Business news

Just eight per cent of business loan applications successful with one high street bank - 2 October 2018

On average, less than one in 10 SME loan applications to one nameless high street bank are successful. The figures were released by SME funding platform, Code Investing, whose CEO, Ayan Mitra, said: “Due to regulation, due to banks having

Employment claims from contractors brought within IR35 expected after HMRC settlement - 2 October 2018

A freelance marketing and business development consultant has reached a settlement with HM Revenue & Customs (HMRC) after arguing that she should be entitled to holiday pay as she was considered to be a worker for tax purposes. Susan Winchester

Budget date 2018 announced, with half the usual notice - 2 October 2018

The Chancellor has announced that the 2018 Budget will take place on Monday 29 October 2018, having given just half the usual 10 weeks’ notice of the date. The Autumn Budget, which took place for the first time last year,

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