One in five workers looking to start a business in 2020

16 Jan 2020

According to new research by accounting software provider FreeAgent, one in five (22 per cent) UK employees plan to become their own boss during 2020.

Read more...



Small businesses “do not trust” Open Banking software

13 Jan 2020

Open Banking legislation has done little to increase competition or reduce costs in the payments market, a major report has revealed.

Read more...



File tax return now to avoid “unnecessary penalties”, says HMRC

9 Jan 2020

With less than one month to go until the Self Assessment deadline, HM Revenue & Customs (HMRC) is reminding taxpayers of their legal responsibilities.

Read more...



Living wage increase “four times rate of inflation”

6 Jan 2020

The National Minimum and Living Wage will increase from 01 April 2020, the Government has confirmed.

Read more...



HMRC winding up petitions reach four year high

2 Jan 2020

According to the latest official figures, the number of companies that were wound up last year following intervention from HM Revenue & Customs (HMRC) reached the highest level for four years.

Read more...



SME Health Check shows positive signs in the third-quarter of 2019

23 Dec 2019

The latest small and medium-sized enterprise (SME) Health Check Index has shown recovery from the second quarter of 2019, with business confidence increasing.

Read more...



Businesses urge Government to negotiate post Brexit trade deals

19 Dec 2019

Businesses are urging Prime Minister Boris Johnson to begin negotiations on the terms of the UK’s future relationships with the European Union (EU) after Brexit.

Read more...



A quarter of SMEs fear they will go bust within five years

12 Dec 2019

According to research from accounting software platform Xero, a quarter of small business owners believe their company will go bust within the next five years.

Read more...



Late payments are significantly affecting UK SMEs

9 Dec 2019

According to MarketFinance Business Insights, small and medium-sized enterprises (SMEs) are experiencing greater delays in receiving payments, with the average length of time doubling from 12 days to 23 days over the past year.

Read more...



VAT receipts rise to record £133 billion

2 Dec 2019

The amount of VAT collected in the last 12 months has risen to a record £133 billion, with a significant contribution from the retail and wholesale sectors.

Read more...