The true result of Brexit is yet to be seen, but one thing is for certain, when Article 50 is triggered almost every aspect of economic life will change. Trading relationships will alter and the Government will have complete control over UK taxation. Currently, VAT (Value Added
Read more →Paying your taxes is set to become far less burdensome for British businesses, with HMRC’s plans to bring the current tax system into the 21st century. Described as a ‘digital revolution’ to cut red tape for SMEs, the Making Tax Digital programme will benefit millions of businesses.
Read more →Having positive relationships with clients, customers and especially staff is the secret to success of any business. Unfortunately, it’s almost impossible for an organisation to go through its life cycle without incurring any workplace differences or disputes. From time to time conflicts arise and whilst those may
Read more →Cyber security has been at the top of the boardroom agenda for a while. As a result, many businesses have efficiently installed the latest email security and anti-virus software to keep cyber criminals at a bay. However, despite increased efforts, in the last year UK businesses reported
Read more →Having a handle on your finances is vital to ensuring your business can grow and blossom. Yet smaller firms, with limited in-house resource, know all too well how this can take time away from your customers. Thankfully, accountancy is going through a huge transition, fuelled by advancements
Read more →A growing digital divide is holding businesses back, according to new research from the Confederation of British Industry (CBI). Just over half (55 per cent) of firms openly adopt and evolve through the use of digital technology, whilst the remaining 45 per cent fall behind. Despite the
Read more →Since 6 April 2016, higher rate capital gains have been charged at 20 per cent, down from 28 per cent and basic rate gains have a 10 per cent levy, down from 18 per cent. Capital Gains Tax is applied on the profit you make when an
Read more →The Government has introduced a plethora of measures since 2013 to discourage high value UK residential properties from being held indirectly, e.g. through a company, in order to minimise or avoid tax. As of 1 April 2016, the lower valuation limit fell to £500,000, meaning more residential
Read more →Thousands of businesses were left without power and faced untold damage to property and infrastructure after Storm Desmond breached flood defences and inundated large swathes of the north of England in December 2015. Combine this with the growing number of firms, large and small, that are being
Read more →National Insurance has undergone a plethora of changes in recent years that have kept employers on their toes. Businesses that employ apprentices saw a change in the law back in April 2015 when the Government introduced a zero per cent rate of Secondary National Insurance Contributions (NIC)
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