Prime Minister hints at end of Entrepreneurs’ Relief

It has been strongly hinted that Entrepreneurs’ Relief will be scrapped under the new Government following words from Prime Minister Boris Johnson.

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SMEs: Eight out of 10 struggle to access funding for growth

According to the latest research, 80 per cent of UK small to medium-sized enterprises (SMEs) are struggling to access funding to grow their business.

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IR35 – everything you need to know about the off-payroll working regulations

New changes are set to come into force in April 2019 that will affect individuals and contracts that provide personal services through an intermediary for medium-sized and large businesses.

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Small businesses “do not trust” Open Banking software

Open Banking legislation has done little to increase competition or reduce costs in the payments market, a major report has revealed.

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Marriage Allowance: Warning as copycat website charges excessive fees to claim free rebate

Experts are warning taxpayers to be aware of the copycat website that appears to be similar to HM Revenue & Customs’ (HMRC) official website, with the firm charging exorbitant fees to claim the Marriage Allowance rebate.

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3,000 taxpayers file Self Assessment on Christmas day

More than 3,000 Self Assessment returns were filed on Christmas day, HM Revenue & Customs (HMRC) has revealed.

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SME Health Check shows positive signs in the third-quarter of 2019

The latest small and medium-sized enterprise (SME) Health Check Index has shown recovery from the second quarter of 2019, with business confidence increasing.

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Government confirms business rates Retail Discount extension

High street businesses have been given a new lifeline after the business rates Retail Discount extension was reintroduced to Parliament this week.

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Overspending at Christmas is causing people to get into debt

According to the latest research, 30 per cent of people in the UK get into debt every year due to overspending at Christmas.

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Consumers set to spend £4.4 billion with small businesses this Christmas

According to the latest research, British consumers are set to spend £4.4 billion with small businesses this Christmas.

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One in three small business owners “prioritise work-life balance”, study reveals

More than 33 per cent of entrepreneurs see “cutting down work hours” as a major priority, a new study has revealed.

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IR35: HMRC launches updated CEST service

HM Revenue & Customs (HMRC) has launched an updated Check for Employment Status for Tax (CEST) service ahead of the introduction of the IR35 off-payroll working rules for the private sector on 6 April 2020.

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VAT receipts rise to record £133 billion

The amount of VAT collected in the last 12 months has risen to a record £133 billion, with a significant contribution from the retail and wholesale sectors.

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Two in five small businesses run by millennials, research reveals

Almost two in five small businesses in the UK are run by millennials, a major new study has revealed.

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IR35: HMRC loses £243,000 tax case

HM Revenue & Customs (HMRC) has lost a case against an IT Consultant that the tax body deemed liable for £243,000 in tax under the IR35 rules.

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