Business news

What happens if I don’t have management accounts? - 19 September 2018

Successful businesses are only as strong as their strategies. Monthly management accounts can provide a business with a detailed breakdown of exactly how their organisation is performing – enabling them to set targets, foresee problems and shape a perfect business

Property investments once again hit by new tax rules - 19 September 2018

In the last few years the property sector has been hit by a number of new tax rules, but now there are two new things on the horizon that landlords must consider. Rent-a-Room Scheme The current Rent-a-Room scheme offers people

HMRC releases new advisory fuel rates for company car users - 19 September 2018

With the price of fuel going up, employees and businesses will welcome new changes to the fuel advisory rates, which from 1 September 2018 have slightly increased on the previous quarter for some vehicles. Advisory fuel rates from 1 September

One in ten small businesses are concerned about business failure - 19 September 2018

A new study has revealed that in the last three months the number of SMEs predicting they could close has doubled from five per cent to 10 per cent. Produced by Hitachi Capital Business Finance, the report has found that

A quick guide to the new penalties for late MTD filing and payments - 19 September 2018

HM Revenue & Customs (HMRC) has announced a pair of penalty systems for late filing and late payment under Making Tax Digital (MTD) for VAT, which is due to come into effect in April 2019. Late filing will attract penalty

Regulator tells banks to stop victim-blaming - 19 September 2018

The increasing sophistication of bank scams means that customers who lose money to such schemes should not automatically be blamed, the Financial Ombudsman Service has said. Caroline Wayman, Chief Ombudsman and Chief Executive of the Financial Ombudsman Service, said: “It’s

Working 9 to 5? It’s an unusual way to make a living - 19 September 2018

The archetypal 9am to 5pm working day might be so ingrained into the psyche of workers across the Western world that Dolly Parton wrote a song about it, but new research has revealed that it is now an unusual way