A new study from the Federation of Small Businesses (FSB) has indicated that the UK’s army of small firms will face a funding shortfall of around £3.6 billion by 2021 as a result of the UK’s withdrawal from the EU.
Can you benefit from capital allowances on your business premises?
If you own your own business premises, you may be entitled to claim capital allowances on some of the costs associated with the ‘intrinsic fabrication’ of the building.
Could you benefit from Tax-Free Childcare?
Last month saw a scheme which has the potential to offer major savings on childcare costs start to be phased in.
HMRC goes “nuclear” in pursuit of unpaid taxes
HM Revenue & Customs (HMRC) issued a record number of court orders to seize company assets in 2016, indicating that the tax office is happy to go after all businesses suspected of tax evasion.
HMRC issuing hefty fines to eBay and Amazon traders who fail to pay tax
Small-scale internet traders, including individuals and businesses who sell goods on websites such as eBay and Amazon, are being hit with ‘tougher penalties’ than larger businesses if they do not declare their income and pay the appropriate tax on their … Continue reading