A new report from insolvency trade body R3 has revealed the damage done to small firms by customers making late payments for goods and services.

Almost half of Britain’s business owners do not think Brexit will have an impact on their company, according to a new study from delivery service CitySprint.

In August HM Revenue & Customs (HMRC) issued the first wave of consultation documents on its Making Tax Digital (MTD) initiative.

The previous Chancellor announced at the Budget in March 2016 that the government would consider restricting the range of Benefits in Kind (BiKs) that are exempt from Income Tax and National Insurance.

As part of a raft of recently launched consultations, the government has unveiled its latest plans for the changes to non-dom status announced by the previous Chancellor in his 2015 Budget.