As Paul Goodman, chairman of the National Association of Commercial Finance Brokers, told Real Business: “A hung Parliament was the last thing the UK needed, but that’s exactly what it got” – and it’s caused uncertainty around tax policies.
It’s happened again, Britain has a hung parliament. Small business expert Carl Reader explains what the result of this general election might be for SMEs.
For the government to meet our demands for better healthcare and education, it first has to earn revenue from somewhere. So it pays to know the difference between tax and duty, its primary sources.
Owning and running a business can be unrelenting, the Christmas rush and January sales are closely followed by Valentine’s Day and before too long tax returns and planning for the upcoming 2017/18 financial year.
Real Business takes a brief look at how Making Tax Digital came to be – and why such a “revolutionary” scheme was scrapped from the Finance Bill.
With these five tips, you can take the stress out of managing your business’ finances all year round, from forecasting and budgeting through to balancing your accounts.
Today the chancellor Philip Hammond announced the Autumn Statement and unveiled a range of tax reforms and investments. Here’s what businesses had to say about the statement.
The National Living Wage will increase from £7.20 to £7.50 from April next year, representing a pay rise of around £500 to a full-time worker.
The government is set to implement a new diverted profits restriction tackling tax relief for corporate interest expenses and “reform the way that relief is provided for historic losses”, according to chancellor Philip Hammond.
It’s hard to escape news of the Uber employment tribunal ruling, where a long-awaited decision on the status of two taxi-drivers working for the company found its conclusion. This really is the employment law case of the year. But why?
The high net worth tax affairs of 6,500 Brits are being examined by HMRC – and it’s raking in millions because of it.
20 entities in different parts of the world and all running different systems will typically take minutes rather than days to complete their group reporting using Cloud CFO