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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Get up to speed with new off-payroll working rules

Ahead of the introduction of the new off-payroll working rules, HM Revenue & Customs (HMRC) has published a factsheet outlining the changes and what they mean for small businesses.

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Can you beat these bizarre expenses claims?

An unsuccessful expenses claim for pet food for a Shih Tzu “guard dog” has been included in HM Revenue & Customs’ (HMRC) annual list of “imaginative and questionable tax claims”.

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One in five workers looking to start a business in 2020

According to new research by accounting software provider FreeAgent, one in five (22 per cent) UK employees plan to become their own boss during 2020.

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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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Off-payroll working rules for employers: what you need to do

While contractors are preparing for sweeping changes to off-payroll working rules in April this year, many employers are still in the dark over their legal obligations.

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Calls for Government to do more to protect workers from underpayment

The Resolution Foundation is leading calls for the Government to improve the enforcement of the minimum wage after it emerged that only one in eight firms breaking the rules are being caught by HM Revenue & Customs (HMRC)

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File tax return now to avoid “unnecessary penalties”, says HMRC

With less than one month to go until the Self Assessment deadline, HM Revenue & Customs (HMRC) is reminding taxpayers of their legal responsibilities.

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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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Living wage increase “four times rate of inflation”

The National Minimum and Living Wage will increase from 01 April 2020, the Government has confirmed.

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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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HMRC winding up petitions reach four year high

According to the latest official figures, the number of companies that were wound up last year following intervention from HM Revenue & Customs (HMRC) reached the highest level for four years.

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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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