Set for midnight on 31 January 2017, the self-assessment tax deadline could bypass micro business owners who regularly use online marketplaces to supplement their income, and who don't realise they need to be paying tax. more»
Small company owners who bank with either RBS or NatWest will gain access to FreeAgent accounting software, that will link directly to their bank account. more»
To assist self-employed and freelance workers getting ready to submit self-assessment tax returns, our tax advisor reveals the ten common tax return mistakes to help small business owners avoid an unwanted visit from HMRC. more»
A treasury select committee of MPs has urged the government to delay the move to digital self-assessment tax returns due to the threat posed to the UK's small businesses. more»
With just 14 days left until this year's self-assessment tax returns deadline on 31 January, business leaders have warned the country's smallest business owners to register in time or risk fines from HMRC. more»
On 25 December last year, a total of 2, 044 business owners in Britain filed self-assessment tax returns a new record and the figure is likely to rise again in 2016. more»
The Christmas holidays are fast approaching, which means that for many small business owners it's time to start thinking about their self-assessment tax return in preparation for the January rush. more»
Labour leader Jeremy Corbyn used his speech at the Labour Party conference to commit his party to providing social security and reforms in taxation for Britain's self-employed workers, highlighting the woeful lack of rights? for those who choose to work for themselves. more»
A word of warning to small businesses, HM Revenue and Customs (HMRC) has published revised guidelines to help people recognise phishing emails and fraudulent activity in their inboxes. more»
Following months of consultation, HMRC confirmed that small and micro firms which don't yet have the means to go digital? as part of the government's new tax system, will not be obliged to submit quarterly reporting. more»
