Ahead of a potential no-deal Brexit, the Government has announced that it will start automatically enrolling UK firms in the customs system.
Business
CIOT urges HMRC to delay VAT reverse charge for the construction industry
The Chartered Institute of Taxation (CIOT) is urging HM Revenue & Customs (HMRC) to delay the introduction of the VAT reverse charge for the construction industry.
Half of UK SMEs are struggling with cash flow
According to the latest industry research, 2.5 million (44 per cent) UK small and medium-sized enterprises (SMEs) are struggling with cash flow as they prepare for Brexit.
Late payments causing businesses more problems than last year
According to the latest research from the Independent Chartered Accountants of England and Wales (ICAEW), late payments are more of a problem for businesses than they were last year.
Burgeoning costs of employment forcing small businesses to cut back on investment
The rising legal minimum wage is forcing small businesses to cut back on investment and reduce headcount, a new study has revealed.
Thousands of businesses struggling to get to grips with MTD
According to the latest industry research, thousands of businesses are struggling to get to grips with Making Tax Digital (MTD).
High Street sales continue to fall in December as retailers faced worst sales on record
For the sixth year in a row, sales have fallen on Britain’s high streets in December.
UK retail figures jump in November following sales boost
The latest figures from the Office for National Statistics (ONS) have shown that retail sales have increased at a much faster rate than anticipated.
SME decision-makers are ‘wasting two days a week’ on administrative processes
A new study published this week reveals that UK small businesses bosses and decision-makers are ‘wasting’ anywhere up to two full days every week managing workplace processes and administrative procedures.
UK exports jump in 2018, figures reveal
The number of businesses exporting goods in the UK has increased to 110,000, new figures reveal.