Hospitality sector warns about EU staff shortfall

Members of the hotel, restaurant and tourism industries have warned that the UK faces a shortfall of up to 60,000 workers a year if immigration from the European Union is restricted. The British Hospitality Association (BHA) claims that thousands of

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CEBR report sheds light on SME growth trends

The Centre for Economics and Business Research (CEBR) has published a new report which sheds light on the growth trends of Britain’s small and medium-sized enterprises (SMEs).

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‘True costs’ of Making Tax Digital still unclear, says Treasury Committee

The Treasury Committee has again called on HM Revenue & Customs (HMRC) to provide greater clarity on the true costs of Making Tax Digital (MTD) for small and medium-sized enterprises (SMEs).

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12 per cent rise in winding-up applications to recover unpaid tax

A new study suggests that the number of winding-up applications issued by HM Revenue & Customs (HMRC) to small and medium-sized enterprises (SMEs) is on the rise. According to business financier Funding Options, 3,906 such applications were issued to SMEs

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New technology to see cheques clear within one working day

From October this year, businesses that pay cheques into their accounts will be able to get the money cleared within one working day.

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Tax-free childcare coming this April

From 28 April this year, parents with young children will be able to claim tax-free childcare against their yearly income.

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Inflation rises past BoE’s two per cent target

The UK’s inflation rate jumped from 1.8 per cent in January to 2.3 per cent in February, the Office for National Statistics (ONS) has revealed.

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Fines of up to £3,000 for failure to comply with Making Tax Digital, says HMRC

Taxpayers who fail to use Making Tax Digital, the Government’s all-new digital tax system, will face fines of up to £3,000, according to a consultation paper released today.

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Country’s wealthiest burdened by increasing taxes, says study

The tax burden on the country’s wealthiest individuals has nearly tripled since the 1970s, a study has revealed.

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This is what entrepreneurs love about being their own boss

Owners of small and medium-sized businesses (SMEs) have shared what they love about running their own business The research, published by property letting agent City Breaks, looks at the motivations of 1,000 UK entrepreneurs – whether that means calling the

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