Business News

Chasing outstanding debts from an individual or sole trader?

7 Dec 2017

Outstanding payments can be a major headache for SMEs as they can have a significant effect on cashflow and seeking payment can take up time that would be better spent on running the business. In fact, according to Bacs, the

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Chancellor fails to deliver on OTS VAT recommendations

7 Dec 2017

The Office for Tax Simplification (OTS) recently published its findings following a review intended to ensure the VAT system remains relevant. On the basis of its findings, the OTS made eight core recommendations: The Government should examine the current approach

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HMRC to implement changes to how it is paid

3 Nov 2017

HM Revenue & Customs (HMRC) is to change the way that taxpayers and their agents can make payments. From 15 December 2017 and 13 January 2018, the pay at the post office service will be withdrawn and HMRC will no

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Over-50s cutting back on essentials to leave inheritance

3 Nov 2017

According to new data from Populus, nearly half of people aged over 50 are willing to forgo luxuries in later life to leave a larger inheritance for their children. The study, commissioned by Saga Money, also found that 80 per

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Britain’s small business economy is expected to grow nearly a fifth by 2025

3 Nov 2017

The UK’s small business economy is expected to grow by nearly a fifth in total by 2025, but some areas are predicted to grow much quicker than others. The predictions result from a survey by Hampshire Bank Trust and the

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