Category

Tax

The tax section features news and in-depth guides for UK small businesses and start-ups needing support on how to navigate the sometimes complex landscape of business taxation. The articles offer help with VAT, R&D tax reliefs, tax planning, compliance with tax regulations, and engaging in tax-efficient practices.

Just when you thought it couldn’t get worse, business rates return in April

Government stays silent on whether retail and hospitality business rates holiday will be extended, as 170,000 businesses appeal against rates

Tax

News

MPs to fight Sunak over move to hike national insurance for self-employed

Tory backbenchers decry plans to hike self-employed national insurance from 9 per cent to 12 per cent

Tax

Rishi Sunak weighs increasing corporation tax to 24%

Business groups dismayed by Treasury move to hit small business with 5% corporation tax increase to help repay Covid debt

News

As predicted, Amazon passes on 2% sales tax onto small businesses

Amazon tells small businesses selling through its platform that it is increasing its fees by 2 per cent to cover cost of Government digital sales tax

Tax

Small businesses may have to pay 2% online sales tax

Rishi Sunak considering tax on online sales to help high street as part of wider review into business rates reform

Sole trader

IR35 freelance tax changes will go ahead in April 2021 – are you ready?

MPs vote through IR35 tax reform, bringing thousands of freelance contractors within PAYE for the first time

Tax

Coronavirus: how do I defer my next VAT payment?

Alison Horner of MHA MacIntyre Hudson goes over what you need to do to defer your next VAT payment because of coronavirus difficulties

Tax

Don’t scrap entrepreneurs’ relief, argue small firms

Small business asks chancellor Rishi Sunak to not go back on Tory election pledge to reform, not scrap entrepreneurs’ relief

Tax

Coronavirus: how do I defer my next VAT payment?

Alison Horner of MHA MacIntyre Hudson goes over what you need to do to defer your next VAT payment because of coronavirus difficulties

Tax

Don’t scrap entrepreneurs’ relief, argue small firms

Small business asks chancellor Rishi Sunak to not go back on Tory election pledge to reform, not scrap entrepreneurs’ relief

Tax

Taxman will not fine you for getting things wrong with IR35 within first year

But fines will be imposed on freelance contractors from April 2021 as Treasury cracks down on willful deception

Tax

Rishi Sunak blinks, says HMRC will ‘go soft’ on IR35 changes in year one

Chancellor Rishi Sunak seeks to reassure freelancers that HMRC will not be “heavy handed” when new IR35 rules come into effect on 6 April

Tax

Chancellor Rishi Sunak may scrap business rates in favour of a land tax

Chancellor to announce review of business rates in budget, mulls scrapping them in favour of landlords paying tax on land value

Tax

Amazon warns small business will pay price for Digital Services Tax

Internet giant could pass cost of 2% digital tax imposed by Conservative government onto small business, just as it has done in France

Partner content

Why you need a business bank account

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Partner content

5 things every small business owner needs to know before starting

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Business management

How to create good cashflow habits

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Business Technology

How to keep your small business safe online

Here's how Security Service Edge from Vodafone can help to protect your SME from ever-increasing cyber threats