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Small firms feel tax system biased against them

New research from the British Chambers of Commerce (BCC) has found that companies feel that the tax system in the UK is biased towards bigger firms.

This research saw the (more…)

When can I submit my self-assessment?

If you are self-employed or run your own business, you will be required by law to submit a (more…)

Contractors troubled by retrospective loan charge

A report published recently by Contractor UK found that close to 70% of contractors in the UK were (more…)

MPs urge caution over IR35 tax reforms

MPs have issued a warning to the government that it needs to keep a close eye on the upcoming IR35 reforms to the tax system, and how they affect private companies.

These changes were (more…)

How to take cash out of your business

While the prospect of having a surplus of money sitting in your business account is certainly not the worst problem a company can have, deciding what the best option for it is can still be an issue. The chances are that (more…)

Late payment concerns for contractors revealed by research

A new study that sought input from more than three million small businesses in different parts of (more…)

Business property relief – what is it?

The basics

Business property relief is a tax exemption that can be extremely useful to business owners, and yet many people who run their own business remain unaware of what it is and how it can be of financial benefit (more…)

Contractors warned about PSC tax avoidance

Contractors who were hoping to be able to avoid the upcoming disguised remuneration loan charge through the use of a scheme involving a personal service company (PSC) have been warned against this by HMRC. (more…)