82% of businesses want an expansion to Making Tax Digital

3 years ago

Around 82% of mid-sized businesses revealed that Making Tax Digital (MTD) for VAT has convinced them that further digitalisation will…

Autumn Budget 2021: annual investment allowance extended

3 years ago

In the Budget, the Chancellor Rishi Sunak confirmed measures to support business investment with changes to allowances and covid loans…

Companies House received record 11.3m digital filings

3 years ago

Companies House accepted 11.3m digital filings in the last financial year with the words ‘digital filing’ not even mentioned in…

Defaults on business covid loans could reach £22bn

3 years ago

Almost a third of coronavirus business interruption loan scheme (CBILS) and bounce back loan scheme (BBLS) loans, amounting to £22bn,…

How dividend tax rise hits small business owners

3 years ago

The government’s recent announcement that it would increase both the dividend tax and National Insurance by 1.25% has been described…

Accountants are anti money laundering ‘gatekeepers’, says ICAEW

3 years ago

The current anti money laundering (AML) regime’s main objectives fail to capture the important role the accountancy sector plays in…

Fraud in the pandemic

3 years ago

The sheer scale of fraud committed during the pandemic was exacerbated by the limited level of checks when claims were…

September insolvencies 56% higher than last year

3 years ago

The number of company insolvencies in September 2021 sat at 1,446 which is 99 more than recorded in August and…

Tax rises will wipe out wage inflation

3 years ago

Salaries are rising at the fastest rate in 24 years, but wage inflation could lead to millions being less well-off…

A third of UK small businesses highly indebted

3 years ago

According to the Bank of England, a third of UK SMEs are in more than twice as much debt as…