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Half of UK SMEs are struggling with cash flow
Aug 19, 2019
According to the latest industry research, 2.5 million (44 per cent) UK small and medium-sized enterprises (SMEs) are struggling with cash flow as they prepare for Brexit. Research indicated that in the second quarter almost a third (29 per cent) of ...
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Burgeoning costs of employment forcing small businesses to cut back on investment
Aug 15, 2019
The rising legal minimum wage is forcing small businesses to cut back on investment and reduce headcount, a new study has revealed. The finding forms part of brand new research published by the Federation of Small Businesses (FSB), a leading business ...
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Top industries for employer pension contributions revealed
Aug 12, 2019
Preparing for life after work has become one of the most important considerations for workers as they bid to secure their financial future. Auto-enrolment is now a league requirement for many, but the difference between employers’ contributions can play a substantial ...
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Government encouraging SMEs to sign up for funding to help with Brexit
Aug 08, 2019
The Government is encouraging UK small and medium-sized enterprises (SMEs) to register for funding to help them cope with a new customs system following a potential no-deal Brexit. In December, the Treasury and Revenue & Customs unveiled an £8 million training ...
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Millions of workers boosting incomes through side businesses
Aug 05, 2019
According to the latest research, millions of British workers are boosting their income through 'side hustles'. The study of adults in full-time employment by Vistaprint found that almost a quarter of respondents had turned a hobby into a side business alongside ...
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Best UK cities for female entrepreneurship revealed
Aug 01, 2019
According to the latest research by Clydesdale Bank Yorkshire Bank (CYBG), Bristol and Sheffield are the two best cities in the UK for female entrepreneurs. The findings come following a study into the attitudes and opinions of 2,000 small business owners ...
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Workers missing out on £140 million in unclaimed expenses
Jul 29, 2019
New research has revealed that workers in the UK choose to miss out on £140 million a year in unclaimed work expenses, rather than go through the complex expense claim process. The survey was conducted by smart business spending solution Soldo, ...
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HMRC investigates a quarter of estates that pay IHT
Jul 25, 2019
In the 2018 to 2019 tax year, HMRC opened 5,537 inheritance tax (IHT) investigations, which equated to almost a quarter (23 per cent) of the 22,000 estates on which the tax is applicable. IHT is levied at a rate of 40 ...
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Everything you need to know about electric company cars and tax
Jul 22, 2019
The number of electric cars in Britain recently hit the 200,000 milestone, indicating that the UK is finally coming round to the inevitable idea of an emission-free future. But why wait until then? Electric car owners are already experiencing the cost-saving ...
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VAT Reverse Charge for building and construction services – What you need to know
Jul 18, 2019
In an attempt to tackle fraud in the construction industry, HM Revenue & Customs (HMRC) is be introducing a domestic reverse charge which will take effect from October 2019. The reverse charge legislation will now place the responsibility on a contractor ...
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