Federation of Small Businesses calls for more help for SMEs as financial support winds down

The Federation of Small Businesses (FSB) calls on the Government to offer more economic support to small and medium enterprises (SMEs) as coronavirus-related limits continue and fewer financial packages are being handed out. 

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UK Export Finance records “record” year thanks to success of General Export Facility

UK Export Finance has recorded a “record” year thanks to the success of the General Export Facility (GEF), it has been revealed.

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Leaving your business in capable hands – Succession planning for the next generation

Many individuals who have spent their livelihoods building, running, and maintaining a successful business, often intend to pass on their accomplishments to a family member, close relative or trusted employee.

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Over half of Brits plan to shop with small and local businesses after pandemic, study reveals

Around half of Brits plan to spend their money with small and local businesses in the wake of the coronavirus pandemic, a major study has revealed.

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What are the benefits of running a side business?

With the effects of the coronavirus pandemic leaving many people short on funding, some have turned to side businesses to provide them with extra funds to make up for their financial losses. 

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Make sure to include SEISS grants on your next tax returns

People who enrolled in the Self-Employment Income Support Scheme (SEISS) have been reminded that they must include income from their grants on tax returns to HM Revenue & Customs (HMRC), as it is subject to Income Tax and National Insurance.

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Beware of the HMRC scammers, but ignoring calls can be costly

There are many problems associated with the pandemic, apart from the obvious one of the illness caused by the virus itself. Conmen and scammers have taken advantage of the situation, bombarding people and businesses with bogus claims about tax owed

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Carry back scheme brings welcome relief for business

For many businesses, the pandemic has turned the world on its head, with many who might have expected to be profitable experiencing a loss. Sometimes losses happen simply because the business is very new, or because costs have unexpectedly risen.

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New recommendations in sweeping CGT review

The second part of a sweeping review of Capital Gains Tax (CGT) has been published with 14 key recommendations. In July 2020, the Chancellor asked the Office of Tax Simplification (OTS) to carry out a review, to “identify opportunities relating

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Tax saving strategies for landlords

Putting together an efficient tax strategy should be a no-brainer for buy-to-let landlords seeking to maximise their income. It may not be quite as glamorous as hunting down the perfect property, but when it comes to saving cash, it can

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