UK Finance launches campaign in bid to help SMEs prepare for Brexit

UK Finance announced a national campaign encouraging small and medium-sized enterprises (SMEs) to prepare for the potential changes and opportunities brought about by the UK’s departure from the EU.

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Surplus in CGT receipts boosts UK Government’s finances

According to the latest figures released by Office for National Statistics, income from taxes surpassed public spending by £14.9 billion, which has resulted in the Government’s largest January surplus since records began in 1993.

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HMRC to “Phase in” Entry Summary Declarations in no-deal Brexit

HM Revenue & Customs (HMRC) has announced plans to phase in Entry Summary Declarations should the UK leave the EU without a deal this March.

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MP’s calling for more to be done to help the high street

MP’s are backing calls for changes to the current tax regime in a bid to halt the current decline in UK high streets and town centres and allow them to flourish in the future.

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Innovative ideas to change the world: new business funding

Innovate UK Smart funding launches with £20 million grant competition for ambitious projects that could disrupt a global industry or market.

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The VAT reverse charge and how it will affect the construction industry

This year could be the most challenging year yet for the construction industry, as HM Revenue and Customs (HMRC) has announced that the VAT reverse charge will commence 1 October 2019. The Government announced in the 2017 autumn budget statement

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Data protection: what happens if we leave the EU without a deal?

UK businesses who share data with organisations in the European Economic Area (EEA) will need to take steps to ensure they continue to comply with data protection laws should the UK leave the EU without a deal. The warning comes

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What happens if I want to prepare my business for sale?

Business owners that choose to sell their business will face a number of tax challenges, which is why it is wise to plan ahead well in advance. It is important to be aware of the rules governing Capital Gains Tax

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SMEs striving for growth in 2019 with half looking to increase headcount

With continuing tough economic uncertainty, UK SMEs are still eager to grow their headcount by an average of 21 per cent over the next 12 months, according to new research from business energy supplier, Opus Energy.

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ICAEW reveal valentine’s tax benefits

It may not be the most romantic reason to propose but with valentine’s day just a few days away the ICAEW are highlighting the tax benefits of getting married or entering a civil partnership.

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