Tag

Tax

Articles, news and guides on tax issues for UK small businesses.

News

Government ‘must bear the costs’ of new SME tax obligations

The Association of Taxation Technicians (ATT) has called on the government to take primary responsibility for assisting businesses to meet their new obligations under HMRC’s Making Tax Digital (MTD) programme.

News

Tax cuts prevented government from balancing the books

Chancellor should use Autumn Statement to rethink tax cuts strategy, halting cuts to corporation tax, according to new analysis.

Accounting

Small businesses feel they’re getting a raw deal on tax

Seven in ten SME owners feel hard done by when it comes to tax, a study finds.

Accounting

How one business owner was hit hard by a tax inspection

Here, we tell the cautionary tale of a business owner who was the victim of an unfavourable visit from the taxman.

News

OTS aims to reduce tax stress

Recommendations to ease tax system burdens imposed on small businesses have been published by the Office of Tax Simplification.

News

Stamp duty land tax could hit unwary SMEs

Businesses have been warned to finalise quickly any purchase of more expensive properties or face an increased stamp duty land tax (SDLT).

Business Ideas & Planning

Offsetting losses against tax when starting a business

I'm starting a business, can I offset my losses against tax?

News

Tax return scam warning

Just weeks before the deadline for filing tax returns, fraudsters are targeting individuals with scam emails.

News

Tax third-biggest expense for SMEs

Cash-strapped SMEs are spending a significant proportion of expenditure on taxation, research by debt protection group Creditsafe reveals.

News

Tax system ‘can be more difficult for the self-employed’

Self-employed businesspeople should be especially careful about their financial affairs, according the Chartered Institute of Taxation (CIOT).

News

FSB slams family tax

The Federation of Small Businesses (FSB) has attacked HM Revenue & Customs (HMRC) in a family tax case heard in the House of Lords.

Tax

Taxman clamps down on dividends

An increasingly tough approach from HM Revenue & Customs (HMRC) means owner-manager shareholders could pay a high price for failing to stick closely to the rules relating to dividend payments.

Business Technology

Future-proof your business communications set-up

Landlines as we know them will be scrapped in 2027 – along with a raft of upcoming business changes. Here's how to ensure your communications set-up is fit for whatever the future brings

Business Loans

A guide to getting a small business loan

Everything you need to know on what small business loans are and what types of loan are available for your business.

Business Technology

Friendly guide – top tips for small businesses switching to VoIP

With the landline shutdown coming fast, there’s never been a better time to switch to VoIP. Don’t let your small business be left behind!

Export & Import

Avoid delays with exports and imports

Many factors can affect products’ journeys from A to B. Here are some tips for best practice for successful shipping in the modern world