Business News

Don’t forget the Self-Assessment deadline

7 Dec 2017

While most people will be focused on the festive celebrations at this time of the year, businesses and their owners must not forget the all-important Self-Assessment deadline. The deadline for sending 2016-17 tax returns to HMRC is midnight on 31

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SMEs risk losing out on Christmas income totalling £2bn if they don’t accept cards

7 Dec 2017

A new study has revealed that almost half of all shoppers will not spend money with a business this Christmas if it doesn’t provide facilities to pay by card. A study, commissioned by card machine provider Paymentsense, has found that

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Business rates to switch from RPI to CPI, saving SMEs billions of pounds

7 Dec 2017

Businesses across the UK have welcomed the Chancellor’s decision to bring forward plans changing the way business rates are set by two years. In the Autumn Budget, Philip Hammond announced that from April 2018 business rates would rise in line

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Class 2 and 4 NIC merger delayed until 6 April 2019

7 Dec 2017

The abolition of Class 2 National Insurance Contributions (NIC) will now be delayed until 6 April 2019, according to a new written statement to the House of Commons. HM Treasury has written to MPs to let them know that the

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Simple by name, but not necessarily by nature

7 Dec 2017

Earlier this year, HM Revenue & Customs (HMRC) introduced Simple Assessments for some taxpayers who have, until now, been required to complete Self-Assessment Tax Returns. Those affected are taxpayers with relatively straightforward financial affairs where HMRC considers that it already

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