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SMEs losing customers over failure to accept electronic payments, study suggests - 23 May 2017

A new study suggests that small and medium-sized enterprises (SMEs) that do not accept electronic payments are missing out on more than £1bn in potential sales. The news comes after research from Barclaycard found that around two thirds (65 per

Labour pledges to exclude small businesses from quarterly digital reporting if MTD is reinstated - 22 May 2017

The Labour Party’s manifesto claims that, if elected, the Party would ensure that small businesses with a turnover of £85,000 or less are exempt from quarterly digital reporting requirements under Making Tax Digital (MTD) plans. MTD proposals were abruptly dropped

Just one-third of self-employed feel “in control” of finances, says study - 19 May 2017

Sole traders and micro businesses spend 19 million hours every week managing their finances, according to new research from accountancy software KashFlow. It says 50 per cent of those lack confidence to carry out the task comfortably, while a third

Increasing number of small businesses reliant on gig economy workers - 18 May 2017

A new study suggests that an increasing number of small and medium-sized enterprises (SMEs) are now reliant on so-called ‘gig economy’ workers. As many as one in ten SME decision makers recently told a survey carried out by Zurich that

eBay to force all UK traders to pay VAT - 17 May 2017

eBay traders will be forced to pay VAT on all purchases under new corporate structure rules to be launched later this year. Prompting the move, the online marketplace has been under attack from the Government after it emerged that the

Labour to propose ambitious Income Tax shake-up - 16 May 2017

The Labour Party is set to unveil ambitious Income Tax plans which would see almost one million more British workers pulled into a higher tax bracket. According to reports, the Party has confirmed that it wants to raise an additional

Next Government urged to keep SMEs “front of mind” during EU trade talks - 15 May 2017

Small and medium-sized enterprises (SMEs) should be “front of mind” during all trade negotiations with the European Union (EU), the Federation of Small Businesses (FSB) has said. The comments follow worrying data published in recent weeks regarding Britain’s ‘widening’ trade