Total value of UK exports reach “record high” despite global headwinds
The total value of UK goods and services exports increased by four per cent in 2019, a new report has revealed.
The total value of UK goods and services exports increased by four per cent in 2019, a new report has revealed.
According to the latest research, managing travel costs and business expenses are the two biggest headaches for businesses in the UK.
At present, when someone dies within seven years of passing on money, property or possessions to loved ones, tax of up to 40 per cent must be paid.
More than seven in 10 small businesses have held back on investment while Brexit uncertainty continues to loom overhead, a new study has revealed.
According to new data obtained via a freedom of information request, financial services firms reported 819 cyber incidents to the Financial Conduct Authority (FCA) during 2018.
Entrepreneurs’ Relief (ER) entitles a business owner to significant relief from Capital Gains Tax (CGT) on the disposal of their business, often halving the consequent tax bill. To qualify for ER, the company must normally have been the business owner’s personal company for the whole of the last two years and they must have been …
Incorporation no longer automatically resets the two year requirement for sole traders Read More »
Businesses across the UK are being reminded that, if they process personal data, they are subject to a legal requirement to pay the Information Commissioner’s Office (ICO) an annual data protection charge, unless they have a relevant exemption. Any businesses that fail to pay the correct charge are at risk of a fine of up …
Remember to pay the annual data protection charge Read More »
Research by law firm, Pinsent Masons, has found that more than 150 chief financial officers and other senior finance executives have been fined personally by HM Revenue & Customs (HMRC) in relation to tax accounting issues during the last financial year. This is an increase of 22 per cent on the previous year when 125 …
New research has found that the total value of UK SMEs has reached more than £3 trillion – with the average small business now worth £2.9 million. The study by MarketInvoice found company valuation is something that two-thirds of owners consider a top priority and something they think about all the time. Business owners cited …
Businesses across the UK are being encouraged to increase their readiness for a no-deal Brexit. The Institute of Directors (IoD) said that, while all firms should be preparing for a no-deal Brexit, it had found that fewer than half of businesses had plans in place. The IoD has also called on the Government to make …
Businesses encouraged to increase readiness for no-deal Brexit Read More »