January 30, 2014
The Ten Million Barrier for self-assessment tax returns is set to be beaten this year for the first time.
The ten million barrier is set to be broken for self-assessment tax returns, as HM Revenue & Customs confirmed it had already received 7.8 million submissions to date, with a...
January 22, 2014
Avoid the Self Assessment late filing and payment penalties
If you still haven't sent your HM Revenue & Customers tax return for the year to 5 April 2013 you could incur payment penalties. If you are sending online you...
December 19, 2013
Accountants of today provide essential support for SMEs
After long periods of unstable and difficult credit conditions for the SME sector, the Federation of Small Businesses released data to show an increase in SME confidence and optimism about...
December 11, 2013
Businesses in demand for IT
Businesses in demand for IT skilled contractors on a temporary basis have hit its highest in nearly 3 years. November 2013 proved the most optimistic four-week period for IT contractors...
November 21, 2013
Today marks the UKs 5th National Freelancers Day (NFD)!
Thursday, 21st of November is an occasion which raises the profile of freelancers, helping to bring freelancing to the forefront of Government and industry thinking and to reflect on the...
November 20, 2013
SMALL BUSINESSES are confident about growth, according to a survey of 750 SMEs by Baker Tilly
Turnover will increase during 2014, according to three-quarters of respondents, with 45% ‘confident' or ‘extremely confident' about growth opportunities during the period. However, only 18% are looking to take on...
November 19, 2013
UK SMEs’ financial systems losing £3.7bn unnecessarily
POOR FINANCIAL MANAGEMENT SYSTEMS are seeing UK SMEs collectively losing billions, a survey of 450 small- and medium-sized companies has shown. A fifth of SMEs admit to having forgotten to...
September 25, 2013
Tax cases double in four years
Record number of tax clashes set for litigation has led to doubled outstanding cases over last four years. In 2012/2013, there were around 27,000 unresolved first tier tribunal cases. It...
SME tax investigations nets HMRC £565m in past year
According to UHY Hacker Young, tax yield derived of HMRC investigation into the affairs of SMEs rose by 31% over last year. In 2012/13, compliance investigations into small and medium...