BoE holds interest rates as businesses cut back on investment ahead of Brexit

Posted in Banking, Banks, Blog, Brexit, Business, Economy, Inflation / Interest Rates, Interest Rates, SMEs, SMEs / Business on March 22, 2019

The Bank of England’s (BoE) Monetary Policy Committee (MPC) has unanimously voted to maintain the UK interest rate at 0.75 per cent amid uncertainty …
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HMRC reveals MTD registration takes seven working days

Posted in Blog, Business, Business Blog, HMRC, Making Tax Digital, MTD, SMEs, SMEs / Business, Tax, Tax Blog, VAT on March 21, 2019

HM Revenue & Customs (HMRC) has warned that registration for Making Tax Digital (MTD) for VAT will take up to seven days to complete and will not be …
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UK electronics sector boasts two thirds of growth in UK industry

Posted in Accountancy, Blog, Business, Business Blog, SMEs / Business on March 20, 2019

According to a new report by Make UK and Santander manufacturing, the UK electronics sector experienced fast rapid growth in 2018.

Many businesses unaware of the criminal offences associated with tax evasion

Posted in Blog, Business Blog, Tax, Tax Blog, Tax News on March 18, 2019

Three-quarters of businesses are unaware of the corporate criminal offences relating to activity which is seen to facilitate tax evasion.

No-deal Brexit: Details published of temporary tariff regime

Posted in Blog, Business, Business Advice, Business Blog on March 15, 2019

The Government has this month published details of the UK’s temporary tariff regime should the UK leave the EU without a deal later this year.

Chancellor wants to tackle late payments in the UK

Posted in Blog, Business Blog, SME, SMEs, SMEs / Business on March 14, 2019

Currently, in the UK, late payments are a serious issue, especially for small medium-sized enterprises (SMEs) who have to chase invoices from large suppliers, …
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Government scheme aids families with childcare costs

Posted in Blog, Tax, Tax Blog on March 13, 2019

HMRC is urging parents to apply for the Tax-Free Childcare scheme, which provides government contribution on savings used to cover childcare costs.

What happens if I have questions about VAT?

Posted in Blog, VAT on March 12, 2019

In the UK, businesses can only charge their customers VAT if their business has been registered for VAT purposes with HM Revenue & Customs (HMRC).

Number of exporting businesses increase ahead of Brexit

Posted in Blog, Brexit, Business, Business Blog, Exports, International, SMEs / Business on March 8, 2019

The number of VAT-registered businesses exporting goods across the UK has increased to 110,800, new figures have revealed.

Government announces consultation for plans to make HMRC a preferential creditor after insolvency

Posted in Blog, Budget, Economy, HMRC, Insolvency on March 7, 2019

The Government has announced details of the first public consultation on its plans to make HM Revenue & Customs (HMRC) a secondary preferential creditor …
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