New laws that ensure businesses selling online pay the right amount in tax, and which make online marketplaces more accountable for VAT fraud, have come into force in the UK.
The Autumn Budget contained numerous announcements, including further investment for training staff and educating pupils. Our November 2017 economic statistics unveil why it couldn’t have come at a better time.
The anticipation was palpable as Philip Hammond made his way to Parliament to deliver his Autumn Budget, but I was left a little flat.
Budget banter is something we’ve grown accustomed to, with the chancellor in question trying to brighten the mood created by economic statistics. So what staged material did Philip Hammond come up with?
The Autumn Budget, chancellor Philip Hammond expressed, went a long way in ensuring peace of mind, with his numerous announcements including an increase in the National Minimum Wage.
According to Phillip Hammond, a new startup is spawned every single hour in the UK. As business owners, we all know that the UK’s 5.5m SMEs are the economic backbone of this country and they play a very significant role in boosting the economy.
With the debut Autumn Budget completed, Real Business has offered a quick and easy read of the event for UK SME leaders in just 500 words.
Half of the fund will be shared by the six areas with elected metro mayors to enable them to deliver local transport priorities.
Philip Hammond insists the UK is on a technological journey, and backed that mantra up with an R&D tax credits and investment increase.
Hoping to bridge the UK’s skills gap, chancellor Philip Hammond announced in his Autumn Budget numerous investments for training staff and educating pupils.
The announcement has been received fairly well, although some commentators have suggested that the chancellor could have done more to ease the pressure on SMEs.
As part of his Autumn Budget, Philip Hammond revealed a ten-year action plan will unlock the scale-up ambitions of high-growth SMEs with a £20bn investment package.