Eligibility restrictions for small businesses – Enterprise Finance Guarantee scheme

Posted on 23 Mar, 2020

The Enterprise Finance Guarantee (EFG) supports small businesses by providing finance to smaller businesses that cannot obtain finance from their lender because of insufficient security. The British Business Bank has now announced that a number of eligibility restrictions are in

IR35 delayed for a year because of coronavirus

Posted on 18 Mar, 2020

The Government has announced that the IR35 tax reforms which were due to be implemented on 6 April 2020 have been delayed for a year because of the ongoing coronavirus outbreak.

Are you ready for Capital Gains Tax changes?

Posted on 17 Mar, 2020

HM Revenue & Customs (HMRC) has warned homeowners to prepare for new Capital Gains Tax (CGT) rules, which will see vendors given just 30 days to report and pay tax on investment properties.

HMRC to go “paperless” from April

Posted on 16 Mar, 2020

HM Revenue & Customs (HMRC) will now automatically assume that taxpayers wish to file their annual return digitally as part of “substantial paper-saving measures”.

Family businesses: will the Budget change to entrepreneurs’ relief affect you?

Posted on 13 Mar, 2020

Many family-owned businesses will be affected by the reduction of the entrepreneurs’ relief, which was announced in the Budget this week.

Four in 10 high street businesses rely on business rates relief for survival, study reveals

Posted on 10 Mar, 2020

Almost four in 10 high street businesses could not survive without business rates relief, a major study has revealed.

British food and drink exports rocket as UK sets out vision for independent trade

Posted on 9 Mar, 2020

The thriving British food and drink sector has been boosted by rising demand from non-EU markets, including the USA and Japan, it has been revealed.

Small businesses are eager to lead the improvement of high streets

Posted on 6 Mar, 2020

The Federation of Small Businesses (FSB) has reported that many small high street businesses are calling upon their local authorities to directly support and give them their right to help develop high streets. Whilst central government action and support is

Are you familiar with the upcoming changes to the payroll rules?

Posted on 5 Mar, 2020

From 6 April 2020, there will be significant payroll updates which could impact how much you pay your employees and how you deal with national insurance and tax.

Business owners to lose £15,000 each should Government scrap Entrepreneurs’ Relief, says FSB

Posted on 5 Mar, 2020

The Federation of Small Businesses (FSB) has called on the Government to reconsider plans to “scrap” Entrepreneurs’ Relief – arguing it would “destroy retirement” for business owners.