Small UK business owners are in their worst financial health since 2014, as a triple threat of rising bills, falling skills and lack of investment costs them billions of pounds in lost sales. more»
HMRC has intensified its crackdown on unpaid business taxes, as new research reveals a five-year high in winding up petitions issued to owners of small firms. more»
HMRC has been hit with accusations of “blatant hypocrisy” after it dropped a contract with a small UK cloud supplier to seal a new deal with online giant Amazon, putting the company out of business. more»
In his closing speech at the Labour Party Conference in Brighton, party leader Jeremy Corbyn outlined his vision for a modern industrial strategy that would drive economic growth and job creation in Britain. But does Corbyn’s Labour vision mean for small business? more»
Small business owners have been urged to improve their record keeping, as a new report reveals HMRC has tightened its grip on tax avoidance by increasing investigations into the UK's smallest firms. more»
The Two Step Verification (2SV) procedure is a new HMRC online security measure that is similar to those used in online banking and is intended to reduce the risk of online tax accounts being hacked. more»
Only a third of small UK business owners believe HMRC applies penalties and sanctions equally on those breaking the law, as new survey findings suggest the tax office is failing to demonstrate tax fairness. more»
Both leading political parties have made an effort to court the small business vote, so startup expert Carl Reader looks at what has been pledged by each. more»
At a glance, the difference between a sole trader and a limited company is that the latter is its own legal entity, and the liability of owners or shareholders is therefore limited as a result. more»
Gary Lynch, CEO of GS1 UK, unpicks the 2017 election manifestos from Britain’s three main political parties to find out what the trading outlook could look like for small business owners after 8 June. more»
