are set to support Small Business Saturday this weekend, with forecasts suggesting it could provide a £550 million boost for non-chain and independent retailers., 05 Dec 2014 09:00:01 GMTFull business rates review scheduled after General ElectionChancellor, George Osborne has committed to a full review of the business rates regime after the 2015 General Election., 04 Dec 2014 10:00:02 GMTSMEs given bank lending boost ahead of Autumn Statement 2014The Treasury has pledged £400 million to boost bank lending to small and medium-sized enterprises (SMEs) ahead of today’s Autumn Statement., 03 Dec 2014 11:00:02 GMTEY Item Club warns Chancellor has little room for manoeuvre with Autumn Statement 2014Influential forecasting group, the EY Item Club fears Chancellor, George Osborne will have little room to engineer tax giveaways as part of this week’s Autumn Statement., 02 Dec 2014 11:00:02 GMTFSB keen for Autumn Statement 2014 to support business confidenceThe Federation of Small Businesses (FSB) has called on Chancellor, George Osborne to deliver investment and support UK business ambitions as part of his upcoming Autumn Statement., 01 Dec 2014 11:00:01 GMTMany SMEs still unaware of employee share scheme filing penaltiesLawyers have warned that a number of UK SMEs are still unaware of the penalties involved regarding the online filing of employee share schemes., 28 Nov 2014 11:00:01 GMT'Zombie' firms on the increase in the UKThe number of ‘zombie’ companies in the UK now totals 339,800, a year-on-year increase of 5.5 per cent, according to research from corporate financial health monitoring specialists, Company Watch., 27 Nov 2014 10:00:02 GMTSmall Business Saturday 2014 set to make 'big contribution' to local economiesNext week, small and independent retailers across the UK will be hoping to encourage shoppers to throw their weight behind Small Business Saturday, which is looking to build on the success of last year’s nationwide event., 26 Nov 2014 11:00:01 GMTA third of UK SMEs yet to claim their Employment AllowanceA new report from HMRC has revealed around a third of all UK SMEs are yet to claim their Employment Allowance., 25 Nov 2014 11:00:02 GMTSMEs' digital maturity an advantage over larger firmsOver four-fifths (82 per cent) of small businesses feel their ability to use technology to optimise processes efficiently gives them a distinct advantage over larger organisations., 24 Nov 2014 11:00:01 GMTChancellor drops business rates reform hint for Autumn Statement 2014Chancellor, George Osborne has dropped his biggest hint yet that the Government will introduce some form of business rate relief in the 2014 Autumn Statement next month., 21 Nov 2014 14:00:01 GMTEmployers often pay more than the minimum into staff pension potsEmployers of UK SMEs are increasingly going above and beyond their automatic enrolment pension duties by contributing considerably more than the bare minimum., 20 Nov 2014 11:00:02 GMTCFE calls on Chancellor to consider corporate venturingThe Centre for Entrepreneurs (CFE) has called on the Chancellor of the Exchequer to unlock balance sheets and invest in SMEs through corporate venturing as part of his upcoming Autumn Statement., 19 Nov 2014 12:00:02 GMTHMRC criticised for slow action against tax evadersThe Public Accounts Committee has accused HM Revenue and Customs (HMRC) of being "unacceptably slow" in taking action against tax evaders., 18 Nov 2014 15:00:01 GMTGlobal Entrepreneurship Week kicks off todayThe world’s most significant campaign to promote entrepreneurship begins in earnest today., 17 Nov 2014 11:00:02 GMTUK banks set for full competition inquiryThe Competition and Markets Authority (CMA) is to launch a full inquiry into competition within the market for current accounts and small business banking., 14 Nov 2014 10:00:02 GMTFlexible working failing to make a difference, say SME staffThe vast majority of SME employees feel the right to request flexible working has made little difference within their company, according to new research from Bupa., 13 Nov 2014 10:00:05 GMTUK the third cheapest place in the world to start a businessThe UK has been ranked as the third cheapest place in the world to set up in business, according to the latest Legatum Prosperity Index from public policy think-tank, Legatum Institute., 12 Nov 2014 10:00:03 GMTSimplifying financial reporting requirements for SMEs could be counterproductiveThe over-simplification of financial reporting for the UK’s small businesses could be counterproductive and reduce potential access to finance, according to the Institute of Chartered Accountants in England and Wales (ICAEW)., 11 Nov 2014 10:00:02 GMTEmployers must now count overtime in holiday payWorkers have prevailed in a ground-breaking case at the Employment Appeal Tribunal to ensure overtime is included in holiday pay., 10 Nov 2014 10:00:02 GMT'Exceptional' take-up of support and advice from start-upsThe number of new start-ups that sought support and advice rose by 58 per cent during the last financial year, according to new figures released by the National Enterprise Network (NEN)., 07 Nov 2014 16:00:50 GMTOverall concern regarding SME business risk at its lowest levels yetOverall concern regarding business risk has fallen to its lowest levels since Zurich’s ‘SME Risk Index’ began in 2012 – down from 42.17 points in July 2014 to 39.92 points this month., 06 Nov 2014 10:00:02 GMTAlmost two-thirds of London SMEs now trading abroadAn increasing number of small and medium-sized enterprises (SMEs) in London are trading overseas, with almost two-thirds (60 per cent) now doing so, according to a survey by Avanta Serviced Office Group, in partnership with London First., 05 Nov 2014 12:00:02 GMTMumpreneurs require better funded Government support to succeed in businessSelf-employed mothers are looking for more Government aid to drive their businesses forward, according to an entrepreneurship expert from Manchester Metropolitan University (MMU)., 04 Nov 2014 12:00:07 GMTUK SMEs fuelling jobs growth, say BCCThe UK’s small and medium-sized enterprises (SMEs) are taking on more staff and increasing levels of pay for their workforce, according to the latest workforce survey by the British Chambers of Commerce (BCC)., 03 Nov 2014 11:00:01 GMTUK start-ups pay £35,500 to take on their first employeeIt costs small businesses in the UK £35,500 to take on their first employee on average; less than two-thirds of which is accounted for by their take-home salary., 31 Oct 2014 11:00:02 GMTGovernment to offer alternative finance to SMEsThe UK Government has confirmed it is moving forward with plans to improve access to alternative finance for small and medium-sized enterprises (SMEs) that have been turned down for funding by High Street banks., 30 Oct 2014 11:00:01 GMTHMRC pays out £400,000 to tax evasion informantsHM Revenue and Customs (HMRC) has confirmed it paid out more than £400,000 last year to 'informants' in the shape of rewards for notifying them of people who had evaded paying their tax liabilities., 29 Oct 2014 10:00:02 GMTHMRC reveals tax gap for 2012-13HM Revenue and Customs (HMRC) has published details of the tax gap during the 2012-13 tax year., 28 Oct 2014 11:00:02 GMTOne-in-ten UK SMEs operate without insurance coverTen per cent of small and medium-sized enterprises (SMEs) in the UK operate without insurance cover, while two-thirds have no business interruption insurance cover, leaving them highly vulnerable to accidents which could disrupt the day-to-day running of their business., 27 Oct 2014 10:00:03 GMTSmall firms keen to delay auto-enrolment until pension reforms are completeA recent poll by the Association of Consulting Actuaries (ACA) has found more than 90 per cent of small business owners wish to delay their auto-enrolment staging date until ongoing pension reforms are completed., 24 Oct 2014 10:00:02 GMTUK economic growth set to slow in 2015The UK economy is forecast to expand by 2.4 per cent in 2015; significantly below the 3.1 per cent growth anticipated in 2014., 22 Oct 2014 10:00:02 GMTSME lending falls by a further £400mThe UK's small business sector is still struggling to secure access to cash from the banks, according to the latest Trends in Lending report., 21 Oct 2014 12:00:02 GMTHMRC yields £131m from construction following tax status checksTougher tax status checks from HM Revenue and Customs (HMRC) has seen a seven per cent increase in revenue from investigations in the UK construction industry., 20 Oct 2014 10:00:02 GMTBritish Business Bank plans approved by European CommissionUK plans to set up a British Business Bank (BBB) have been approved by the European Commission, designed to oversee SME access to finance programmes in the UK, under EU state aid rules., 17 Oct 2014 10:00:01 GMTHMRC tax statement errors affect thousandsHM Revenue and Customs (HMRC) has revealed it is distributing second tax statements to thousands of taxpayers after their initial estimates for the year to April 2014 were miscalculated., 16 Oct 2014 10:00:01 GMTUK experiencing the rise of the independent retailerA new study has found there are more UK independent retailers open in 2014 than at any time since 2011., 15 Oct 2014 10:00:01 GMTCPI confirms UK inflation rate fell again in SeptemberThe Consumer Price Index (CPI) has confirmed that the UK's inflation rate dropped to 1.2 per cent last month., 14 Oct 2014 15:00:01 GMTWho is next on HMRC's unpaid tax hit list?In the last three years alone, HM Revenue and Customs (HMRC) has used its special task forces to recoup almost £1bn in unpaid tax., 13 Oct 2014 15:00:07 GMTProperty chiefs call for business rate overhaulA new report from the property industry has called for an overhaul in business rates, and for around one million small firms to be exempted completely from the tax., 10 Oct 2014 16:00:01 GMTBritish self-employed growing in confidenceSMEs and self-employed people in the UK are more confident about future prospects than their counterparts in both France and Germany., 09 Oct 2014 16:00:02 GMTPetition launched calling for support of self-employedWith National Freelancers Day on the horizon, a new petition has been launched calling for the government to do more to support independent professionals in Britain, 08 Oct 2014 16:00:02 GMTSmall businesses could receive business tax reliefBusiness secretary Vince Cable has indicated that smaller companies could soon be offered help dealing with business rates, 07 Oct 2014 16:00:04 GMTHMRC to squeeze tax avoidersThe UK Tax authority is to use new powers to try and crack down on alleged avoidance schemes., 07 Oct 2014 15:00:02 GMTHMRC goes to extensive lengths to tackle fraudulent emailsHM Revenue and Customs (HMRC) is calling on the public sector to assist them in solving the issue of fraudulent emails., 03 Oct 2014 11:00:02 GMTCreative business owners running part time ventures provide £15bn for UK economyA new study has found that a third (32 per cent) of UK workers run a creative business outside of their main job, contributing around £15bn to the UK economy., 02 Oct 2014 11:00:03 GMTOverwhelming SME support for Small Business BillA recent survey of UK small businesses has found that the contents of the government’s Small Business Bill are supported by 95 per cent of SMEs., 01 Oct 2014 11:00:02 GMTHMRC to retrieve up to £17k per year in tax debts from pay slipsHM Revenue and Customs (HMRC) is set to be given the authority to collect up to £17,000-a-year of tax debts directly from high earners’ pay packets., 30 Sep 2014 11:00:07 GMT10,000 new Yorkshire start-ups formed with New Enterprise AllowanceOver 10,000 (10,630) new businesses are said to have been created in Yorkshire and the North East as a result of a government scheme designed to create jobs by backing firms started by former jobseekers., 29 Sep 2014 12:00:07 GMTMajority of businesses still left confused by auto-enrolmentMore than half (56 per cent) of UK businesses still find auto-enrolment confusing and were unable to say what the term related to., 26 Sep 2014 10:00:01 GMTHMRC launches five VAT taskforces in the MidlandsHM Revenue and Customs’ (HMRC) plan to recoup over £100m in fraudulent VAT payments across the Midlands has seen the authority launch five taskforces in areas it has detected a high risk of tax evasion., 25 Sep 2014 11:00:02 GMTUK tax evasion figures almost four times HMRC estimates and risingThe scale of tax evasion in the UK is almost four times HM Revenue and Customs’ (HMRC) estimate and rising, according to a new report for the Public and Commercial Services (PCS) union launched at the Labour Party conference in Manchester., 24 Sep 2014 11:00:01 GMTIPSE lead calls for a minister for self-employmentThe Association of Independent Professional and Self-Employed (IPSE) believe the UK needs a minister for self-employment to ensure the growing freelance workforce is “recognised and understood” in Whitehall., 23 Sep 2014 12:00:01 GMTBPF calls for business rates to be scrapped for one million SMEsThe British Property Federation (BPF) is set to publish its proposal in the coming weeks to revolutionise the current business rates system, including the exemption of business rates for one million SMEs., 22 Sep 2014 11:00:02 GMTSelf-employed construction workers told to review working arrangementsSelf-employed construction workers have been asked to seek an expert independent review of their current working arrangements as HM Revenue and Customs (HMRC) ramps up its investigation over ineligible schemes., 19 Sep 2014 15:00:04 GMTUK SME confidence reaches all-time highThe positive feeling among UK small businesses has reached new levels according to the latest Small Business Index by the Federation of Small Businesses (FSB)., 18 Sep 2014 11:00:02 GMTUK inflation rate falls to 1.5% in AugustThe UK’s annual rate of inflation fell to 1.5 per cent from 1.6 per cent in August, according to the Office for National Statistics (ONS)., 17 Sep 2014 12:00:06 GMTSmall high street retailers benefitting from tax breaksMore than 300,000 independent high street shops have benefitted from new tax breaks, according to the Government., 16 Sep 2014 10:00:02 GMTStaff training and development back on SME agendaThere has been a rise in the number of SME employees benefitting from personal development plans and dedicated training, according to the Personal Development in the Workplace Study 2014., 15 Sep 2014 11:00:01 GMTeBay trader found guilty of undeclared self-employed incomeHM Revenue and Customs (HMRC) has warned its tax clampdown on online traders is still proving dividends after recently jailing an online retailer for failing to declare six years’ worth of income from selling on eBay., 12 Sep 2014 12:00:02 GMT59% of start-ups rejected for traditional funding in last two yearsMore than half (59 per cent) of UK start-ups have been rejected for a bank loan to kick-start their business in the last two years, according to a study by UK business angel network, Angels Den., 11 Sep 2014 11:00:01 GMTHMRC to phase in penalties for late real-time PAYE returnsBusinesses with less than 50 employees will experience automated penalties for late real-time PAYE returns from 6th March 2015., 10 Sep 2014 12:00:02 GMTEmployers anticipate national minimum wage increaseUK small business owners are being urged to prepare their books ahead of changes to the national minimum wage from 1st October 2014., 09 Sep 2014 11:00:01 GMTGlobal increase in confidence among SMEsConfidence among small businesses has grown on a global scale according to the sixth annual Hiscox DNA of an Entrepreneur study., 08 Sep 2014 12:00:02 GMTHMRC accused of sending incorrect child benefit red lettersHM Revenue and Customs (HMRC) has been accused of distributing erroneous letters to parents on high incomes that are continuing to receive child benefit payments., 05 Sep 2014 10:00:07 GMTFSB calls on LEPs to better engage with small businessesA new report from the Federation of Small Businesses (FSB) has argued for better representation of SMEs by Local Enterprise Partnerships (LEPs) to encourage regional economic growth., 04 Sep 2014 11:00:02 GMTUK economy now the ninth most competitive in the worldThe UK’s economy has been ranked as the ninth most competitive market on the planet, according to the World Economic Forum’s (WEF) ‘Global Competitiveness Report’., 03 Sep 2014 14:00:01 GMTFunding for Lending Scheme figures continue to fall in Q2 2014New figures from the Bank of England show that lending to small and medium-sized enterprises (SMEs) through the government’s Funding for Lending Scheme (FLS) declined again in the second quarter of 2014., 02 Sep 2014 11:00:02 GMTHMRC set to withdraw 0845 helpline telephone numbersHM Revenue and Customs (HMRC) is set to withdraw the availability of its 0845 telephone helplines, with all calls to HMRC to be made using 03 numbers from December 2014., 01 Sep 2014 11:00:03 GMTBCC upgrades UK economic growth forecast for 2014 and 2015The British Chambers of Commerce (BCC) has predicted the UK economy will grow quicker than expected this year and in 2015., 29 Aug 2014 11:00:01 GMTBDRC reveals decline in use of traditional finance from UK SMEsA survey of 65,000 UK small firms by market research company, BDRC Continental, found that fewer SMEs are using traditional forms of financing such as overdrafts, loans and credit cards., 28 Aug 2014 11:00:01 GMTMany UK firms ill-prepared for summer holiday periodA number of full-time workers for UK SMEs are taking on additional work in order to cover for colleagues on annual leave, according to a study by Elance-oDesk, an online marketplace connecting businesses with freelancers., 27 Aug 2014 11:00:04 GMTGovernment seeks to tighten zero-hours contract loopholesBusiness Secretary, Vince Cable is calling on business owners and employees to co-operate with the Government and identify potential loopholes in the zero-hour contracts system that could be exploited by ‘rogue employers’., 26 Aug 2014 11:00:02 GMTSelf-employment figures at 40-year high, says ONSThere are now 4.6 million people working for themselves in the UK, according to new statistics from the Office of National Statistics (ONS)., 22 Aug 2014 12:00:04 GMTRegional Growth Fund slow to attract private investmentThe government’s Regional Growth Fund (RGF) has come under fire for its sluggish performance by Labour’s shadow business secretary, Chuka Umunna., 21 Aug 2014 11:00:01 GMTOffshore tax evasion could become a criminal offencePeople who fail to disclose taxable offshore income and gains will be in danger of criminal prosecution, under new proposals announced this week., 20 Aug 2014 10:00:02 GMTUK SMEs set to create 1.9 million new positions in 2014Small businesses across Britain are expected to open up as many as 1.9 million new job positions by the end of the year, according to a new report from Direct Line for Business (DL4B)., 19 Aug 2014 09:00:01 GMTNew legislation set to give home business owners greater freedomEntrepreneurs are to be given more freedom to start their own business from home under new legislation set to be announced by the Government., 15 Aug 2014 10:00:07 GMTUK suppliers of digital services face VAT warningHM Revenue and Customs (HMRC) has issued detailed guidance to suppliers of digital services regarding VAT changes set to take effect on 1st January 2015., 15 Aug 2014 10:00:07 GMTAre you a Home Business and proud?Tomorrow is expected to be a big day for Home Businesses in the UK. Enterprise Nation launches the UK’s biggest Home Business survey, in association with Direct Line for Business., 14 Aug 2014 10:00:02 GMTSMEs slow to improve age diversity in employeesAlmost half of UK SMEs admit to having no initiatives in place to ensure they can appoint skilled and diverse people of all ages, according to a recent study from the Chartered Institute of Personnel and Development (CIPD) and the Scottish Centre for Healthy Working Lives., 13 Aug 2014 10:00:02 GMTUK hailed as Western Europe's 'self-employment capital'The number of entrepreneurs in the UK is rising sufficiently to make Britain the ‘self-employment capital’ of Western Europe, according to a new report from think-tank, IPPR., 12 Aug 2014 10:00:02 GMTHMRC set to get tough on inheritance taxHM Revenue and Customs (HMRC) is set to crack down on inheritance tax avoidance schemes., 11 Aug 2014 11:37:21 GMTContractors to have their say on the OTS employment status reviewContractors will soon be able to discuss the new review into employment status with the Office of Tax Simplification (OTS)., 07 Aug 2014 11:01:06 GMTHMRC's new approach to Business Record Checks still 'not working'Almost three-quarters of UK firms subjected to a Business Records Check (BRC) by HM Revenue and Customs (HMRC) had no errors with their paperwork, with many suggesting the new approach is still not working., 05 Aug 2014 09:02:02 GMTHMRC extends tax credits renewals deadline by a weekHM Revenue and Customs (HMRC) has extended its tax credits renewals deadline by an extra week in response to industrial action taking place this week., 31 Jul 2014 10:02:01 GMTSMEs on the brink of closure despite improving economyThough the UK economy is showing signs of recovery, around one-in-eight small firms have considered shutting up shop in the last few months, according to a new study by insurance firm, Zurich., 30 Jul 2014 10:02:01 GMTHMRC warns 16,000 contractors over offshore loan schemeMore than 16,000 individuals have been given six months by HM Revenue and Customs (HMRC) to come forward or risk paying more, having previously used an offshore scheme that avoided £176m a year in tax., 29 Jul 2014 10:02:02 GMTEconomic recovery shows little sign of slowing, say CBIAccording to the Confederation of British Industry’s (CBI) latest growth indicator, private sector output growth is maintaining a healthy pace, suggesting the recovery is showing no sign of slowing down at present., 28 Jul 2014 11:02:01 GMTHMRC recoups £1bn via High Net Worth UnitHM Revenue and Customs (HMRC) has yielded more than £1 billion in tax compliance through its High Net Worth Unit – a specialist division which deals with the tax affairs of the UK’s wealthiest individuals., 25 Jul 2014 10:02:01 GMTUK braced for retail revolution thanks to pop-up shopsA new report conducted by telecoms giant EE has revealed that short-term retail is the fastest growing sector in the UK., 24 Jul 2014 10:02:02 GMTPayPal to offer working capital to small business customersOnline payments giant PayPal is to offer loans to small firms in the UK for the first time., 23 Jul 2014 10:02:01 GMTSME contractors burdened with £484,000 trade debt on averageSmall and medium-sized construction firms are being saddled with almost half-a-million pounds worth of trade debt due to late payments, according to a survey of Companies House accounts., 22 Jul 2014 10:02:03 GMTHMRC takes a tougher stance towards winding-up petitionsHM Revenue and Customs (HMRC) has increased winding-up petitions by 11 per cent, as part of a hard-line approach to recover unpaid tax from UK firms., 21 Jul 2014 12:02:02 GMTCompanies House to release all digital data free of chargeCompanies House is set to make all of its digital data available free of charge, making the UK the first country in the world to establish an entirely open register of business information., 17 Jul 2014 10:02:01 GMTSMEs see annual compliance bills soar above inflationUK small firms have experienced an above-inflationary increase to their annual compliance bills, according to new research by the Forum of Private Business., 16 Jul 2014 10:02:01 GMTHalf of UK start-ups are rejected for funding due to lack of trading historyAlmost half (44 per cent) of UK start-ups are having to resort to self-funding to raise necessary capital as half of all SMEs are being rejected for finance because they hadn’t been trading long enough., 15 Jul 2014 11:02:02 GMTHome Office tightens Entrepreneur Visa legislationThe Home Office has confirmed it is to tighten the rules on professionals applying for Tier 1 Entrepreneur Visas to the UK after discovering a scam led by organised gangs., 14 Jul 2014 11:02:02 GMTHalf of SME managers working six day weeksNew research from the Institute of Leadership and Management has found that 47 per cent of SME managers are working an additional day’s worth of overtime each week, with 13 per cent working an additional 15 hours., 11 Jul 2014 11:02:02 GMTDecline in average UK wages may be worse than first thoughtNew research suggests that average wages in the UK may have declined more than official figures show, according to a leading think-tank., 10 Jul 2014 10:02:01 GMTTax practitioners raise concerns over HMRC debt collection plansUK tax practitioners have questioned plans from HM Revenue and Customs (HMRC) to deduct tax directly from debtors’ bank accounts., 09 Jul 2014 11:02:02 GMTGovernment announces fresh Growth Deals to 'fire up' local economiesThe Government has announced the first stage of a £12 billion funding scheme, designed to create new jobs, build new homes, train young people, support local businesses and kick-start infrastructure projects throughout England., 08 Jul 2014 11:02:01 GMTHMRC apologises for wrongly estimating additional tax incomeChancellor, George Osborne has been left red-faced after HM Revenue and Customs (HMRC) recently apologised for wrongly estimating how much money it was getting in additional tax income by almost £2 billion., 07 Jul 2014 10:02:02 GMTSome UK regions lacking aspiration according to new surveyAll regions in the UK ranked among the top half of Europe’s most entrepreneurial ecosystems, however many are being accused of a lack of aspiration which is holding back growth., 04 Jul 2014 11:02:02 GMTHMRC issues tax credits renewal warningUp to 1.5 million UK residents who receive tax credits have less than one month to renew their claims or risk having their payments ceased, warned HM Revenue and Customs (HMRC)., 03 Jul 2014 10:02:01 GMTAll employees given the right to request flexible working hoursEvery single UK employee now has the right to request flexible working hours after the Government extended the ruling previously reserved for carers and those looking after children., 02 Jul 2014 10:02:02 GMTSmall Business, Enterprise and Employment Bill to open new doors for SMEsThe Government has just announced the Small Business, Enterprise and Employment Bill which is designed to open up new opportunities for entrepreneurs and growing small firms to compete for work and expand., 01 Jul 2014 10:02:02 GMTUK rated the primary destination for global investorsInward investment projects within the UK increased by 15 per cent in 2013, retaining its position as Europe’s most attractive destination for global investors while simultaneously increasing its market share., 30 Jun 2014 10:02:01 GMTMillions of Brits face having to repay tax as a result of HMRC blunderMillions of British workers have been faced with the possibility of repaying tax following a government error., 25 Jun 2014 11:02:02 GMTDawn raids conducted by HMRC down 6% in 2013-14The number of dawn raids carried out by HM Revenue and Customs (HMRC) as a consequence of tax evasion investigations has declined by around six per cent in the last 12 months., 25 Jun 2014 10:02:02 GMTFSB warns of threat to Scottish town centresThe Federation of Small Businesses (FSB) has compiled a list of 98 towns and cities across Scotland which have recently seen services such as bank branches, Sheriff Courts, Crown Post Offices and Police Counters closed down., 24 Jun 2014 10:02:02 GMTBRC calls for 100,000 small firms to be exempt from business ratesThe British Retail Consortium (BRC) is calling for as many as 100,000 small firms in the UK to be freed of the millstone of business rates around their necks., 23 Jun 2014 10:02:02 GMTBirmingham SMEs to be given £56m growth fund by Birmingham City CouncilSmall and medium-sized enterprises (SMEs) in Greater Birmingham, Solihull and the Black Country are to be given a helping hand after Finance Birmingham launched a new £56m growth fund., 20 Jun 2014 10:02:01 GMTBanks slashing small business overdrafts more sharply than bank loansSMEs are being forced to endure a ‘hidden credit crunch’ with overdrafts slashed by 23 per cent in the last two years, while traditional bank loans were cut by just nine per cent., 19 Jun 2014 10:02:01 GMTUK SMEs 'taking a gamble' by not having key person coverAlmost two-thirds of the UK’s small and medium-sized enterprises (SMEs) are running the risk of "severe impact" on their day-to-day operations by having no protection insurance for their owners and key employers., 18 Jun 2014 10:02:01 GMTHMRC accused of adopting 'bully boy' tactics toward taxpayersHM Revenue and Customs (HMRC) has been accused of resorting to “bully boy” tactics after sending out letters questioning savers as to why their “effective rate of tax” is lower than the national average., 17 Jun 2014 10:02:02 GMTSelf-employed battle loneliness in a bid for self-fulfilmentThe number of self-employed people in the UK has reached record levels to more than 4.5 million, but a study released by a London-based co-working space found that many freelancers battle loneliness in search of an improved work-life balance., 16 Jun 2014 10:02:01 GMTHMRC to release full annual tax statements for first timeHM Revenue and Customs (HMRC) is to send out full annual tax summaries for the first time in October 2014., 13 Jun 2014 10:02:02 GMTLabour to announce auto-enrolment plans for an extra 1.5 million workersLabour is expected to announce plans to reduce the threshold for auto-enrolment eligibility that would see an additional 1.5 million workers enrolled into a pension scheme., 12 Jun 2014 11:02:01 GMTSMEs urged to get involved during Independents' Day 2014The fourth Independents' Day is just around the corner, aiming to promote and celebrate independent businesses across the UK., 11 Jun 2014 09:02:01 GMTTPR confirms auto-enrolment applies to Limited Liability PartnershipsThe Supreme Court has ruled that members of Limited Liability Partnerships (LLPs) can be considered workers for auto-enrolment (AE) purposes, The Pensions Regulator (TPR) has confirmed., 10 Jun 2014 11:02:01 GMTGovernment announces 'pro-business' measures in Queen's SpeechThe Coalition Government outlined a series of “unashamedly pro-work and pro-business” measures as part of the Queen’s Speech last week., 09 Jun 2014 10:02:02 GMTONS records highest numbers of home workers in the UKThe Office of National Statistics (ONS) has revealed the number of people working from home in the UK has risen to its highest level since records began., 06 Jun 2014 11:02:02 GMTThe tax-free 'shadow economy' uncoveredA new report suggests that £1 in every £10 spent in the 2011/12 tax year was undeclared to HM Revenue and Customs (HMRC), resulting in a ‘shadow economy’ of £100bn worth of undeclared UK trade., 05 Jun 2014 10:02:01 GMTRecord levels of small manufacturers planning to create new positionsRecord numbers of UK small manufacturers are looking to take on new staff with recruitment confidence reaching a three-year high., 04 Jun 2014 12:02:01 GMTUK service firms at their most optimistic since 1998The Confederation of British Industry (CBI) has released its quarterly Service Sector Survey, displaying activity in the sector which accounts for more than three-quarters of the UK economy, and indications suggest activity rose for a fourth consecutive quarter., 03 Jun 2014 10:02:01 GMTGovernment to announce new late payment legislationThe UK’s Business Secretary, Vince Cable, is to announce plans to tackle the issue of late payments to UK businesses., 02 Jun 2014 10:02:01 GMTMajority of UK SMEs nonplussed by EU membership, says new surveyOnly a quarter of UK small and medium-sized enterprises (SMEs) feel that quitting the European Union (EU) would have a negative effect on their business, according to a new poll of small firms by Sage One., 30 May 2014 10:02:01 GMTMore university graduates opting to go freelanceThe number of university graduates opting to work for themselves rather than become an employee has nearly doubled in the last 12 months, according to a new study by online freelance marketplace, PeoplePerHour., 29 May 2014 10:02:01 GMTBanking Standards Review Council set to safeguard UK bankingA brand new watchdog is to be launched later this year, designed to maintain standards in banking for individuals and businesses alike., 28 May 2014 10:02:01 GMTHMRC's tax avoidance crackdown yields £23.9bn in additional taxHM Revenue and Customs (HMRC) has revealed it raised a record £23.9bn in additional tax for the year to the end of March 2014, as a result of a crackdown on tax avoidance., 27 May 2014 10:02:02 GMTEuropean Court says commission should be included in holiday payThe European Court of Justice (ECJ) has passed a new ruling that insists businesses must include commission in holiday pay where an employee’s regular salary includes commission., 23 May 2014 10:02:02 GMTSMEs feel banks should be transparent over lending rejectionsNew industry research has found that SMEs feel banks should be legally forced to reveal who they have rejected for finance deals., 22 May 2014 10:02:01 GMTHMRC accused of 'railroading' UK firms to pay unnecessary finesAnalysis of HM Revenue and Customs (HMRC) data by UHY Hacker Young has led to suggestions that the tax authority is ‘railroading’ British businesses into a system of unnecessary fines and penalties., 21 May 2014 10:02:01 GMTCIOT warns of hidden capital gains tax changes for UK residentsThe Chartered Institute of Taxation (CIOT) has voiced concern over the proposed withdrawal of the principal residence election for all taxpayers., 20 May 2014 10:02:03 GMTHMRC monitors company vans and allowances more closelyHM Revenue and Customs (HMRC) is to target company vans and subsistence allowances when auditing company records, as the tax authority places renewed emphasis on benefits and rewards labelled as taxable benefits., 19 May 2014 11:02:01 GMTBudget 2014 compounds auto-enrolment capacity fearsFears over an auto-enrolment (AE) capacity problem in early 2015 have been compounded by the announcements made in Budget 2014, according to leading consultants., 16 May 2014 12:02:01 GMTSMEs show reluctance to change banksThe UK’s small and medium-sized enterprises (SMEs) are still showing a reluctance to switch banks despite ongoing concerns over access to finance, bank charges and the calling-in of loans, according to the Forum of Private Business (FPB)., 14 May 2014 11:02:02 GMTRising minimum wage could force SME food manufacturers out of UKThe increase in national minimum wage for adults, announced by business secretary, Vince Cable, could drive small and medium-sized enterprise (SME) food manufacturers out of the UK, a leading bakery boss has warned., 13 May 2014 11:02:02 GMTCBI anticipates UK interest rates to rise to 0.75% in Q1 2015The Confederation of British Industry (CBI) has predicted that UK interest rates will increase to 0.75 per cent from 0.5 per cent in the first three months of 2015 as economic growth accelerates., 12 May 2014 11:02:02 GMTScotland calls for more female entrepreneursScotland’s economy could be boosted to the tune of £7.6bn if the number of female entrepreneurs matched the men who have already set up their own business., 09 May 2014 11:02:02 GMTHMRC to raid 17,000 accounts a year in unpaid tax crackdownHM Revenue and Customs (HMRC) has said an estimated 17,000 people a year will have their bank accounts raided in a crackdown on unpaid tax under new rules., 08 May 2014 10:02:04 GMTHMRC to axe online-only rule for VAT returnsHM Revenue and Customs (HMRC) has confirmed it will relax its current ruling requiring all VAT returns to be filed online, in a move that campaigners for tax fairness have welcomed with open arms., 07 May 2014 11:02:01 GMTUK's self-employed earning 40 per cent less than typical employeesNew research from a UK think-tank suggests the typical freelancer earns 40 per cent less than the typical full-time employee., 06 May 2014 12:02:02 GMTSMEs warned to register for auto enrolment to avoid enforcement actionA number of UK small businesses are being warned to register for auto enrolment pension schemes as soon as possible to avoid the threat of enforcement action, according to pensions regulator, Legal & General., 02 May 2014 10:02:02 GMTCash-only SMEs missing out on £12bn in revenueUK SMEs are being urged to accelerate their adoption of alternative payment methods with cash-only retailers losing out on £12 billion worth of revenue by simply not offering alternatives to paying in cash., 01 May 2014 10:02:01 GMTGovernment to provide extra business investment to successful 'Assisted Area' centresThe UK Government has revealed the areas of the UK which have successfully secured Assisted Area status., 30 Apr 2014 16:02:01 GMTMore than 200,000 SMEs suffering from 'significant' financial distressAlmost a quarter-of-a-million UK SMEs still have to deal with significant financial distress, despite the improving economic climate, according to a new report., 30 Apr 2014 11:02:01 GMTHMRC targets employees who freelance outside of full-time workHM Revenue and Customs (HMRC) is launching its Second Incomes Campaign, designed to target those who freelance on top of their normal job but, as yet, have failed to declare their self-employed income., 29 Apr 2014 12:02:01 GMTGovernment urged to scrap 45p tax rate and reduce CGT to aid 'super entrepreneurs'The UK Government has been urged by the Centre for Policy Studies (CPS) to scrap the current 45p tax rate and reduce capital gains tax (CGT) in a bid to encourage a rise in the number of ‘super entrepreneurs’ throughout Britain., 28 Apr 2014 11:02:01 GMTApprentices are worth £214 per week to SMEsThe UK’s SMEs are being encouraged to invest more into apprenticeships with a new study estimating that apprentices are worth up to £214 per week to small firms through reduced costs and improved quality of products., 25 Apr 2014 11:02:04 GMTWelfare reforms encouraging more people to become self-employedThe Bank of England has suggested that new benefit cuts are encouraging more people into self-employment, creating a new generation of entrepreneurs., 24 Apr 2014 11:02:02 GMTGovernment seeks to crack down on secretive company ownersBusiness secretary, Vince Cable has announced government plans to unmask secretive company owners with a public register of company owners., 23 Apr 2014 11:02:01 GMT450,000 self-employed Brits would prefer a 'normal' jobA new survey by the Resolution Foundation suggests that more than a quarter (28 per cent) of people declaring themselves self-employed in the last five years would prefer to be employees; equivalent to more than 450,000 of the 1.7 million people who have become self-employed in the last five years., 22 Apr 2014 11:02:03 GMTSMEs are more consistently profitable with a business planThe UK’s small and medium-sized enterprises (SMEs) are more profitable with a business plan than those without, according to new research by business and finance software provider, Exact., 17 Apr 2014 10:02:01 GMTFamily firms to contribute £218bn a year to UK economy by 2018The value of family-run businesses to the UK economy is expected to reach £180 billion in 2014, with new research indicating that figure could soar to £218 billion in four years., 16 Apr 2014 10:02:02 GMTCalling residential landlords: get your tax affairs up to dateHM Revenue and Customs (HMRC) is giving residential landlords the opportunity to bring their tax affairs up to date – receiving the best possible terms to pay outstanding tax – through its Let Property Campaign., 15 Apr 2014 13:02:02 GMTHMRC appeals to professionals with second incomesHM Revenue and Customs (HMRC) has called out to professionals with second incomes, giving them the chance to bring their tax affairs up to date for those who are employed and have additional income that’s not currently taxed., 14 Apr 2014 11:02:02 GMT'Mumpreneurs' considering starting a business from homeAlmost two-thirds of mothers with children under the age of 10 are considering starting up their own business from home in the next three years, according to a recent study by Direct Line for Business., 11 Apr 2014 11:02:01 GMTFlexible working to be extended to all employees this summerFrom this summer, all employees who have 26 weeks’ continuous employment with the same employer will be allowed to ask for flexible work, with a simplified request procedure also set to be introduced., 10 Apr 2014 11:02:02 GMTFreelancers increasingly confident about UK economyThe vast majority of sole traders and freelancers in the UK are feeling increasingly positive about the prospects of the economy in the next 12 months., 09 Apr 2014 11:02:02 GMTSMEs using Windows XP urged to act fastWith Microsoft ending its security support for the Windows XP operating system today, small and medium-sized enterprises (SMEs) that still use the software are being urged to act fast to avoid the security risks that will ensue., 08 Apr 2014 12:02:02 GMTTax avoidance strategy could 'hurt' contractor reputations, say firmA leading business solutions brokerage company, specialising in the temporary worker and contractor sector, has suggested the government’s new tax avoidance strategy could have damaging consequences for contractors., 07 Apr 2014 12:02:02 GMTSMEs hindered by technology 'blind spot'The UK’s small and medium-sized enterprises (SMEs) are risking business growth due to technology blind spots, according to new research from the Lloyds Bank UK Business Digital Index., 04 Apr 2014 11:02:02 GMTIEA calls for abolishment of minimum wage for young peopleThe Institute of Economic Affairs (IEA) has led calls for the abolition of the National Minimum wage for apprentices and under 18s in the UK, in a bid to tackle persistently high youth unemployment., 03 Apr 2014 12:02:02 GMTGovernment introduces new measures to support SMEsThe Government has revealed a raft of new measures designed to support the UK’s small business sector, according to Skills and Enterprise Minister, Matthew Hancock., 02 Apr 2014 11:02:01 GMTScottish SMEs wary over independence implicationsScotland’s small and medium-sized enterprises (SMEs) are somewhat divided over the possible implications of their nation securing independence, according to a new survey by Ingenious Britain., 01 Apr 2014 11:02:01 GMTSmall Business Saturday to return on 6th December 2014The Small Business Saturday organisers have confirmed the date for this year’s event on Saturday 6th December 2014., 31 Mar 2014 10:02:01 GMTSMEs surprisingly reject notion of Government fines for late payersAs many as nine-in-ten (88 per cent) of UK small businesses were affected by late payments in 2013, according to new research from Hilton-Baird Collection services., 27 Mar 2014 14:02:01 GMTACCA labels new HMRC tax raid powers 'seriously draconian'The Association of Chartered Certified Accountants (ACCA) has spoken out against new powers enabling HM Revenue and Customs (HMRC) to raid bank accounts to collect unpaid tax, insisting it would be a “seriously draconian” move., 25 Mar 2014 10:02:01 GMTSeed Enterprise Investment Scheme made a permanent fixtureThe Seed Enterprise Investment Scheme (SEIS), which offers tax efficient benefits to individuals whilst encouraging investment in small and early-stage start-up businesses in the UK, has been made a permanent fixture by Chancellor George Osborne at his Budget 2014 speech., 21 Mar 2014 15:02:01 GMTAnnual Investment Allowance doubled to £500,000The Annual Investment Allowance (AIA) is available for most businesses and partnerships in the UK. Businesses can claim AIA for capital expenditure incurred on the majority of plant and machinery items., 19 Mar 2014 18:02:02 GMTChancellor Osborne pledges a Budget for businessChancellor, George Osborne has pledged to deliver a Budget which backs UK businesses, with survey data indicating that the economic recovery is continuing to gather pace., 18 Mar 2014 10:02:01 GMTLandlords targeted in latest HMRC underpayment crackdownHM Revenue and Customs (HMRC) has targeted residential landlords in its latest crackdown on tax underpayment. Buy-to-let landlords and owners of multiple homes will soon receive letters from HMRC requesting additional information about their rental income and other details., 14 Mar 2014 10:02:01 GMTBanks continuing to 'squeeze' SMEsUK bankers are being incentivised to hit small and medium-sized enterprises (SMEs) looking for business loans with excessive fees, according to new research into the behaviour of lenders towards firms by The Institute for Turnaround., 11 Mar 2014 11:02:02 GMTHealth professionals running out of time to use Health and Wellbeing Tax PlanHM Revenue and Customs (HMRC) has reminded healthcare professionals that they are running out of time to bring their tax affairs up-to-date on the best terms possible under the Health and Wellbeing Tax Plan, launched in October 2013., 07 Mar 2014 14:02:02 GMTCBI calls for more SME support in Budget 2014The Confederation of British Industry’s (CBI) director general, John Cridland, has called on Chancellor George Osborne to provide additional help to small and medium-sized enterprises (SMEs) in the UK as part of this year’s Budget., 04 Mar 2014 12:02:01 GMTNational Apprenticeship Week 2014 now in full swingToday marks the beginning of National Apprenticeship Week 2014, designed to celebrate apprenticeships and the positive impact they have on individuals, firms and the UK economy as a whole., 03 Mar 2014 15:02:02 GMTUK firms keen for more decisions to be made in WestminsterHalf of all UK companies surveyed believe that remaining in the European Union (EU) whilst transferring some power back to Westminster would have a positive impact on the national economy, according to the British Chambers of Commerce’s (BCC) EU business barometer., 28 Feb 2014 11:02:01 GMTFPB alarmed at SMEs' reluctance to borrow moneyThe Forum of Private Business (FPB) has spoken out regarding the issue of the UK’s small businesses that are unwilling to lend money and seek external finance to fund business growth., 27 Feb 2014 13:02:01 GMTHMRC steps up tax crackdown on construction workersHM Revenue and Customs (HMRC) continues to carry out a targeted crackdown on construction contractor cases, resulting in tax revenue increasing by more than half (55 per cent) on the previous year, according to research by NoPalaver., 26 Feb 2014 12:02:02 GMTHMRC reminds small enterprises of cash basisHM Revenue and Customs (HMRC) has urged small businesses such as cab drivers, window cleaners and hairdressers to make the most of a simpler system of recording income and outgoings throughout the tax year., 25 Feb 2014 12:02:02 GMTUK economic recovery "not yet secure", warns OsborneChancellor, George Osborne has warned that the UK’s economic revival is by no means “secure”, ahead of next month’s Budget., 24 Feb 2014 15:02:02 GMTSelf-employment growth figure surpasses new jobs, say ONSThe Office of National Statistics (ONS) has revealed that the rise of professionals in the self-employed sector has outstripped the creation of new jobs, indicating a change in the way the UK is beginning to work., 21 Feb 2014 11:02:02 GMTReforms to statutory sick pay could cripple small firmsThe UK’s smallest businesses could be sent bankrupt if plans to reform statutory sick pay regulations go ahead., 20 Feb 2014 10:02:01 GMTSmall firms continue to underestimate auto-enrolmentA number of the UK’s small and medium-sized enterprises (SMEs) are continuing to underestimate the requirements of auto-enrolment pensions, despite some 6,000 firms being six weeks away from their staging date., 19 Feb 2014 11:02:02 GMTBRC puts forward 'ground-breaking' business rate reform ideasThe British Retail Consortium (BRC) has unveiled plans to radically overhaul the existing UK business rates system, including a move to charge businesses based on energy usage., 18 Feb 2014 15:02:01 GMTSMEs feel nonplussed by government's red tape initiativeThe vast majority of the UK’s small businesses feel the Government’s three-year campaign to cut red tape has had little or no impact, according to research by business information group, Croner., 17 Feb 2014 11:02:01 GMTFlood-hit businesses set to receive 100% business rate relief, says PMPrime Minister, David Cameron has confirmed that businesses hit by the recent spate of serious flooding will be given 100 per cent business rate relief., 14 Feb 2014 11:02:01 GMTEmployers given extra time before penalties introducedHM Revenue and Customs (HMRC) has confirmed it will stagger the commencement of penalties after listening to customer feedback on Real Time Information (RTI) reporting changes., 13 Feb 2014 10:02:01 GMTHMRC says 710,000 people will receive fines for late returnsAlmost three quarters of a million people will receive automatic fines at the end of the month for failing to submit their tax returns in time., 12 Feb 2014 14:02:01 GMTEmployers can claim Employment Allowance from April 2014From 6th April 2014, UK employers can claim the Employment Allowance and reduce their Class 1 National Insurance contributions (NICs)., 10 Feb 2014 11:02:01 GMTYoung teens yearn for entrepreneurial education at schoolJust one-in-ten UK teenagers believe their school is providing them with enough information to consider starting their own business, according to a study by Shelley Stock Hutter., 06 Feb 2014 13:02:02 GMTFSB reports half of its members were paid late by larger firms in 2013New data from the Federation of Small Businesses (FSB) has found that more than half of its members were paid beyond the agreed payment date by larger companies last year., 05 Feb 2014 14:02:02 GMTMortgage lenders tighten loan rules for recently self-employed entrepreneursNewly self-employed individuals could find it harder to gain access to funding to buy a home or even to remortgage., 04 Feb 2014 10:02:01 GMTHMRC reports record-breaking year for Self-Assessment tax returnsHM Revenue and Customs (HMRC) has reported that more than 10 million Self-Assessment tax returns were received prior to the 31st January 2014 filing deadline; defeating last year’s total of 9.61 million., 03 Feb 2014 12:02:01 GMTSelect taxpayers offered Self-Assessment tax return extensionHM Revenue and Customs (HMRC) has announced that a number of taxpayers can avoid a late filing penalty for their 2012-13 Self-Assessment tax returns., 31 Jan 2014 11:02:02 GMTEmployees would forgo pay rises for employer protectionTwo-fifths (41 per cent) of UK employees say they would forgo a pay rise of between one and three per cent in favour of Group Life Insurance and Group Income Protection from their employer, according to a new report., 30 Jan 2014 12:02:01 GMTUK economy growing at its fastest rate since 2007The national economy has grown at its fastest rate since 2007 in the last 12 months, according to latest GDP figures and a separate poll., 29 Jan 2014 12:02:02 GMT2012-13 Self-Assessment tax return deadline approaching this week2.8 million UK taxpayers are yet to file their 2012-13 tax return and the clock is ticking. The deadline for Self-Assessment online tax returns – and paying what you owe - is midnight on Friday., 28 Jan 2014 14:02:01 GMTPrime minister pledges to remove 3,000 'crazy' business regulations for SMEsPrime minister, David Cameron has pledged to remove up to 3,000 business regulations which are currently holding back small businesses from expanding in their respective industries., 27 Jan 2014 13:02:02 GMTBBC faces struggle to axe presenters' tax-saving freelance contractsThe BBC’s highest-paid television presenters have been informed they will stop being paid through ‘personal service companies’ after the corporation promised the Government to stop paying staff through freelance contracts at a lower rate of tax., 24 Jan 2014 14:02:02 GMTGovernment to launch Growth Vouchers at the end of the monthAt the end of this month, the Government will launch its £30 million research programme designed to test the value to small businesses of accessing professional advice., 23 Jan 2014 13:02:01 GMTSmall firms still reliant on overdrafts and credit cardsMany of the UK’s small business sector are still heavily reliant on credit cards and bank overdrafts to secure quick access to working capital as they simply aren’t aware of alternative funding options, MPs will reveal today., 22 Jan 2014 10:02:02 GMTMore young entrepreneurs doing business in the last 12 monthsThe number of entrepreneurs aged 18 to 24-years-old starting a new business or choosing to freelance self-employed has almost doubled in the last year, according to a study by freelance website PeoplePerHour., 20 Jan 2014 14:02:03 GMTSouth West England taxpayers 'most punctual' with tax return deadlinesTaxpayers in the South West of England are the most punctual in the UK, according to new figures released today by HM Revenue and Customs (HMRC)., 17 Jan 2014 15:02:04 GMTEU rubber-stamps procurement directives to aid UK SMEsThe European Parliament has approved new legislation to make it easier for UK small firms to tender for public sector work across the continent., 16 Jan 2014 15:02:02 GMTRogue SME owners failing to pay minimum wage face Government finesUK small business owners who fail to pay their employees the minimum wage will face Government fines of up to £20,000, according to reports., 15 Jan 2014 13:02:01 GMTSMEs losing out on £3.7bn through forgotten invoicesThe UK’s small and medium-sized enterprises (SMEs) could be missing out on as much as £3.7 billion-a-year in revenue through failing to submit or chase up invoices, according to a new study., 14 Jan 2014 14:02:01 GMTGovernment launches 'cyber streetwise' campaign to improve SME awarenessAn estimated 11 million internet-enabled devices were received as Christmas gifts last month, with business security professionals suggesting this could put the UK’s small firms at risk if employees fail to take necessary precautions., 13 Jan 2014 12:02:02 GMTScottish SMEs to create 40,000 new jobs in 2014Scotland’s small and medium-sized enterprise (SME) sector could create up to 40,000 new jobs in the next 12 months, according to new research by Clydesdale Bank., 10 Jan 2014 12:02:02 GMTDemand for loans from SMEs flat in Q4 2013Overall demand for loans from UK small businesses remained largely flat in the final quarter of 2013, despite an increase in the availability of credit, according to the Bank of England’s quarterly Credit Conditions Survey., 09 Jan 2014 12:02:02 GMTSMEs place sustainability at top of 2014 priority listA quarter of UK small and medium-sized enterprises (SMEs) have placed sustainability high on their list of priorities for the coming year, according to new research from Lloyds Bank Commercial Banking., 08 Jan 2014 12:02:02 GMTSME owners see staff absence levels rise in last 12 monthsAlmost a quarter (24 per cent) of small business owners have seen employee absence levels increase in the last year, according to a new report., 07 Jan 2014 12:02:02 GMTBusiness Bank to target small firms with 'growth' potentialThe Coalition Government’s campaign for boosting finance for enterprise, the British Business Bank, begins operations this year and is set to target small companies with growth potential to provide necessary investment., 06 Jan 2014 12:02:02 GMT120,000 middle-income parents facing penaltiesAs many as 120,000 parents of middle-class families are set to be hit by fines of £100 from HM Revenue and Customs (HMRC) for failing to repay their child benefit., 03 Jan 2014 10:02:02 GMTHMRC reports increase in Christmas Day online tax returnsHM Revenue and Customs (HMRC) has confirmed a one per cent year-on-year increase in the number of online tax returns filed on Christmas Day., 02 Jan 2014 11:02:01 GMTRemaining in the EU worth 4-5% of UK annual output, says the CBIStaying in the European Union (EU) is said to be worth between 4-5 per cent of the UK’s annual output and is "overwhelmingly" best for British business, according to the Confederation of British Industry (CBI)., 02 Jan 2014 10:02:03 GMTFSB's Small Business Index increases for fourth successive quarterLatest research from the Federation of Small Business (FSB) has shown its Small Business Index measure of confidence among small firms has grown for a fourth successive quarter., 31 Dec 2013 10:02:01 GMTMost SMEs unaware of R&D tax credits, says surveyThe vast majority of the UK’s small and medium-sized enterprises (SMEs) are currently unaware of a tax break that is arguably the centrepiece of the coalition’s plans to encourage businesses to boost investment in growth, according to a new survey by Baker Tilly., 27 Dec 2013 10:02:02 GMTUK SMEs to account for £400bn of revenue this winterThis winter will see the strongest revenue growth for UK small and medium-sized enterprises (SMEs) since the beginning of the global recession, according to a new report commissioned by British Gas., 23 Dec 2013 11:02:01 GMTSelf-Assessment online tax return deadline approaching on 31st January 2014With the excitement of Christmas and the dawn of another year upon us it can be easy to forget the approaching deadline for online Self-Assessment tax returns., 20 Dec 2013 10:02:02 GMTBusiness Confidence Survey 2013 - the resultsHundreds of UK small business owners took part in our very own Business Confidence Survey 2013, designed to outline their prospects of business growth in the next 12 months and the key issues that needed addressing by Chancellor, George Osborne ahead of the Autumn Statement., 18 Dec 2013 13:02:01 GMTMicro employers given PAYE Real Time Information boostHM Revenue and Customs (HMRC) has announced that existing employers with nine or fewer employees, who require more time to adapt to the PAYE Real Time Information (RTI) system, can submit PAYE data on or before the last payday in the tax month up until April 2016., 13 Dec 2013 10:02:02 GMTAutumn Statement 2013 - Did our survey respondents get what they were looking for?Earlier this month, Chancellor George Osborne announced the Autumn Statement 2013, providing an outline for the government’s plans for the economy in the months ahead., 12 Dec 2013 10:02:02 GMTBusiness rate increases in England to be capped at 2%Chancellor, George Osborne has confirmed that increases to business rates in England will be capped at two per cent, as opposed to being linked to inflation., 06 Dec 2013 11:02:02 GMTChancellor could announce changes to property tax affecting buy-to-let landlordsA new report released last week aimed to place a figure on the total sum of tax reliefs currently claimed by buy-to-let landlords., 05 Dec 2013 10:02:02 GMTOne third of SME directors use personal finance to fund their businessAround a third of small and medium-sized enterprise (SME) directors have admitted to using personal sources of finance, including credit cards and mortgages, in a bid to generate capital for their business, according to recent research by Experian., 03 Dec 2013 10:02:02 GMTPCG chairman voices freelancer concerns ahead of Autumn StatementThe chairman of the PCG, Julie Stewart, has written a direct letter to Chancellor, George Osborne prior to this week's Autumn Statement, highlighting pressing concerns within the UK's freelance contracting community., 02 Dec 2013 11:02:02 GMT40% of SMEs admit to underusing their tax accountantAlthough trust in accountants has increased considerably in recent years, four-in-ten small business owners admit to not using their dedicated accountant to full effect, according to the latest Pulse survey from Sage UK., 29 Nov 2013 10:02:02 GMTHMRC to run live tax webinars on Small Business SaturdayUK small and medium-sized enterprises (SMEs) can take part in four free live webinars run by HM Revenue and Customs (HMRC) on 7th December as part of Small Business Saturday., 28 Nov 2013 11:02:01 GMTTaxAssist Accountants hosts free business clinics next weekIt is just one week until the nation celebrates the inaugural 'Small Business Saturday' on 7th December 2013 and TaxAssist Accountants is supporting the campaign by hosting its very own free after-hours business clinics for SME owners., 27 Nov 2013 13:02:01 GMTMinisters drawing up plans to reduce tax burdens on UK businessesConservative ministers are going forward with plans to reduce tax to ease the burden on UK businesses to underpin the growing economic recovery., 26 Nov 2013 11:02:01 GMTNew Universal Credit pilot failing to take adequate account of freelancersThe pilot of the newly introduced Universal Credit system has come in for criticism for failing to take account of its impact on self-employed professionals., 25 Nov 2013 12:02:03 GMTTaxAssist Accountants launch Business Confidence Survey 2013The UK’s leading accountancy and tax service for small business has unveiled its Business Confidence Survey 2013 in a bid to measure positivity levels in the UK’s small business sector., 22 Nov 2013 14:02:01 GMTUK freelancers saluted for aiding economic revivalAs many as a quarter of professional, scientific and technical employees now prefer to work as freelancers, choosing the best projects to apply their skills to, according to new research cited by PCG, the freelancing association., 21 Nov 2013 12:02:01 GMTChancellor pressed to announce two-year business rate freezeChancellor, George Osborne has been urged to give retailers a much-needed break with a freeze in business rates ahead of the upcoming Autumn Statement., 20 Nov 2013 15:02:02 GMTThe Entrepreneurs' Alliance uncoveredWith more entrepreneurs in Britain than ever before it is perhaps little surprise that there have been calls of late for the creation of an entrepreneurs’ union, representing their voice and opinions at government level., 19 Nov 2013 11:02:02 GMTGlobal Entrepreneurship Week 2013 begins today in earnestToday marks the beginning of Global Entrepreneurship Week 2013, which is expected to involve more than 7.5 million people participating in events across more than 130 countries., 18 Nov 2013 14:02:01 GMTSMEs still struggling to get to grips with Auto EnrolmentA large proportion of small business owners are still wholly unprepared for Auto Enrolment, with new research suggesting most have no idea of the costs involved and almost half not understanding the concept at all., 15 Nov 2013 10:02:02 GMTSME owners looking to pass on baton through generations, says surveyAlmost half of the UK’s small and medium-sized enterprises (SMEs) look to pass their company on to their children, according a study of more than 800 employers by Close Brothers Asset Management., 14 Nov 2013 11:02:02 GMTDigital tax system leaves UK's smallest firms feeling "excluded"The Government is facing calls to simplify its digital tax processes, after two-fifths of the UK’s smallest firms voiced concerns about feeling excluded from the system., 13 Nov 2013 11:02:02 GMT102,000 new UK private sector businesses in the last yearThe number of new private sector businesses in the UK has increased by 102,000 in the past 12 months, according to new government figures published by the Department for Business, Innovation and Skills., 12 Nov 2013 10:02:02 GMTHalf of SME owners regularly take work homeAlmost half (48 per cent) of small business owners have admitted to regularly taking work home with them, with the need to dedicate much of the day and night to grow their companies., 11 Nov 2013 11:02:01 GMTTaxAssist Accountants supports upcoming 'Small Business Saturday'The UK is set to celebrate its first ‘Small Business Saturday’ on 7th December 2013. The scheme is designed to help small businesses promote themselves and generate valuable trade., 08 Nov 2013 12:02:01 GMTSeed Enterprise Investment Scheme channels £82m into UK start-upsA tax relief scheme, aimed at encouraging angel investors to put their financial faith in UK start-ups, has resulted in £82 million being invested over the last 18 months, according to new figures released by the Treasury., 07 Nov 2013 12:02:02 GMT'Anonymous' hotline would encourage freelancers to report late-paying firmsThe Government has been called on to set up an anonymous “witness protection” scheme by PCG, the largest association of independent professionals in the EU, to encourage freelancers and small firms to report late-paying big businesses., 06 Nov 2013 14:02:02 GMTHMRC set to offer new 'showpiece' online personal tax accountsAlmost two million taxpayers will be removed from the self-assessment tax return system thanks to new, online personal tax accounts, similar to those offered by internet banks., 05 Nov 2013 14:02:02 GMTCBI raises growth forecasts for 2013 and 2014The Confederation of British Industry (CBI) has placed its confidence in the UK economic recovery by raising its growth forecasts for 2013 and 2014 respectively., 04 Nov 2013 11:02:01 GMTQuality of company accounts could decline if audit thresholds are raisedExperts have warned that the quality and accuracy of company accounts could rapidly decline over the next decade if the range of businesses exempt from being audited increases., 01 Nov 2013 12:02:01 GMTPrime Minister to lift the lid on tax evasion schemesPrime Minister, David Cameron is due to unveil a new database designed to expose international money laundering and tax evasion schemes, assisting HM Revenue and Customs (HMRC) in their bid to track down tax dodgers., 31 Oct 2013 14:02:02 GMTHMRC set to revamp its Business Records Check programmeHM Revenue and Customs (HMRC) is to place greater emphasis on educating taxpayers in its latest revamp of their Business Records Check (BRC) programme., 30 Oct 2013 13:02:02 GMTInactive PAYE schemes to be closed, say HMRCPay-as-you-earn (PAYE) schemes that have been inactive for a minimum of 120 days will be automatically cancelled, according to HM Revenue and Customs (HMRC)., 29 Oct 2013 13:02:01 GMTHMRC blunders mean one-in-three could be paying incorrect taxA series of tax code errors by HM Revenue and Customs (HMRC) since the introduction of a new computer system in 2009 has meant that one-in-three taxpayers could now be paying the incorrect amount of tax., 28 Oct 2013 13:02:01 GMTBank of England is 'open for business', says GovernorThe Bank of England governor, Mark Carney has confirmed it is now “open for business”, as the Bank intends to boost the availability of finance for banks; a move which could make it easier for consumers and businesses to gain access to finance., 25 Oct 2013 10:02:03 GMTVAT reporting obligations could treble for UK firmsNew European Union (EU) plans mean that VAT reporting obligations for UK businesses could soon treble in size as it seeks to reduce red tape., 24 Oct 2013 13:02:02 GMTLondon-based SMEs hampered by cost burdenThe cost burden on small businesses in the London area is second only to Japanese capital, Tokyo and is in danger of leaving London hamstrung in its bid to outwit and outperform its global rivals, according to the Federation of Small Businesses (FSB)., 23 Oct 2013 11:02:02 GMTHMRC trials data analytics in battle with tax fraudA recent HM Revenue and Customs (HMRC) trial looking into new methods for reducing the number of tax fraud cases identified £20 million of potential losses after around a third of 16,000 sample cases displayed irregularities., 22 Oct 2013 11:02:01 GMTNew Employment Allowance could benefit 1.25 million SMEsPrime Minister, David Cameron has unveiled plans to provide the UK’s small businesses with a new “Employment Allowance”, which will reduce their National Insurance contributions (NICs)., 21 Oct 2013 11:02:02 GMTConfidence among UK SMEs at three-year high but lending fears remainThe UK’s small and medium-sized enterprises (SMEs) appear to be more confident about their business prospects than they have been at any time in the last three years, according to a survey by software firm, Sage., 18 Oct 2013 11:02:02 GMTLarger contractors get preferential treatment on government contracts, say SMEsA new survey of more than 700 small contractors has found that more than two-thirds of SMEs believe larger, more established contractors received preferential treatment when it comes to bidding on government work., 17 Oct 2013 11:02:02 GMTChancellor to deliver Autumn Statement on 4th DecemberChancellor, George Osborne will make his Autumn Statement to the nation on 4th December, the Treasury announced this week., 16 Oct 2013 13:02:01 GMTVAT repayment taskforce in Scotland and Northern Ireland set to recoup £7mTax evaders in Scotland and Northern Ireland who fraudulently attempt to reclaim VAT are being targeted as part of HM Revenue and Customs’ (HMRC) latest crackdown on tax compliance., 15 Oct 2013 11:02:02 GMTPoor internal systems mean SMEs may be losing up to £3.7bnAn independent survey has found that small and medium-sized enterprises (SMEs) could be collectively out of pocket by as much as £3.7 billion due to poor internal systems such as invoicing., 14 Oct 2013 10:02:01 GMTHMRC unveils new Health and Wellbeing Tax PlanFresh from its recent launch of the Let Property campaign, HM Revenue and Customs (HMRC) has unveiled another new campaign – the Health and Wellbeing Tax Plan – aimed at encouraging health professionals to bring their tax affairs up-to-date and receive the best possible terms., 10 Oct 2013 11:02:02 GMTTens of thousands miss child benefit deadlineHM Revenue and Customs (HMRC) has revealed an estimated 165,000 people have failed to register with the tax authority in time regarding collection of their child benefit., 09 Oct 2013 10:02:02 GMTBCC indicates UK upturn is 'gathering momentum'The British Chambers of Commerce (BCC) has released its latest Quarterly Economic Survey (QES) this week, providing further evidence that the national economy is gaining strength., 08 Oct 2013 12:02:01 GMTUK business confidence at highest level since start of CoalitionThe level of business confidence across the UK has reached its highest level since the start of the Coalition Government, pointing to impressive recent growth., 07 Oct 2013 12:02:01 GMTSelf-assessment paper return deadline looms this monthHouseholds across the UK have less than four weeks left to register for self-assessment with HM Revenue and Customs (HMRC) in order to avoid a late-filing penalty., 04 Oct 2013 15:02:02 GMTOne-in-three SMEs may ignore new pensions rulesAlmost a year to the day since pensions auto enrolment rules came into force, a new survey has indicated one third of small businesses plan on ignoring the new rules., 03 Oct 2013 12:02:02 GMTHMRC continuing with business mileage checksHM Revenue and Customs (HMRC) is continuing with its SME Business Record Checks programme by pushing forward with its assessment of company record keeping with regard to accurate business mileage., 02 Oct 2013 13:02:01 GMTUK insolvency rates remain stable over last 12 monthsThe latest Business Insolvency Index from Experian indicates the UK’s business insolvency rates had fallen from 0.09 per cent in August 2012 to 0.08 per cent in August 2013, suggesting that the rate has remained stable or fallen., 01 Oct 2013 12:02:01 GMTUK tax system costs SMEs £500m per year, say FSBThe complexities of the UK tax system cost the country’s small businesses £500 million a year to deal with, according to a new report from the Federation of Small Businesses (FSB)., 30 Sep 2013 11:02:02 GMTHome-based start-ups reminded of tax relief opportunitiesEntrepreneurs based in some of the UK’s most fertile regions for home-based start-ups have been reminded not to miss out on a number of money-saving tax breaks to allow their ‘at-home’ businesses to thrive., 27 Sep 2013 11:02:01 GMTTax receipts from SME tax inquiries rise 31% in last yearTax receipts from investigations by HM Revenue and Customs (HMRC) into small and medium-sized businesses have increased by almost a third (31 per cent) in the last year, according to new figures revealed by UHY Hacker Young., 26 Sep 2013 11:02:02 GMTPrivate security tax cheats targeted by HMRCTax evaders in the private security industry are being targeted as part of a new wave of taskforces launched this month by HM Revenue and Customs (HMRC)., 25 Sep 2013 11:02:02 GMTWorkplace technology often lags behind home setupsAlmost a third of UK office workers surveyed believe their workplace lags behind their home when it comes to up-to-date technology., 24 Sep 2013 11:02:02 GMTAlmost a quarter of a million UK SMEs have no insurance coverA new study by LV Broker found that around 230,000 small business owners do not have any form of insurance cover in place, leaving them exposed to liability claims, significant fines and prosecution., 23 Sep 2013 12:02:02 GMTLandlords urged to set tax affairs straight with HMRCLandlords that rent out residential property, and fail to inform HM Revenue and Customs (HMRC) of their rental income, are being given the opportunity to come forward and set their tax affairs straight with the authority, before HMRC comes to them., 20 Sep 2013 10:02:02 GMTHMRC listed as most frustrating customer service line in UKHM Revenue and Customs’ (HMRC) call centre has been listed as the UK’s most frustrating customer service line in the UK, according to the latest "Rage Index"., 19 Sep 2013 15:02:02 GMTHMRC launches 'routine review' of company directorsHM Revenue and Customs (HMRC) is clamping down on company directors after launching a 'routine review' to ensure they are submitting their personal tax returns., 18 Sep 2013 11:02:02 GMTSmall business confidence reaches three-year highNew figures published by the Federation of Small Businesses (FSB) indicated that small business confidence was at its highest level for more than three years., 16 Sep 2013 11:02:01 GMTHigh income parents urged to register for self-assessment by October 5thParents whose individual income exceeds £50,000, and yet still receive child benefit, must register for self-assessment with HM Revenue and Customs (HMRC) within the next four weeks or face a hefty fine., 13 Sep 2013 11:02:01 GMTNew Enterprise Allowance and Start-Up Loan scheme given £69m boostAspiring entrepreneurs throughout the United Kingdom will get financial backing from the Government after it announced a £69m package of support aimed at creating thousands of new businesses., 12 Sep 2013 11:02:01 GMTAdministrative burden on micro businesses to be eased?The Government has given the go-ahead to measures designed to exempt micro businesses from having to file a profit and loss account with Companies House., 11 Sep 2013 13:02:02 GMTSirius Programme endorsed by Lord BilimoriaA new government initiative to attract new start-ups and entrepreneurs to the UK has been backed by Cobra Beer founder, Lord Bilimoria., 10 Sep 2013 14:02:01 GMTG20 members agree to share tax information by 2015Leaders of the nations within the G20 have agreed to share information that could prevent tax evasion by the end of 2015., 09 Sep 2013 11:02:01 GMTSmall firms 'stumped' by reclaiming VATMore than a third of small businesses are missing out on making significant cash savings by not claiming back on VAT, often claiming they don’t understand the rules associated with the tax, according to a new study., 06 Sep 2013 10:02:01 GMTHMRC sends RTI reminders to 167,000 employersEmployers who have failed to follow the new real time information (RTI) reporting process for PAYE have been urged to act now by HM Revenue and Customs (HMRC)., 05 Sep 2013 12:02:02 GMTHMRC gains access to businesses' credit and debit card dataAs part of a fresh crackdown on tax evasion, HM Revenue and Customs (HMRC) is to be handed information on all credit and debit card payments to UK businesses for the very first time., 04 Sep 2013 12:02:02 GMTDirect Lending Scheme launches to aid UK exportersA new lending scheme has been unveiled by the Government’s export credit agency, designed to help overseas buyers purchase the goods of UK exporters., 03 Sep 2013 12:02:02 GMTSmall businesses on alert as banks continue to withdraw overdraft facilitiesThe UK’s small business community is edging towards a potential cash flow crisis as banks continue to withdraw overdraft facilities, according to new research from finance provider, Syscap., 02 Sep 2013 13:02:02 GMT6th September deadline for second home tax to be paidProperty owners who have sold buildings that are not their main homes of residence, and are yet to inform HM Revenue and Customs (HMRC) of any profit on the sale, have just one week left to pay the tax they owe., 30 Aug 2013 11:02:01 GMTAlternative finance increasingly sought by SMEsThe use of external finance by small businesses to aid growth increased in Q2 2013, with more business owners turning to alternative sources such as crowdfunding and invoice factoring, according to new figures published in BDRC Continental’s latest SME Finance Monitor., 29 Aug 2013 13:02:02 GMTHMRC's single compliance process to be standardised for SMEsHM Revenue and Customs (HMRC) has given the green light to introduce nationally a new framework under which the majority of SME compliance checks will be undertaken in future., 28 Aug 2013 12:02:01 GMTSmall firm insolvencies decline in last 12 monthsBusinesses with up to two employees, more than 1.5 million small companies in the UK, have experienced a considerable drop in insolvencies year-on-year, from 0.07 per cent in July 2012 to 0.06 per cent in 2013, according to new research., 27 Aug 2013 12:02:02 GMTHMRC compliance checks reach private schoolsHM Revenue and Customs (HMRC) has begun writing to private schools to inform that they will be carrying out employer compliance reviews, which could result in considerable settlements with interest and penalties where tax mistakes are found., 23 Aug 2013 11:02:03 GMTSmall business rate relief trebles since General ElectionAn increasing number of independent retailers and small businesses are benefitting from tax cuts to help them with their business rates, according to new research., 22 Aug 2013 12:02:01 GMTUK home business owners top 2.5 million markThere is now more than 2.5 million home business owners operating across the UK, representing more than half (52 per cent) of the total number of SMEs, according to a study by insurer Direct Line for Business (DL4B)., 20 Aug 2013 12:02:02 GMTVodafone settles unreported tax dispute with HMRCNew reports last weekend revealed that global telecoms giant, Vodafone was forced to make a tax settlement, thought to be worth millions, to HM Revenue and Customs (HMRC) regarding tax returns at an Irish subsidiary., 19 Aug 2013 12:02:02 GMTHigh income parents prompted to register for Self AssessmentParents on higher incomes who received Child Benefit beyond January 2013 have been urged to register for Self Assessment prior to October 5 2013 in order to avoid High Income Child Benefit Charge penalties., 15 Aug 2013 12:02:01 GMTFunding Circle expands peer-to-peer lending propositionSole traders and partnerships could soon take full advantage of an alternative form of business funding after a leading peer-to-peer lender announced an expansion of its lending proposition., 13 Aug 2013 12:02:01 GMTConsumers showing support for small businessesThree times as many consumers are opting to support smaller operators when buying goods or services if price and convenience were equal to larger firms, according to new research., 12 Aug 2013 11:02:01 GMTInsolvency levels continue to fall in England and WalesThe number of people declared insolvent in England and Wales fell by 6.1 per cent in the second quarter of the year compared with the same period in 2012., 09 Aug 2013 11:02:01 GMTZero hours contracts more widespread than previously thoughtNew figures released from the Chartered Institute of Personnel and Development (CIPD) found that the Government’s initial estimate of there being 250,000 employees on zero hours contracts may be inaccurate., 07 Aug 2013 10:02:01 GMTSME economic optimism on the rise according to latest CBI surveyEconomic optimism among the UK’s small and medium-sized enterprises (SMEs) is on the rise, according to a new survey released by the Confederation of British Industry (CBI)., 05 Aug 2013 13:02:02 GMTBank of England and ECB opt to leave interest rates unchangedThe Bank of England’s Monetary Policy Committee (MPC) has voted to keep interest rates in the UK at their current record low of 0.5 per cent – the key borrowing rate since March 2009., 02 Aug 2013 12:02:02 GMTCapital Gains Tax warning for those selling second homes in UK and abroadProperty owners who have sold premises which are not their main homes, and have not yet informed HM Revenue and Customs (HMRC) about any profit, have just one month remaining to make use of an available disclosure opportunity., 01 Aug 2013 11:02:01 GMTCreative and digital SMEs to benefit from new £1m fundingThe launch of a new £1m funding pot by Creative England is set to underpin further growth in creative and digital industries throughout England., 30 Jul 2013 15:02:01 GMTHMRC should delay extending RTI to UK's largest firms, says adviserPlans by HM Revenue and Customs (HMRC) to extend real-time PAYE reporting to take in the country’s largest companies should be delayed in order to avoid complications with the system, according to a member of the scheme’s customer user group., 26 Jul 2013 11:02:03 GMTStudy - Small firms setting an entrepreneurial example to larger companiesNew research from the Chartered Institute of Personnel and Development (CIPD) found that bigger businesses should follow the lead of start-ups and small firms by encouraging a culture of ‘intrapreneurialism’ in order to foster innovation and growth., 23 Jul 2013 11:02:01 GMTVenture capital injected into start-ups falls in first half of 2013The amount of venture capital injected into the UK’s start-up businesses declined during the first half of 2013, with Germany and France closing the gap despite the UK still receiving significantly more venture capital than any other European country., 22 Jul 2013 12:02:01 GMTConstruction sector requires 'code of conduct'The UK’s construction sector needs an independent adjudicator in order to stop large contractors from their "abuse" of small suppliers, following a cross-party parliamentary inquiry., 19 Jul 2013 12:02:01 GMTFSB calls for radical overhaul of business rates systemAlmost one-in-10 respondents to a survey from the Federation of Small Businesses (FSB) have revealed they are paying more in business rates than rent, with the FSB calling for radical overhaul of the existing system., 18 Jul 2013 11:02:01 GMTSmall firms sceptical over plans to increase Business Bank lendingNew figures from a survey of more than 1,000 SME directors and managers found that just six per cent of small businesses believe the Government’s additional investment in its Business Bank will benefit their companies., 17 Jul 2013 12:02:01 GMTHMRC loses £950m prior to biggest PAYE reform for 70 yearsHM Revenue and Customs (HMRC) has abandoned any hope of collecting more than £950m in outstanding PAYE in the build-up to its biggest reform in the pay-as-you-earn (PAYE) system for 70 years, according to the National Audit Office (NAO)., 16 Jul 2013 11:02:01 GMTBuy-to-let investors under increasing HMRC scrutinyHM Revenue and Customs’ (HMRC) annual revenue from buy-to-let income is up by more than 10 per cent following heightened scrutiny of landlords, which is only expected to intensify., 16 Jul 2013 11:02:01 GMTItem Club lifts forecast for 2013 UK economic growth to 1.1%The UK’s economic recovery is expected to gather pace over the next 12 months, as Ernst & Young’s Item Club has lifted its forecast for economic growth this year from 0.6 per cent to 1.1 per cent., 15 Jul 2013 14:02:01 GMTBusiness Secretary - Make directors liable for business failuresBusiness Secretary, Vince Cable is set to propose an overhaul of company rules by making the directors of failed companies personally liable for their firm’s debts., 15 Jul 2013 11:02:01 GMTFPB uncovers cash flow and late payment concernsCash flow and late payment concerns are on the rise, according to new research by the Forum of Private Business (FPB)., 12 Jul 2013 12:02:01 GMTTax fraud tackled in the Scottish fishing industryHM Revenue and Customs (HMRC) is seeking to level the playing field within Scotland’s fishing industry by sending a taskforce out to tackle its tax evaders., 12 Jul 2013 11:02:01 GMTHauliers targeted by HMRC in the MidlandsHM Revenue and Customs (HMRC) has this month launched a taskforce tackling tax dodgers within the haulage industry in the Midlands., 11 Jul 2013 10:02:02 GMTHMRC losing almost two-thirds of VAT casesHM Revenue and Customs (HMRC) lost 60 per cent of appeals from businesses regarding VAT penalties during the 2011/12 tax year., 11 Jul 2013 10:02:02 GMTHMRC launches 'My Tax Return Catch Up' campaignHM Revenue and Customs has launched a new campaign designed to give self-assessment taxpayers a chance to settle outstanding tax bills if they failed to complete their tax returns under the Self Assessment requirements for the 2011/12 tax year., 10 Jul 2013 12:02:02 GMTSMEs at risk of heavy fines for auto-enrolment non-complianceMany small and medium-sized enterprises (SMEs) are facing the threat of significant fines for failing to comply with auto-enrolment, according to a report published by law firm, Irwin Mitchell., 09 Jul 2013 12:02:02 GMTFSB report - Local economies benefitting most from SMEsNew research from the Federation of Small Businesses (FSB) found 58 per cent more of the money spent by local authorities with small and medium-sized enterprises (SMEs) is reinvested back into the local economy compared to the figure spent on larger firms., 09 Jul 2013 12:02:02 GMTHMRC unveils top tips for paying PAYE under RTIUK businesses who pay HM Revenue and Customs (HMRC) quarterly are approaching their first payment deadline since Real Time Information (RTI) PAYE reporting was introduced., 08 Jul 2013 17:02:01 GMTTax reliefs proposed to aid 'John Lewis-style' businessesA consultation process regarding two new proposed tax reliefs is designed to nurture the creation of more 'John Lewis-style' businesses., 08 Jul 2013 12:02:02 GMTHMRC accounts to be available online for SMEs from 2015From April 2015, up to two million people and almost five million small businesses will be able to take full control of their tax affairs via their own secure online accounts, following an announcement from HM Revenue and Customs (HMRC)., 05 Jul 2013 12:02:01 GMTSmall businesses adapting business models to global marketsAn increasing number of small and medium-sized enterprises (SMEs) are seeking to adapt their business models in order to cater to global markets, according to a recent study., 05 Jul 2013 11:02:01 GMTBusiness confidence amongst UK firms at six-year highBusiness confidence within UK firms is at its highest level since 2007, according to the latest quarterly survey from the British Chambers of Commerce (BCC)., 04 Jul 2013 11:02:01 GMTRBS uncovers £20bn surplus to assist SMEsTaxpayer-funded Royal Bank of Scotland (RBS) is to review its small business lending after it found £20 billion in untapped cash that could be used to supplement small firms looking for a financial boost., 03 Jul 2013 12:02:02 GMTGovernment promises to prioritise tax breaks for marriagesThe Government is keen to ensure that married couples are not put at a tax disadvantage, following pressure from Tory MPs regarding promises made during their manifesto., 02 Jul 2013 17:02:02 GMTTax credit renewal date on the horizonThe deadline for tax credit renewals is approaching this month. Those who have been sent an Annual Declaration form TC603D or TC603D2 are required to provide the information asked for by July 31 2013, or the date shown in the renewal pack., 02 Jul 2013 11:02:01 GMTSecond payments on account due for current year's taxTaxpayers who owe more than £1,000 in tax during the 2012-13 tax year will be required to make their second payment on account (POA) towards the current year’s tax by July 31 2013., 01 Jul 2013 11:02:03 GMTReturn date for P11D and P11D(b) forms approachingAt the end of each tax year it is a legal requirement to inform HM Revenue and Customs (HMRC) of the particulars of any expenses payments, benefits and facilities provided to employees and directors and the amounts of Class 1A National Insurance contributions (NICs) you are due to pay for the year., 28 Jun 2013 11:02:01 GMTSmall business confidence reaches three-year highConfidence among Britain’s small and medium-sized enterprises (SMEs) has risen to its highest level in over three years, according to the Federation of Small Business’s (FSB) Small Business Index., 27 Jun 2013 11:02:01 GMTSmall business compensation claims for late payment increase in last two yearsThe percentage of SMEs claiming for late payment that include compensation, has risen over the last two years, according to new research by debt recovery law firm, Lovetts., 26 Jun 2013 11:02:01 GMTPM seeks to make London the "home of social finance"In a speech at the Social Impact Investment Forum earlier this month, Prime Minister David Cameron outlined his intentions to transform London into the "home of social finance"., 25 Jun 2013 11:02:02 GMTContractors lose fight to amend retrospective Section 58(4) legislationContractors have been forced to accept defeat in their fight to amend the retrospective tax legislation, Section 58(4) in the Finance Bill, with the potential change thrown out during a House of Commons Finance debate., 24 Jun 2013 12:02:02 GMTSMEs given fresh hope in fight against late payment offendersSmall business owners in England, Wales and Northern Ireland will be interested to hear that following a recent appeal, firms are now automatically entitled to claim fixed compensation on every late invoice., 21 Jun 2013 12:02:02 GMTP35 filing penalties implemented following monthly triggerTaxpayers who failed to file their P35 Employer Annual Return to HM Revenue and Customs (HMRC) before the May 19 deadline and are yet to complete the return will be hit with a £100 late filing penalty this month., 20 Jun 2013 13:02:02 GMTHMRC to begin issuing penalty letters next weekHM Revenue and Customs (HMRC) has confirmed it will begin issuing penalty letters from Tuesday 25 June 2013 to employers who have yet to submit a final Full Payment Submission (FPS) or Employer Payment Summary (EPS) for 2012-13., 20 Jun 2013 13:02:02 GMTEmployee expenses system missing from a quarter of UK SMEsA quarter of UK small businesses are currently operating without a policy outlining what employees can and cannot claim on expenses, according to new research by Concur., 19 Jun 2013 12:02:02 GMTHMRC's anonymous tax evasion hotline takes 300 calls a dayThe anonymous hotline set up to enable members of the public to inform HM Revenue and Customs (HMRC) of potential tax evaders has received more than 300 calls a day in the past 12 months., 18 Jun 2013 12:02:02 GMTOnline retail tax plans unwelcomed by entrepreneursPlans to tax online sales are being examined by the British Retail Consortium (BRC) in a bid to rebalance the tax burden between online-only and high street retailers., 17 Jun 2013 12:02:02 GMTTenants to be deducted Universal Credit in arrears following shake-upA new mechanism to recover rent arrears is to be incorporated into the new Universal Credit system., 17 Jun 2013 10:02:01 GMTOne-in-three contractors hit with HMRC penaltiesAt least one-in-three contractors have been handed a penalty from HM Revenue and Customs (HMRC), due to confusion over the department's guidelines on tax and expenses., 14 Jun 2013 13:02:02 GMTBanks judging SMEs "harshly" during lending appealsAn official report into appeals by start-ups and small firms against banks' lending decisions found they were at times "judged harshly", with verdicts sometimes based on the personal credit scores of business owners., 14 Jun 2013 13:02:02 GMTFSB urges Chancellor to use Spending Review to stimulate SME investmentThe Federation of Small Businesses (FSB) has sent a report to Chancellor, George Osborne ahead of his Spending Review later this month, encouraging the Government to stimulate investment in small firms to strengthen the economic environment., 12 Jun 2013 14:02:01 GMTTemporary RTI easement for small employers extendedHM Revenue and Customs (HMRC) has today announced it will be seeking to extend the temporary relaxation of its Real Time Information reporting rules for businesses with less than 50 employees from October 2013 until April 2014., 12 Jun 2013 12:02:02 GMTMajority of SMEs feel staying in the EU would be better for businessAlmost two-thirds of small and medium-sized businesses (SMEs) surveyed by SME networking business BNI feel that the UK should remain in the European Union in order to maintain vital trading links., 11 Jun 2013 10:02:01 GMTInnovative SMEs struggling to secure funding to growMany of the UK’s most innovative small firms, which are crucial to creating jobs and fostering growth, are finding it increasingly difficult to obtain the funding they need to expand, according to a new report published by the Big Innovation Centre., 10 Jun 2013 11:02:02 GMTHMRC claims its customer services have improved 'measurably'HM Revenue and Customs (HMRC) believes the performance of its customer services have improved 'measurably' since the commencement of a joint venture with accountancy institutes and other stakeholders., 07 Jun 2013 12:02:01 GMTBusiness Minister pledges to 'bin' policies harmful to SMEsThe Coalition Government's Business Minister, Michael Fallon, has pledged to bin proposals from policymakers if they hinder small firms., 06 Jun 2013 11:02:02 GMTSir Mervyn King signs off central bank's accounts for final timeThe Bank of England's outgoing Governor, Sir Mervyn King, signed off the Bank's accounts for the very last time this week, as he prepares to relinquish the hot-seat to successor, Bank of Canada Governor, Mark Carney., 05 Jun 2013 12:02:01 GMTFunding for Lending scheme fails to prevent lending from falling againBusiness lending as part of the government's Funding for Lending scheme (FLS) has fallen for a second consecutive quarter, with lending to individuals up, but loans to businesses well down., 04 Jun 2013 11:02:01 GMTLong-established cricket club at risk following HMRC crackdownA long-established Hertfordshire cricket club has been left on the brink of extinction after it received a visit from the tax authorities regarding its accounts., 03 Jun 2013 14:02:01 GMTRTI causing errors with tax codesIt has emerged up to 40,000 taxpayers have had their income tax payments affected by the new Real Time Information (RTI) government programme., 03 Jun 2013 11:02:02 GMTConcerns raised over HMRC plans to close contact centresA number of tax institutes have voiced their concern regarding HM Revenue and Customs' (HMRC) plans to close 281 contact centres as a means of reducing overheads., 30 May 2013 12:02:02 GMTHMRC apologises after £1bn tax bill gaffeHM Revenue and Customs (HMRC) has been forced to issue an apology to the owner of a Manchester cafe after they received a tax bill of almost £1bn., 29 May 2013 11:02:01 GMTSMEs turning down business due to unwillingness to invest in new equipmentA number of small and medium-sized enterprises (SMEs) are choosing to turn down business orders worth in the region of £5.4bn because of an unwillingness to invest in new equipment, new research has found., 28 May 2013 14:02:01 GMTHMRC reaches out to direct sellers as part of its tax dodging crackdownHM Revenue and Customs (HMRC) has sent out 2,000 letters to direct sellers it believes did not take advantage of recent opportunities to pay the outstanding tax they owe., 24 May 2013 14:02:02 GMTSMEs looking to kick on thanks to new employment allowanceThe UK’s small and medium-sized business owners are being encouraged to expand following a new government initiative to reduce their National Insurance (NI) burden, according to a survey by insurer Direct Line for Business., 23 May 2013 12:02:02 GMTFailure to hit tax credit fraud targets 'costing the taxpayer dear', say MPsA committee of MPs has revealed HM Revenue and Customs’ (HMRC) inability to hit their target of reducing tax credit fraud and error is “costing the taxpayer dear”., 22 May 2013 15:02:02 GMTSurvey: SME finance directors want to be challengedThe level of challenge from a chosen team of accountants is the most important factor for finance directors of SMEs when selecting a bookkeeping firm, according to a survey of more than 100 professionals., 21 May 2013 11:02:02 GMTMajority of start-ups cost less than £2,000 in funding, says surveyMore than three-quarters (76 per cent) of micro-business start-ups have launched their firm with less than £2,000 of start-up funding, according to a recent survey from freelance website, PeoplePerHour., 20 May 2013 11:02:03 GMTUp to 3.5 million people overpaid in tax in 2012-13A new report from HM Revenue & Customs (HMRC) has found that up to 3.5 million taxpayers unwittingly paid too much tax during the 2012-13 tax period., 17 May 2013 12:02:02 GMTFinal call for 2012-13 P35 filing deadlineAll employers that operated a payroll scheme in the 2012-13 tax year are required by law to file a P35 return online prior to the May 19th deadline, which is approaching this weekend., 16 May 2013 13:02:02 GMT1.6m UK SMEs require funding to expand in 2013More than a third of the five-million plus small and medium-sized enterprises (SMEs) in the UK will require external funds in order to grow their business this year, according to a new report for the Department of Business, Innovation and Skills by IFF Research., 15 May 2013 13:02:01 GMTHMRC collaborating overseas to catch offshore tax evadersHM Revenue & Customs (HMRC) has confirmed it is working with tax administrations in the United States (IRS) and Australia (ATO) in a bid to analyse data that could uncover "complex offshore structures to conceal assets by wealthy individuals and companies"., 14 May 2013 14:02:01 GMTAge cap on start-up loans should be removed to 'fire up' business growthAn existing age cap that thwarts entrepreneurs and small business professionals from accessing taxpayer-funded loans over the age of 30 should be removed, according to the prime minister’s enterprise advisor, Lord Young., 13 May 2013 13:02:01 GMTSouth West England SMEs believe VAT cuts are vital to encourage growthTwo-fifths of small and medium-sized enterprises in the South West of England believe VAT cuts are the way forward to encourage growth and revitalise the economy., 10 May 2013 12:02:02 GMT2012-13 P35 deadline approaching for employersHM Revenue and Customs (HMRC) has reminded employers of the imminent May 19th deadline for 2012-13 Employer Annual Returns. Business owners have been urged to complete their returns online as soon as possible in order to avoid late filing penalties., 09 May 2013 13:02:01 GMTEnterprise Finance Guarantee scheme shows signs of lending improvementThe Government’s major lending scheme, the Enterprise Finance Guarantee (EFG) scheme, has begun to deliver growing levels of business credit, according to new Government figures., 08 May 2013 12:02:02 GMTRBS chief reiterates bank is 'desperate' to lend to SMEsIn a recent interview with the Sunday Times, Royal Bank of Scotland’s (RBS) chief executive Stephen Hester confirmed the bank is “desperate” to lend to UK firms., 07 May 2013 13:02:01 GMTSMEs most worried about cash flow managementA high proportion of small-medium sized enterprises (SMEs) worry about their ability to manage cash flow effectively, according to a new study by Santander Corporate & Commercial., 03 May 2013 11:02:02 GMTLittle change in HMRC's 2011/12 net income tax receiptsAccording to new figures released by HM Revenue & Customs (HMRC), there has been very little change in the amount of tax raised over the last 12 months., 02 May 2013 11:02:02 GMT24% of Scottish SMEs forced to invest own money into companyAround a quarter of Scottish-based small and medium-sized enterprises (SMEs) were forced to put their hands in their own pockets and invest into their business in 2012, according to a recent study by the BDRC market research agency for the bank-funded SME Finance Monitor., 01 May 2013 13:02:01 GMTSME owners sceptical of Business Bank, says surveyA high proportion of small and medium-sized business owners have confirmed they remain lukewarm about the prospects of the government’s Business Bank making a significant difference to boosting lending across the SME sector., 30 Apr 2013 12:02:01 GMTMore than 650,000 self-assessment taxpayers yet to file 2011-12 returnsOver half-a-million UK taxpayers will be hit with daily fines from HM Revenue & Customs (HMRC) for failing to file their tax returns, according to new reports., 29 Apr 2013 11:02:02 GMTCameron implores EU to crack down on tax evasionBritish Prime Minister, David Cameron has confirmed he has written to European Union (EU) leaders urging them to tackle the ‘staggering’ levels of tax evasion that is damaging government revenues at a time of economic uncertainty., 26 Apr 2013 12:00:29 GMTProspective Lloyds' Co-op deal falls through at late stageThe planned acquisition of Lloyds Banking Group's 631 UK bank branches by the Co-op group has fallen through., 25 Apr 2013 12:02:02 GMTInnovation Vouchers scheme extended to allow SMEs to improve cyber securityLast week we revealed that small and medium-sized enterprises are becoming a primary target for cyber hackers looking to access sensitive business and financial data., 24 Apr 2013 11:02:02 GMTTrade credit for SMEs down an estimated £4.7bn since 2009The number of small and medium-sized enterprises (SMEs) to have received trade credit has declined significantly in the last three years, with figures suggesting £4.7bn less has been made available since 2009., 23 Apr 2013 11:02:02 GMTSMEs need to be aware of new General Anti-Avoidance Rule for tax billsBusiness owners considering mitigating their tax bills can expect to see the courts take a harsh line following a new General Anti-Avoidance Rule (GAAR) from HM Revenue and Customs (HMRC)., 22 Apr 2013 15:02:01 GMTOsborne set to extend flagship Funding for Lending Scheme until 2015Chancellor, George Osborne is poised to announce the extension of the Bank of England’s flagship Funding for Lending Scheme (FLS) by a further year to 2015., 22 Apr 2013 14:02:01 GMTBritain still a 'crisis economy', says incoming Bank of England GovernorThe United Kingdom has been described as a 'crisis economy' by incoming Bank of England Governor, Mark Carney, with the aim of playing down hopes that he could provide instant relief to the country’s financial state., 19 Apr 2013 12:02:01 GMTDaily penalties to be incurred from May for late 2011-12 online tax returnsFrom May 1st, HM Revenue and Customs (HMRC) will be charging a £10 daily penalty for every day an online 2011-12 self assessment tax return is late, up to a maximum of 90 days., 19 Apr 2013 12:02:01 GMTSMEs now a prime target for cyber hackersThe latest annual report from cyber security specialists, Symantec, suggests small and medium-sized enterprises are now a major target for hackers looking to access sensitive business and financial data, as well as industry secrets., 18 Apr 2013 13:02:01 GMTLate payment issues easing for UK firms, according to reportThe average time taken by UK-based firms to pay their bills has shortened by two days in the last 12 months, to an average of 15 days late against agreed payment terms., 18 Apr 2013 13:02:01 GMTThatcher 'would've done more for SMEs in recession than Coalition', suggests reportOn the eve of Margaret Thatcher’s Central London funeral, a survey of 10,000 UK-based small firms revealed that the majority felt the former PM would have forced banks to lend to small businesses to aid growth throughout the recession., 17 Apr 2013 15:02:02 GMTRTI concessions for SMEs watered down, say tax advisersHM Revenue and Customs (HMRC) has watered down its concessions made to small businesses regarding the new Real Time Information (RTI) PAYE reporting system, according to tax advisers., 16 Apr 2013 10:02:01 GMTOne-in-three UK SMEs knowingly use unlicensed softwareAlmost a third of UK-based SMEs revealed they avoid using licensed software in a bid to cut costs, according to a new survey from the Business Software Alliance (BSA)., 15 Apr 2013 13:02:01 GMTQuarter of employees misplace pension pots, warns Age UKAn increasing number of workers that 'job hop' is creating a pensions black hole, according to a survey by the charity, Age UK. A quarter of workers surveyed admitted to misplacing pension pots over the course of their career., 12 Apr 2013 11:02:02 GMTFirst phase of £1bn Business Bank funding deployed to SMEsThe initial phase of the government’s new Business Bank is set to be deployed to UK SMEs, with £300 million invested alongside additional private investors as the coalition seeks to promote greater diversity of debt finance available to small firms., 11 Apr 2013 13:02:01 GMT44% increase in HMRC VAT investigations for 2012-13The number of VAT refund investigations carried out by HM Revenue & Customs (HMRC) has increased by 44 per cent over the last 12 months., 10 Apr 2013 15:02:01 GMTScottish income tax changes clarified by HMRCHM Revenue and Customs (HMRC) has unveiled fresh guidance regarding the implications of the Scotland Act 2012, which enables the Scottish Government to set its own rate of income tax for its residents for the first time in more than three centuries., 09 Apr 2013 11:02:01 GMTEmergence of a new breed of 'size zero' firms in Yorkshire and Humberside, says reportA new report from CitySprint, the UK’s largest same-day distribution firm, indicates SMEs within Yorkshire and Humberside are embracing the opportunity to streamline business process in reaction to poor economic conditions., 09 Apr 2013 11:02:01 GMT'Zero hours' contracts increase by 25% in 2012The number of professionals being placed on 'zero hours' contracts – a deal where they can get no hours and therefore no pay – increased by a quarter in 2012, according to a new British Labour Force survey., 08 Apr 2013 12:02:02 GMT59% of London SMEs find financial year-end support 'confusing' or 'expensive'With the end of financial year deadline now upon businesses across the UK, recent research commissioned by British Gas found that over half of London-based SMEs (59 per cent) say support to help with the financial year-end is too confusing or expensive., 05 Apr 2013 13:02:02 GMTUK business insolvencies at lowest levels since 2005Insolvencies for British businesses are at their lowest levels in more than eight years, according to a new study by PricewaterhouseCoopers (PwC)., 05 Apr 2013 13:02:02 GMTPension auto-enrolment could result in reduced pay for staff, say employersAlmost one-in-five employers have indicated that the new employer automatic enrolment duties, which came into effect for larger companies in October 2012, could lead to reduced salaries or no future pay rises., 04 Apr 2013 11:02:02 GMTRelaxation of accounting obligations may hit SMEs seeking financeNew Government plans to reduce the burden of red tape on small businesses could yet backfire, making it even harder for them to gain access to finance, a leading accountancy body has warned., 03 Apr 2013 14:02:01 GMTBCC confident the UK will avoid triple dip recessionThe British Chambers of Commerce (BCC) believes the UK is set to avoid falling back into recession for a third time., 02 Apr 2013 15:02:01 GMTA fifth of UK firms 'not ready' for new RTI systemNearly a fifth of all UK firms have admitted they are not prepared for the change to the new Real Time Information (RTI) system introduced by HM Revenue & Customs, say the Forum of Private Business (FPB)., 02 Apr 2013 15:02:01 GMTGovernment urged to arrest rapid decline of Enterprise Finance GuaranteeThe Government is being called upon to accelerate plans to bring new lenders on board to arrest the worrying decline of its flagship Enterprise Finance Guarantee (EFG), designed to aid credit-starved SMEs., 28 Mar 2013 16:02:02 GMT47% of UK small firms employing staff without Employers Liability insuranceNearly half of the nation’s small and medium-sized enterprises could be employing new staff without having the mandatory Employers Liability (EL) insurance, warns insurance specialists, YOUR Insurance., 28 Mar 2013 15:02:02 GMTScottish SMEs 'more confident' in 2013Small businesses north of the border have begun the new year in more confident mood, according to a survey by the Federation of Small Businesses (FSB)., 28 Mar 2013 15:02:02 GMTBusiness Bank timetable outlined to improve access to finance for SMEsThe Chancellor announced within his Budget 2013 statement that the Business Bank’s first business strategy would be released on 22 March., 27 Mar 2013 12:02:01 GMTBudget seeks to close loophole for contractor 'office holders'Contractors were left dissatisfied last week after Chancellor George Osborne's Budget reiterated that IR35 rules would be amended to apply to them, in their position as 'office holders' to their clients., 26 Mar 2013 12:02:01 GMTFSB unveils new National ChairmanThe Federation of Small Businesses (FSB) has confirmed it has elected John Allan as the organisation’s new National Chairman., 26 Mar 2013 12:02:01 GMTKeep Trade Local campaign revived by the FSB in LeicesterA recent snap poll from the Federation of Small Businesses (FSB), as part of its revival of the 'Keep Trade Local' campaign, found that a lack of consumer confidence will continue to pose a serious challenge to businesses in the next year., 25 Mar 2013 12:02:03 GMTThe Growth Voucher scheme explainedAs part of the Chancellor’s Budget 2013 statement, Mr Osborne announced the government would be funding the proposal by the British Chambers of Commerce (BCC) to make growth vouchers available to small businesses seeking advice on how to expand., 22 Mar 2013 15:02:02 GMTBusiness rates: a missed opportunity for the Chancellor?A number of business organisations have already slammed Chancellor George Osborne for failing to act on the UK’s business rates. The general consensus was that Osborne had missed an ideal opportunity to use business rates to help small and medium-sized businesses in the UK., 22 Mar 2013 15:02:02 GMTNew businesses need just £17,095 in working capital for first year's tradingA new report exploring the financial trends among fledgling new British businesses found that firms founded within the last three years required just £17,095 in working capital in their first year of trading., 22 Mar 2013 12:02:01 GMTABFA agrees to new code to protect small firmsThe Asset Based Finance Association (ABFA) has agreed to a new code of conduct and dispute resolution service in a bid to inspire confidence in asset-based lending among small businesses., 22 Mar 2013 12:02:01 GMTSmall firms breathe a sigh of relief at fuel duty freezeThe Chancellor has confirmed during his lunchtime Budget that plans to increase the cost per litre of petrol and diesel will be scrapped until at least September 2014., 20 Mar 2013 15:02:02 GMTChancellor reveals new Employment Allowance to benefit SMEsIn a bid to save valuable cash for the UK’s small businesses, Chancellor George Osborne has unveiled a new Employment Allowance to save the first £2,000 of national insurance (NI) paid by every company., 20 Mar 2013 15:02:02 GMTHMRC relaxes RTI reporting rules for small firmsBusinesses with less than 50 employees will be able to take advantage of a relaxation in Real Time Information (RTI) reporting rules for the first six months of its inception, HM Revenue & Customs (HMRC) has announced., 19 Mar 2013 12:02:03 GMTTax-free childcare scheme announced for working familiesThe Government has announced an innovative tax-free scheme for working families offering childcare potentially worth up to £1,200 per child., 19 Mar 2013 11:02:02 GMTIoD calls for state pension age to be increased soonerLeading business group, the Institute of Directors (IoD), has called for the Government to speed up its planned increases to the state pension age., 18 Mar 2013 11:02:02 GMTProspect of UK economic recovery now 'in sight'In some of his most positive comments since the economic crisis, Bank of England Governor, Sir Mervyn King has declared economic recovery for the UK is now firmly "in sight"., 15 Mar 2013 13:02:01 GMTHMRC calls time on its 281 enquiry centresHM Revenue & Customs (HMRC) is to close all 281 of its enquiry centres next year, with the aim of replacing them with 'mobile' services., 15 Mar 2013 11:02:02 GMTHMRC chief admits RTI implementation will have 'chewy moments'HMRC chief, Lin Homer has admitted in an interview with the BBC this week that the implementation of Real Time Information (RTI) for the reporting of PAYE, starting next month, is bound to have 'chewy moments'., 14 Mar 2013 11:02:01 GMTPrime Minister throws weight behind National Apprenticeships WeekThis week marks the UK's National Apprenticeships Week, designed to raise awareness of apprenticeships and the positive impact they can have on individuals, businesses and the UK economy as a whole., 13 Mar 2013 13:02:01 GMTUK business organisations call for 'radical' measures to boost growthMany of the UK's leading business organisations have led the call for 'radical' measures in a bid to kick-start the UK economy that is showing signs of falling back into recession., 13 Mar 2013 12:02:01 GMTExtension to Funding for Lending Scheme highly likelyThe government's Funding for Lending Scheme is expected to be extended in a glaring admission from the Coalition that it is failing small businesses in providing adequate credit to aid growth., 12 Mar 2013 14:02:02 GMTFSB's 'Voice of Small Business' Index indicates growing optimism among SMEsThe Federation of Small Businesses (FSB) has revealed its first economic report of 2013, with the 'Voice of Small Business' index showing tentative signs of increasing optimism among small business prior to the Chancellor's Budget later this month., 11 Mar 2013 14:02:01 GMTHMRC invites 'final comments' on revised Capital Gains Tax RegulationsHM Revenue and Customs (HMRC) have welcomed 'final comments' regarding their draft of the Capital Gains Tax (Amendment) Regulations 2013, which sees the amendment of regulation 15 of the Capital Gains Tax Regulations 1967 which removes a reference to being ‘ordinarily resident’ in the UK., 11 Mar 2013 14:02:02 GMTChild Benefit tax reminder for income earners over £60,000HM Revenue and Customs (HMRC) sent out a reminder this week to higher income earners bringing in over £60,000 a year, whose family is still receiving Child Benefit, to opt out before 28 March if they do not wish to file a tax return and repay the benefit during the 2013/14 tax year., 08 Mar 2013 13:02:01 GMTBusiness lending still viewed as 'bad' by major lendersThe latest Bank of England (BoE) Funding for Lending Scheme (FLS) figures, covering the last quarter of 2012, revealed a net fall in lending to the 'real economy' (households and non-financial corporations) of £2.4bn., 07 Mar 2013 11:02:02 GMTHMRC leaps to defence of Bacs software upgrade chargesThe unexpected costs incurred by businesses needing to upgrade their Bacs software in time for the implementation of Real Time Information (RTI) have been resolutely defended by HM Revenue & Customs (HMRC)., 06 Mar 2013 12:02:01 GMTHMRC launches Property Sales campaign this monthAn HMRC property sales campaign targeting home owners who have profited from owning or selling second homes or even multiple properties is expected to begin this month., 05 Mar 2013 12:02:01 GMTSmall business community should be a 'focal point' of next Budget, say FSBThe Federation of Small Businesses (FSB) has urged Chancellor George Osborne to make the small business community a primary consideration ahead of his eagerly-awaited Budget later this month., 04 Mar 2013 15:02:02 GMT'Free Enterprise' Tory MPs to call for cuts to corporate taxesChancellor George Osborne is to come under increasing pressure from his Conservative colleagues this week with the Free Enterprise group of Tory MPs expected to present its proposals for corporate tax cuts in the upcoming Budget., 04 Mar 2013 15:02:02 GMTGovernment seeks to reduce 'redundant' legislation following regulatory reviewThe interim results of the Company and Commercial Law Red Tape Challenge were revealed this week indicating a welcome shake-up of business regulations, according to Jo Swinson, Parliamentary Under Secretary of State for employment relations, consumer and postal affairs., 01 Mar 2013 12:02:02 GMTCredit control the most unpopular task among small business ownersA study of virtual personal assistants of small business owners by UK virtual PA company, Time Etc has found that almost three-quarters (72 per cent) of PAs rate credit control as their clients' most-hated administrative task., 01 Mar 2013 12:02:02 GMTHMRC tax inspectors take to social media networksIt has been revealed this week that HM Revenue and Customs (HMRC) is recruiting tax inspectors from universities and accountancy firms as part of their so-called 'tax academy' to spot tax evaders across the UK., 01 Mar 2013 09:31:45 GMTForeign entrepreneurs flocking to UK on visa programmeThe number of entrepreneurs entering the UK on the government’s visa programme has doubled in the last 12 months, buoyed by a growing number of foreign nationals from China and Pakistan setting up businesses in London., 01 Mar 2013 09:31:45 GMTPressure intensifies on sterling after downgrade of the UK's AAA credit ratingThere is increasing pressure on the value of sterling after ratings agency Moody's downgraded the UK's proud AAA credit rating this week., 01 Mar 2013 09:31:45 GMTFSB makes last-minute RTI payroll pleaThe Federation of Small Businesses makes a final plea to the Government to soften the overhaul of the payroll tax system in April., 01 Mar 2013 09:31:45 GMTGovt plans to reduce red tape for small businessesThe plan should help to create growth, it has been suggested., 28 Feb 2013 17:02:01 GMTHMRC hails income tax tribunal triumphThe tax office has warned individuals against entering into tax avoidance schemes., 28 Feb 2013 17:02:01 GMTSmall businesses 'should welcome GDP revision'John Walker has welcomed the latest GDP revision., 28 Feb 2013 17:02:01 GMTSmaller businesses are securing more government contracts, report confirmsThe trend could help to stimulate the economy, it has been suggested., 28 Feb 2013 10:02:02 GMTFinancial expert bemoans lack of lendingJohn Fingleton has called on major banks to lend more money to small businesses., 27 Feb 2013 17:02:01 GMTCredit rating downgrading will hurt smaller businesses, says expertHarry Geller has warned of the potential impact of the credit rating downgrading., 27 Feb 2013 10:02:03 GMTSmall firms seek govt tax initiativesThe government has been urged to reduce regulations on businesses., 26 Feb 2013 16:02:02 GMTHMRC steps up fight against tax fraudMike Hainey explained how HMRC intends to tackle tax fraud., 26 Feb 2013 16:02:02 GMTSmaller manufacturing firms are optimistic about 2013, survey showsThe manufacturing industry appears to be on the rise once more, according to research., 26 Feb 2013 10:02:02 GMTFSB urges banks to suspend payments to firms affected by mis-sellingThe FSB has called on banks to end the culture of mis-selling., 25 Feb 2013 17:02:01 GMTFSB bemoans reforms of payroll taxesMike Cherry has described the changes as "incredibly burdensome"., 25 Feb 2013 16:02:01 GMTSmall businesses are dissatisfied with taxation changes, survey showsChancellor George Osborne has come in for more criticism from the business community., 25 Feb 2013 10:02:02 GMTBusiness rates 'too high'A series of organisations have spoken out against a business rate rise., 22 Feb 2013 17:02:01 GMTHMRC names tax defaultersThe department believes a hard-line approach will reduce tax evasion., 22 Feb 2013 10:02:01 GMTSmall firms to benefit from 4GOfcom has announced the five winning bidders for 4G spectrum., 21 Feb 2013 17:02:01 GMTDirect sellers given tax disclosure opportunityHMRC is giving people an extra week to bring their tax affairs up to date., 21 Feb 2013 14:02:01 GMTHMRC urges tax credit claimants to keep information accurateThe department says financial penalties could follow if taxpayers are overpaid., 21 Feb 2013 12:02:01 GMTFinance scheme delivers '£1.1bn of benefits'Small businesses are among those to have gained from the Enterprise Finance Guarantee, the government says., 21 Feb 2013 10:02:01 GMTEmployment grows in final quarter of 2012The Office for National Statistics found that the UK is continuing to create jobs., 20 Feb 2013 17:02:02 GMTHMRC warns of tax rebate fraud emailsThe department is urging people to report any abnormal emails to help stop fraud., 20 Feb 2013 10:02:01 GMTStalling economy not deterring recruitmentThe Chartered Institute of Personnel and Development said that more firms are looking to hire., 19 Feb 2013 17:02:01 GMTMP calls for 'naming and shaming' of tax avoidersMargaret Hodge said that it is time to help HM Revenue and Customs tackle the problem., 19 Feb 2013 10:02:01 GMTHMRC sends out tax return penaltiesAround 850,000 will get the £100 fixed penalty in their post in the next few days., 18 Feb 2013 15:02:01 GMTGovt buildings for small firms 'remain empty'The Treasury's Permanent Secretary says no firm has moved into a property put forward for use., 18 Feb 2013 10:02:01 GMTCIoT calls for RTI penalty changesThe organisation says levies should only be applied for inaccurate PAYE returns from April 2014., 15 Feb 2013 17:02:02 GMTWales' small firms set for funding boostA new Economic Growth Fund programme will help create or safeguard 3,000 job roles., 15 Feb 2013 17:02:02 GMTForum criticises late payments from big firmsThe Forum of Private Business is urging large enterprises to cut their payment times to suppliers., 15 Feb 2013 10:02:01 GMTGovt to stop contracts to tax avoidersThe Treasury has announced plans to stop government contracts to those involved in tax avoidance., 14 Feb 2013 17:02:01 GMTCBI predicts GDP growth in 2013The UK will avoid a triple-dip recession as businesses remain in a positive mindset, according to the report., 14 Feb 2013 17:02:01 GMTMP tells HMRC to do more on tax credit fraud removalMargaret Hodge says the department needs to "get a grip" on the issue after missing a target., 14 Feb 2013 10:02:01 GMTSmall firms 'not planning ahead'However, 55 per cent wish that they were able to, according to research from npower., 13 Feb 2013 17:02:02 GMTNorthern Ireland tax evaders targetedHMRC is looking to recoup lost tax revenues in the next few years., 13 Feb 2013 16:02:02 GMTEast Anglia fast food firms targeted by HMRCThe department has launched a new taskforce to find those that aren't paying the right amount of tax., 13 Feb 2013 10:02:02 GMTMidlands' jewellery trade targeted by HMRCThe department launched four taskforces today to recover lost revenues., 12 Feb 2013 17:02:02 GMTSelf assessment tax cheats targeted by HMRCThe department will set up a taskforce looking into the tax affairs of 400 people in the south-east., 12 Feb 2013 12:02:02 GMTHeathrow could become 'small firm airport'Mayor of London Boris Johnson says an additional hub could lead to the downsizing of Heathrow., 12 Feb 2013 10:02:01 GMTHMRC uses tech to fight VAT avoidanceThe department will give its inspectors mobile devices to help tackle tax avoidance., 11 Feb 2013 17:02:02 GMTHMRC: RTI 'delivers on all fronts'The department will send out letters from this week to ensure businesses are ready for the system's introduction., 11 Feb 2013 12:02:02 GMTDefra funding to help north-east firmsAround £1 million will be aimed towards businesses with fewer than ten employees., 11 Feb 2013 10:02:01 GMTVince Cable bemoans fall in lendingThe Business Secretary has written to the Bank of England asking for it to investigate the lack of lending., 08 Feb 2013 17:02:02 GMTREC: Jobs market continuing to improveThe organisation's Report on Jobs showed further improvements in January., 08 Feb 2013 17:02:02 GMTHMRC issues RTI reminderThe department will send a letter to all businesses this month., 07 Feb 2013 17:02:02 GMTTechnology keeping small firm owners workingResearch shows 38 per cent of key small business workers are working longer hours because of smartphones., 07 Feb 2013 17:02:02 GMTMore people become self-employedThe Office for National Statistics has revealed that there are 367,000 more self-employed workers than there were in 2008., 07 Feb 2013 10:02:02 GMTFSB sets up legal process for mis-sold productsThe organisation will help its members get redress for the mis-selling of complex products., 06 Feb 2013 17:02:01 GMTMarriage tax break 'not in next month's Budget'A government source says plans for a tax break are still on course to be introduced in the current parliament., 06 Feb 2013 10:02:02 GMTGovt launches South Korea trade programmeMinisters believe small businesses can benefit from trade opportunities with the country., 05 Feb 2013 17:02:02 GMTFirms remain vulnerable to cyber attacksResearch shows that only 20 per cent of businesses acknowledge they could be the victim of a cyber attack., 05 Feb 2013 17:02:02 GMTNorth-east firms given funding boostSmall businesses will have access to £6 million of investment., 05 Feb 2013 10:02:01 GMTHalf of firms have 'bought illegal software'Research shows the pitfalls of small businesses purchasing or downloading illegal software., 04 Feb 2013 17:02:01 GMTManufacturing firms confident of growthThe CBI says firms in the sector remain upbeat despite disappointing quarterly figures., 04 Feb 2013 17:02:01 GMTHMRC to host small business eventThe workshop will give out advice to firms keen to know how to expand their research and development., 04 Feb 2013 10:02:02 GMTHMRC: Record numbers file their tax return on timeThe department has confirmed that a record number also filed online., 01 Feb 2013 13:02:01 GMTSelf Assessment tax return deadline passesThose who failed to submit in time must do so as soon as possible or face a three-month penalty on top of the £100 fine they've already received., 01 Feb 2013 10:02:02 GMTBoE reveals further fall in business lending for DecemberSmall firms will be among those struggling to access the funds they need., 31 Jan 2013 17:02:01 GMTNetworking event provides boost to small businesses in LondonOwners were spoken to about the benefits of social media, among other details., 31 Jan 2013 10:02:02 GMTBusinesses keen on hiring in 2013, REC findsMore than half of firms are to increase their permanent headcounts this year., 30 Jan 2013 17:02:01 GMTTaxes set to rise '300 times in current parliament'The TPA says 254 have already risen, with another 45 set to follow by May 2015., 30 Jan 2013 10:02:02 GMTHMRC adds another settlement opportunity for those involved in tax avoidance schemesThe department now has four settlement opportunities available., 29 Jan 2013 14:02:02 GMTForum supports govt proposals on high-speed railway lineThe organisation says businesses are to benefit massively in the decades to come., 29 Jan 2013 10:02:03 GMTFirms keen on VAT reduction in 2013, survey findsInterim Partners has found that a reduction in the rate of VAT would be supported by more than two-thirds of senior managers and directors., 28 Jan 2013 17:02:01 GMTFirms advised to undertake data cleansing ahead of RTI startHMRC says that 80 per cent of errors in returns are on the National Insurance number, date of birth or name., 28 Jan 2013 10:02:02 GMTTaxpayers running out of time to return 2011-12 self assessment tax returnThe department will be issuing instant £100 fines for anyone missing the January 31st deadline., 25 Jan 2013 10:02:02 GMTFirms warned of HMRC's tough approach to late paymentsThe department presented more wind-up petitions in the 12 months to March 2012 than the year before., 24 Jan 2013 18:02:01 GMTHMRC clamps down on unpaid tax bills by using 'distraint' powersThe department visited premises without warning to collect unpaid tax bills nearly 11,000 times in the 12 months to April 2012., 24 Jan 2013 10:02:02 GMTONS confirms UK employment boost as jobless figure fallsThere was a record number of people in work between September and November last year, according to new figures., 23 Jan 2013 17:02:01 GMTHMRC recovers £26m in tax through advice grantsThe department gave out £2 million in funding to help train volunteers up., 23 Jan 2013 10:02:02 GMTSlow take-up of SEIS finance discussedAccountancy Age speculates that small firms are finding it difficult to locate investment., 22 Jan 2013 17:02:01 GMTHMRC and CPS to tackle tax avoidance schemes togetherThe CPS is looking to increase prosecutions by five times by 2015., 22 Jan 2013 17:02:01 GMTSelf assessment tax return deadline loomsTaxpayers are being urged to act now if they haven't done so already., 22 Jan 2013 10:02:01 GMTBroadband speeds could be quickened through HS2 project, govt saysFibre optic lines could be installed alongside tracks to help business growth between London and Birmingham., 21 Jan 2013 17:02:01 GMTScotland's small firms increase headcountsBank of Scotland revealed that there has been an strong increase in permanent and temporary employment., 21 Jan 2013 10:02:02 GMTFSB urges the Prime Minister to support small business growth in EuropeDavid Cameron will be addressing European Union delegates today., 18 Jan 2013 17:02:01 GMTHMRC recruits additional 100 tax inspectorsWhile they will be working on personal wealth, small firms should ensure their tax affairs are up to date., 18 Jan 2013 10:02:02 GMTCBI calls on greater private investment in businessesThe organisation says it is essential that infrastructure investment is made as soon as possible., 17 Jan 2013 17:02:02 GMTTwo weeks until the 2011-12 self assessment tax return deadlineThose who are yet to submit their details have until January 31st to do so., 17 Jan 2013 10:02:02 GMTRTI could push firms over the edge, expert saysJulie Palmer believes that problems could occur if firms are asked to pay their arrears quicker., 16 Jan 2013 17:02:01 GMTThames Valley encourages small business growth with new fund Around £7.25 million has been put aside for firms to help them expand., 16 Jan 2013 10:02:02 GMTBirmingham firms given government help for economic growthBusiness minister Michael Fallon visited the city last week., 15 Jan 2013 17:02:01 GMTSmall firms lack trust in energy suppliers, research showsIngenious Britain found that firms have less faith in energy firms than they do banks., 15 Jan 2013 10:02:01 GMTJobs market showing signs of increasing confidence, says ReedSmall businesses are among those set to invest in staff in 2013., 14 Jan 2013 17:02:01 GMTPrivate sector activity growing in Scotland, research saysBank of Scotland says that new business is helping with this expansion., 14 Jan 2013 17:02:01 GMTDeadline for 2011-12 self assessment tax return submission approachesTaxpayers are being warned that they must act now to avoid being hit by a penalty., 14 Jan 2013 09:02:02 GMTSmall firms reporting decrease in profits, report shows R3 finds that 37 per cent of businesses are seeing a decline in bottom lines., 11 Jan 2013 17:02:02 GMTForum says govt must be bolder when helping businessesThe organisation says there are still many improvements ministers can make., 11 Jan 2013 10:02:01 GMTHMRC tax app downloaded 250,000 timesThe department has launched it to deliver information to taxpayers., 10 Jan 2013 18:02:03 GMTGovt vows to tackle late payments to help small firmsMichael Fallon says he will publish a list of large businesses that have not signed up to a Prompt Payment Code next month., 10 Jan 2013 17:02:02 GMTSmall business employees 'keen on efficiency' for 2013Google finds that the majority have seen their workloads increase over the last two years., 10 Jan 2013 10:02:02 GMTHMRC warns firms on VAT return delaysThe department is giving businesses until February 28th to get their VAT returns up to date., 09 Jan 2013 17:02:02 GMTTax return deadline 'is also about paying the tax'Taxpayers must ensure they complete their 2011-12 return by January 31st., 09 Jan 2013 10:02:01 GMTWelsh small firms feeling confident for 2013, report suggestsThe South Wales Chamber of Commerce shows optimism is rife among small businesses., 08 Jan 2013 17:02:01 GMTRising costs not hindering Scottish small firms, FSB findsMore businesses are feeling confident despite worries over weaker trading., 08 Jan 2013 10:02:01 GMTHMRC says 200,000 have opted out of child benefitChanges to the benefit come into force today (January 7th)., 07 Jan 2013 17:02:02 GMTCash incentive scheme for small firm apprentices extendedThe Apprenticeship Grant for Employers scheme will encourage firms to take on more workers., 07 Jan 2013 10:02:01 GMTAvailability of credit still a problem for small firms, BCC saysThere was a sharp reduction in credit demand from small firms, according to figures., 04 Jan 2013 16:02:02 GMTLess than four weeks before Self Assessment tax return deadlineThose who are yet to submit their details for 2011-12 need to do so online before January 31st., 04 Jan 2013 16:02:02 GMTThirty-two top tax cheats jailed, HMRC announcesThe group have been given a combined jail total of 155 years and ten months., 04 Jan 2013 10:02:01 GMTIOD finds businesses are confident of growth in 2013Expectations of a positive year are rising, according to the organisation., 03 Jan 2013 18:02:02 GMTStart-up loan scheme extended by governmentLoans of up to £2,500 will be made available to people up to the age of 30-years-old., 03 Jan 2013 17:02:01 GMTLabour calls for Small Business Saturday celebrationThe party wants a day set aside to celebrate the work of small firms and encourage people to buy from independent traders., 03 Jan 2013 10:02:01 GMTReasons to have cautious optimism in 2013, FSB saysNational Chairman John Walker says that a reduction in red tape will be welcome for small firms., 02 Jan 2013 17:02:01 GMTHMRC issues reminder of RTI introduction to businessesThe new PAYE reporting system will come into force this April., 02 Jan 2013 15:02:01 GMTChild Benefit decision looms for high-earning taxpayersThose earning more than £50,000 in a tax year have until January 6th to choose whether to continue to receive the benefit., 02 Jan 2013 10:02:01 GMTRise in number of people submitting tax returns on Christmas DaySome 1,548 filed a return on December 25th this year., 31 Dec 2012 10:02:01 GMTSmall businesses confident of growth, says reportThe Co-operative Bank also found that 44 per cent of enterprises are expecting an increase in sales and orders in 2013., 28 Dec 2012 10:02:01 GMTDeadline for 2011-12 tax returns fast approachingTaxpayers must submit their details online by January 31st or face a penalty., 27 Dec 2012 10:02:01 GMTSmall firms should consider team building exercises, expert saysHilary Jeanes says it will boost productivity., 24 Dec 2012 10:02:02 GMTTax avoidance scheme closed by new govt legislationThe scheme had lowered businesses' Corporation Tax bills., 21 Dec 2012 17:02:01 GMTSir Peter Burt appointed to business bank advisory groupBank of Scotland's Chief Executive will chair the panel., 21 Dec 2012 10:02:02 GMTSmall business workers suggest critical documents can be tampered withMore than two-thirds of finance and IT staff say that documents can be amended by other members of staff., 20 Dec 2012 16:02:01 GMTConfidence growing in north-west small businesses, report findsFSB's more geographical breakdown of business confidence shows north-west firms ahead of other areas., 20 Dec 2012 10:02:02 GMTJobsOutlook reveals small businesses are increasingly keen on hiringThe Recruitment and Employment Confederation finds 96 per cent of firms will maintain or increase hiring levels next year., 19 Dec 2012 17:02:01 GMTForum urges councils to help small firms with parking charge scrappingThe organisation believes that it would be of huge benefit to businesses finding it difficult to trade on the high street., 19 Dec 2012 10:02:02 GMTBanks encouraged to lend through Enterprise Finance Guarantee schemeThe Business Minister has written to the Chief Executives of five high street banks., 18 Dec 2012 17:02:02 GMTFSB finds small business confidence is on the riseThe organisation's Small Business Index grew in the final quarter of this year., 18 Dec 2012 17:02:02 GMTIoD welcomes govt plans to cut red tapeThe organisation says it could save businesses between £4 billion and £5 billion., 18 Dec 2012 10:02:02 GMTHMRC launches new tax return ad campaignThe department is hoping to encourage all people to send in their 2011-12 tax return., 17 Dec 2012 17:02:01 GMTGovt opens up floor space to encourage start-up shopsThe Department for Communities and Local Government will welcome six new firms to set up shop every fortnight in part of its headquarters., 17 Dec 2012 17:02:01 GMTSmall firms given £1.1m govt innovation boostMinisters have announced a second wave of Innovation Vouchers will be launched to help businesses develop their products., 17 Dec 2012 10:02:02 GMTRed tape to be cut under new govt measuresMinisters will be looking into the appeals process in the coming months., 14 Dec 2012 18:02:01 GMTHMRC warns people about tax return penalties for 2010-11Thousands of people still owe £1,300 in late-filing penalties for that tax year., 14 Dec 2012 18:02:01 GMTHalf of small firms 'review large costs once a year'Research from Clydesdale and Yorkshire Banks shows that there is plenty of money to be saved., 14 Dec 2012 10:02:04 GMTLending plan 'a great endorsement' for small firmsPaul Aitken of borro has welcomed news of a new finance scheme for small businesses., 13 Dec 2012 12:02:01 GMTEmployment grows in quarter to October as private sector recovers furtherThe Office for National Statistics says that unemployment fell by 0.2 percentage points., 12 Dec 2012 17:02:02 GMTBusiness Finance Partnership to boost lending to small firmsThe government unveils proposals to make more than £100 million available to enterprises looking to grow., 12 Dec 2012 17:02:02 GMTBeer Duty having 'crippling impact' on pub industryThe Campaign for Real Ale says that around 5,800 pubs have already been forced to close., 12 Dec 2012 10:02:02 GMTInsolvency laws set to change on bank accounts for bankruptsThe government is worried that bankrupts are being turned down for basic accounts., 11 Dec 2012 18:02:02 GMTChancellor to make Budget speech on March 20th 2013George Osborne unveiled the date only six days after his Autumn Statement., 11 Dec 2012 15:02:01 GMTFirms intending to recruit in Q1 2013, research showsBut experts warn that the jobs market is being dominated by temporary positions., 11 Dec 2012 15:02:01 GMTPermanent placement numbers increasing, report showsThe Recruitment and Employment Confederation says that the number of permanent job placements rose again in November., 11 Dec 2012 10:02:01 GMTUK govt urged to cut red tape that is weighing small firms downThe Confederation of British Industry says that businesses are "drowning under the extra weight of regulation"., 11 Dec 2012 09:02:02 GMTUK and Isle of Man to share tax information to clamp down on evasionThe agreement is part of a much wider offshore tax evasion programme., 10 Dec 2012 10:02:02 GMTMonth to go for taxpayers to decide on Child Benefit ChargeHMRC will be charging taxpayers earning more than £50,000 in a tax year and receiving the payment from January 7th., 07 Dec 2012 17:02:02 GMTForum reflects on a 'good Budget' for small firmsChief Executive Phil Orford is urging small businesses to take advantage of the increase in Annual Investment Allowance., 07 Dec 2012 10:02:01 GMTFuel Duty rise abolishment provides 'sigh of relief' for small firmsThe Federation of Small Businesses is now calling on the government to scrap September 2013's planned rise., 06 Dec 2012 17:02:02 GMTICAS warns of difficulties surrounding cash-based accountancyThe government announced unincorporated firms with receipts of up to £77,000 will move to cash accounting from April 2013., 06 Dec 2012 15:02:01 GMTFLS helping mortgage market more than small firms, says expertIt comes as the government gets ready to launch a Business Bank to boost lending., 06 Dec 2012 10:02:01 GMTAnnual Investment Allowance increased tenfold by govtSmall firms will also benefit from an extension of the rate relief scheme., 05 Dec 2012 16:02:04 GMTExtra £5.5bn to be invested in infrastructure, govt saysSmall businesses will be among those to benefit as roads and broadband speeds are improved., 05 Dec 2012 15:02:01 GMTCorporation Tax to be lowered to 21%, govt announcesChancellor George Osborne says it will show the world that "Britain is open for business"., 05 Dec 2012 15:02:01 GMTHMRC to hire 2,500 more tax investigators, Chancellor confirmsGeorge Osborne told the House of Commons that the government will be investing an additional £77 million in HMRC to tackle tax avoidance., 05 Dec 2012 15:02:01 GMTFuel Duty increase scrapped in Autumn StatementSmall businesses will also benefit from the introduction of a Business Bank and export finance help., 05 Dec 2012 14:02:02 GMTGroup jailed for £45 million VAT fraudSeven people were found guilty and have received combined jail terms of 62.5 years., 05 Dec 2012 12:02:01 GMTGeorge Osborne set to deliver Autumn StatementThe Chancellor is reportedly set to scrap the planned increase in fuel duty among other changes., 05 Dec 2012 10:02:01 GMTTaxpayers urged to apply for online Self Assessment by HMRCThe internet deadline for returns is January 31st next year., 04 Dec 2012 17:02:02 GMTHMRC looks into credit files of 20,000 peopleThe move is part of a wider crackdown on tax evasion., 04 Dec 2012 17:02:02 GMTFunding for Lending Scheme boosts small firm finance in Q3The scheme saw £4.4 billion leant to businesses in the third quarter of the year., 04 Dec 2012 10:02:02 GMTABFA announces plan to reform small business lendersThe ABFA intends to create an "ombudsman-style" service., 03 Dec 2012 16:02:01 GMTGovt announces action against tax dodgersThe move could generate billions in extra revenue, according to the government., 03 Dec 2012 14:02:02 GMTSmall businesses set to be offered new tax breaksGeorge Osborne will reveal details of new tax breaks for investors in start-up companies., 03 Dec 2012 10:02:02 GMTSmall businesses 'will lead the return to growth'Chris Cummings has cautioned against imposing further regulations on lending., 30 Nov 2012 16:02:02 GMTFurther regulation of shadow banking could stifle small businesses, says expertThe FSB has cautioned against a crackdown on shadow banking, saying it could harm small businesses., 30 Nov 2012 10:02:02 GMTSmall firms keen to invest over next year, report findsLarger businesses, however, are less confident about prospects going into 2013., 29 Nov 2012 17:02:02 GMTNo automated late payment penalties for RTI until April 2014, HMRC saysThe Programme Director for RTI says the majority of businesses are finding the new system straightforward., 29 Nov 2012 17:02:02 GMTHMRC publishes scenarios where firms would be RTI exemptThe department says notional payments will be among the situations where information will not have to be made available immediately., 29 Nov 2012 10:02:02 GMTPatent Box tax relief explanation put online by HMRCThe new tax relief aims to encourage innovation through a lower Corporation Tax rate., 28 Nov 2012 16:02:02 GMTGovt offering help for small firms on the high street, minister saysMark Prisk believes Westminster is providing help to convenience stores and other essential outlets., 28 Nov 2012 10:02:02 GMTForum warns against increasing tax on UK's wealthiestIt believes this will, in turn, harm small businesses and entrepreneurs., 27 Nov 2012 17:02:01 GMTOrganisation urges govt to increase funding in tech sectorGeorge Osborne should direct more money to the science industry and Regional Growth Fund, according to The Work Foundation., 27 Nov 2012 17:02:01 GMTGovt to boost supply chain for manufacturing firmsBusiness Secretary Vince Cable says that it is vital the right conditions are created in the industry., 27 Nov 2012 10:02:02 GMTHMRC sends out letters to suspected tax avoidersThe department is thought to be focussing on particular avoidance schemes in this instance., 26 Nov 2012 18:02:01 GMTEEF calls for change of focus in Autumn StatementThe manufacturers' organisation says the government should look to support business investment., 26 Nov 2012 18:02:01 GMTBusinessman jailed for VAT fraudPatrick Larkin faces at least two years in prison after avoiding his tax obligations over a nine-year period., 26 Nov 2012 10:02:02 GMT'Third of small firm owners' to have little time off over ChristmasResearch shows 32.7 per cent of owners will have fewer than two days off., 23 Nov 2012 17:02:02 GMTRed tape to be cut for street stall traders, govt saysMinisters believe it will give a boost to those working in these small businesses., 23 Nov 2012 17:02:02 GMTChildcare vouchers 'vital element' to women-in-work debateIain McMath says that the importance of these vouchers is growing as child benefits are cut., 23 Nov 2012 10:02:01 GMTForum calls for changes to National Insurance holidayThe organisation has sent its ideas to George Osborne ahead of the Chancellor's Autumn Statement next month., 22 Nov 2012 18:02:02 GMTNAO calls on HMRC to demonstrate tax avoidance crackdownThe organisation says that it must also watch its costs and judge its effectiveness., 22 Nov 2012 10:02:02 GMTSantander to boost lending to small firmsThe bank is involved with the government's Funding for Lending Scheme., 21 Nov 2012 17:02:02 GMTRag trade to be targeted by HMRC taskforceThe department will study the records of manufacturing, wholesale, retail and textile firms in the Midlands, north-west of England and north Wales., 21 Nov 2012 17:02:02 GMTCentreForum unveils savings ideas for Autumn StatementThe liberal think-tank says it is possible to make cuts without hitting the poor., 21 Nov 2012 10:02:01 GMTBusiness red tape to be cut in Whitehall to improve growthA 'one in, two out' plan will be brought in for new rules., 20 Nov 2012 17:02:01 GMTOrganisations call for merger of Income Tax and National InsuranceThe Institute of Directors and TaxPayers' Alliance say the system is burdensome in its current state., 20 Nov 2012 17:02:01 GMTSouth-east property sector to be focus of HMRC taskforceThe department is hoping to reclaim £4 million in unpaid tax in the move., 20 Nov 2012 10:02:02 GMTReport suggests devolving Income Tax power to Welsh govtThe Silk Commission says local government should be able to control the levy., 19 Nov 2012 17:02:01 GMTScottish alcohol industry targeted by HMRC taskforceThe department is looking to catch up with tax evaders., 19 Nov 2012 17:02:01 GMTSmall firms given £40m investment boost by govtThe Enterprise Capital Fund will be aimed at science, technology and engineering sectors., 19 Nov 2012 10:02:01 GMT'Systematic abuse' of tax system could lead to changesVince Cable says the Autumn Statement could contain new measures after he said multi-national companies are avoiding tax., 16 Nov 2012 10:02:02 GMTFPB says Fuel Duty rise would be 'economic vandalism'The organisation says George Osborne has an opportunity to prove he is in touch with businesses' needs., 15 Nov 2012 17:02:01 GMTRegional Growth Fund boosts north-east businessesAround 80 new jobs will follow in Blyth after £3 million of investment., 15 Nov 2012 17:02:01 GMTUnemployment down in quarter to September, ONS saysThe number of people out of work fell by 49,000 to 2.51 million in the three months to September., 15 Nov 2012 10:02:02 GMTTreasury hints that Fuel Duty rise will be delayed despite Commons voteGeorge Osborne will reveal the government's decision in next month's Autumn Statement., 14 Nov 2012 17:02:01 GMTBusiness rate evaluation will cause 'immediate and widespread concern'The BPF believes that changes need to be made., 14 Nov 2012 10:02:02 GMTEight trade envoys named to help spread word on ideasSmall businesses will be among those to benefit from the government's announcement., 13 Nov 2012 17:02:01 GMTHMRC to give extra time where RTI is difficult to implementThe department will unveil its full plans later this month., 13 Nov 2012 10:02:02 GMTCIPD finds firms are looking to expand in final quarterHiring intentions remain high across UK firms, research shows., 12 Nov 2012 17:02:01 GMTRecord Check penalties will be small in number, says HMRCThe department says small firms will have plenty of time to get their records up to scratch., 12 Nov 2012 17:02:01 GMTHMRC launches tax avoidance and evasion ad campaignThe department has warned those doing wrong that they will be caught., 12 Nov 2012 10:02:02 GMTLabour market improves further in OctoberThe Recruitment and Employment Confederation's Report on Jobs shows good news for those looking for permanent and temporary work., 09 Nov 2012 17:02:01 GMTEnergy investment programme can create 'thousands of jobs'Consumer Focus believes it will also boost Gross Domestic Product by 0.2 per cent., 09 Nov 2012 17:02:01 GMTLending to small firms 'up 41 per cent', says borroThe company says around 60 per cent of its lending is going to small businesses., 09 Nov 2012 10:02:02 GMTCBI calls for greater investment in transport infrastructureThis, Sarah Green says, will help to boost businesses in the north of Britain., 08 Nov 2012 17:02:02 GMTMarketing essential to a small firm's success, says expertStefan Drew believes small businesses should gather information wherever they can., 08 Nov 2012 17:02:02 GMTSmall firms to recruit 'extra 450,000 people' over next yearGE Capital reveals there are also plans to boost investment., 08 Nov 2012 10:02:02 GMTStress not being taken seriously enough in the workplace, research showsOnly one in five firms is putting mental health as its top health risk., 07 Nov 2012 17:02:01 GMTInterim advisory group to oversee tax avoidance rule creationThe General Anti-Abuse Rule will further extend HMRC's powers against tax avoidance., 07 Nov 2012 17:02:01 GMTOptimism remains among small firms, survey shows Nine out of the ten businesses questioned said they will be in existence in five years' time., 07 Nov 2012 10:02:02 GMTHMRC announces extension of RTI pilot programmeAround a quarter-of-a-million firms will be using the system by next March., 06 Nov 2012 18:02:01 GMTAPSCo: Temporary job placement numbers increasingSmall businesses and others are turning to contractors as the economy continues to struggle., 06 Nov 2012 10:02:02 GMTTaxPayers' Alliance adds support to business rate freeze campaignThe organisation says that an increase will lead to empty shops and fewer jobs., 05 Nov 2012 17:02:01 GMTSmall firms see fall in production and order numbers, CBI finds Its SME Trends Survey also revealed a fall in export confidence., 05 Nov 2012 10:02:02 GMTApprenticeship standards need to improve, say small firmsSome 69 per cent questioned by the Federation of Small Businesses want a greater emphasis placed on employability skills in schools., 02 Nov 2012 18:02:03 GMTHMRC reminds people of online tax return deadlinePeople who did not submit a paper tax return for the 2011-12 financial year have until January 31st to do so online., 02 Nov 2012 10:02:02 GMTHMRC relaunches programme to check on firms' recordsSmall businesses with poor records will be under greater scrutiny under plans announced by the department., 01 Nov 2012 12:02:02 GMTBPF outlines measures to tackle business rate riseIt believes the postponed revaluation should be cancelled and rates lowered to two per cent., 01 Nov 2012 10:02:02 GMTBeer tax debate set for Parliament this weekMinisters will debate the positives and negatives of the duty escalator., 31 Oct 2012 16:02:01 GMTBusiness rate revision delay debates in the CommonsPlans are afoot to delay the revision until 2017, leaving small retailers paying 2008 rates., 31 Oct 2012 11:39:20 GMTA quarter of small firms 'still unaware of Real Time Information'The FSB unveils alarming figures only six months before PAYE changes come into force., 31 Oct 2012 11:39:20 GMTBuilder jailed for 27 years of tax evasionHarry Rowbottom was found to owe £65,000 in Income Tax and National Insurance., 31 Oct 2012 11:39:20 GMTHiring intentions continue to grow for small firms, says researchThe CBI and Harvey Nash find a "mini-miracle" in the jobs market., 31 Oct 2012 11:39:20 GMTHMRC to issue letters to those affected by Child Benefit changesA new charge will be introduced from January 7th 2013 to any individual receiving Child Benefit and earning over £50,000., 31 Oct 2012 11:39:20 GMTDeadline approaching for 2011-12 paper tax return submissionTaxpayers can avoid any late penalties by submitting their return online., 31 Oct 2012 11:39:20 GMTSmall firms 'must control IT estate'Ray Blackman says it is easier to make mistakes otherwise., 31 Oct 2012 11:39:20 GMTBRC unveils boost to retail employmentMore than 20,000 full-time roles were added in the third quarter., 31 Oct 2012 11:39:20 GMTUK economy boosted in third quarterONS reveals that the UK's Gross Domestic Product increased by one per cent in the three-month period., 31 Oct 2012 11:39:20 GMTScottish small firms benefit from rates relief The scheme gives "breathing space" to businesses, according to the FSB., 31 Oct 2012 11:39:20 GMTAction must be taken on tax avoidance, PM saysDavid Cameron says that firms must pay their fair share., 31 Oct 2012 11:39:20 GMTUK drops in world's 'business-friendly' rankingsThe country is now seventh in how easy it is to set up a firm., 31 Oct 2012 11:39:20 GMTReport: Engaging with the local community betters profitsRIBI finds that small firms working with locals achieve a better bottom line., 31 Oct 2012 11:39:20 GMT'One thousand' over-charged on tax billsA glitch in the online payment system left many people charged more than once while paying the tax owed on their 2011-12 self assessment tax return., 06 Feb 2013 17:02:01 GMT