Business news

Chasing outstanding debts from an individual or sole trader? The process has changed - 5 December 2017

Outstanding payments can be a major headache for SMEs as they can have a significant effect on cashflow and seeking payment can take up time that would be better spent on running the business. In fact, according to Bacs, the

Chancellor fails to deliver on Office for Tax Simplification’s VAT simplification recommendations - 5 December 2017

The Office for Tax Simplification (OTS) recently published its findings following a review intended to ensure the VAT system remains relevant. On the basis of its findings, the OTS made eight core recommendations: The Government should examine the current approach

The Autumn Budget 2017 - 22 November 2017

When Chancellor Philip Hammond stepped up to the despatch box, he would have been acutely aware of the pressure he was under. Some 24 hours before the Chancellor was due to open his famous red box, the Office for National

Leading Bradford accountancy firm welcomes three new additions to the team - 13 November 2017

Forward-thinking Bradford accountancy firm Watson Buckle has welcomed three new additions to its rapidly-expanding team in recent weeks.

HMRC to implement changes to how it is paid - 8 November 2017

HM Revenue & Customs (HMRC) is to change the way that taxpayers and their agents can make payments. From 15 December 2017 and 13 January 2018, the pay at the post office service will be withdrawn and HMRC will no

Over-50s cutting back on essentials to leave inheritance - 8 November 2017

According to new data from Populus, nearly half of people aged over 50 are willing to forgo luxuries in later life to leave a larger inheritance for their children. The study, commissioned by Saga Money, also found that 80 per

Britain’s small business economy is expected to grow nearly a fifth by 2025 - 8 November 2017

The UK’s small business economy is expected to grow by nearly a fifth in total by 2025, but some areas are predicted to grow much quicker than others. The predictions result from a survey by Hampshire Bank Trust and the