Knowing which taxes your business is liable for can feel a bit overwhelming, which can result in you not recognising opportunities to save on tax. If you have a limited company or a foreign company with a UK branch, you will ...
READ MOREA major change in the way VAT is reported comes into force from tomorrow. Every small business that charges VAT will have to file accounts through the HM Revenue & Customs (HMRC) Making Tax Digital (MTD) system. All VAT-registered businesses must ...
READ MOREAs the war in Ukraine rages, UK SMEs are facing new import and export headaches on top of any problems already being experienced with Brexit. Any business involved in international trade, whether importing, exporting or part of the supply chain supply ...
READ MORERaising revenue is often one of the key objectives for small and medium-sized businesses (SMEs), however it can be a difficult process to navigate. The last two years have had a damaging impact on UK businesses, with closures due to coronavirus ...
READ MOREOne of the key things that small and medium sized businesses (SMEs) need to get right is payroll. Not only is it a legal requirement to maintain the relevant documents and pay the correct amount of tax, getting prepared can help ...
READ MORECloud accounting software adopters are more likely to experience the benefits of Making Tax Digital (MTD) for VAT than those using only bridging software, a new study has revealed. The research, published by HM Revenue & Customs (HMRC), comes ahead of ...
READ MORESmall businesses could get up to £5,000 to pay for cloud accounting software under the Help to Grow: Digital scheme, it has been announced. The initiative – which forms part of the Government’s flagship support programme for small businesses – launched ...
READ MORESmall and medium-sized enterprises (SMEs) that do not use Making Tax Digital (MTD) for VAT make more errors than those that do, a major study has revealed. The research, published by HM Revenue & Customs (HMRC), comes before the introduction of ...
READ MOREAs many companies will already know, COP26 took place in Glasgow last month and fuelled many firms to commit to going Net-Zero by 2050. Currently, there are several green taxes already in operation, such as the Climate Change Levy (which encourages ...
READ MOREFour in 10 exporters have reported a fall in international sales since the end of the Brexit transition period, a major study has revealed. The finding forms part of the Federation of Small Business’ (FSB) Small Business Index (SBI), which provides ...
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