A major change in the way VAT is reported comes into force from tomorrow. Every small business that charges VAT will have to file accounts through the HM Revenue & Customs (HMRC) Making Tax Digital (MTD) system.
Brexit leaves shortfall in university-led training projects funding
The Government has been warned that as many as 164 university-led skills and training projects could be halted or axed due to European funding running out by the end of next year – reducing skills and training support for SMEs. The UK Shared Prosperity Fund (UKSPF) will award £2.6 billion of new funding for local investment […]
How can you cope with the cost-of-living crisis?
Many are feeling the impact of the increasing cost of living on their finances, with the inflation rate soaring to a 30 year high of 6.2 per cent in February.
Getting the data right is key to growth in hospitality
Hopes that the temporary VAT cut for hospitality would be extended were dashed in Chancellor Rishi Sunak’s Spring Statement this week.
Tax planning for 2022 – what you need to know
No one wants to pay more tax than they are required to and yet every year hundreds of thousands of taxpayers miss out on opportunities to reduce their tax bill.
Real-time online sanctions tracker to assist importers and exporters
As the war in Ukraine rages, UK SMEs are facing new import and export headaches on top of any problems already being experienced with Brexit.