Under existing plans, hundreds of thousands of businesses will be expected to be fully compliant with Making Tax Digital (MTD) in just a few months’ time.
New figures published by the Office for National Statistics (ONS) in recent days reveal that UK exports have increased by 5.2 per cent year-on-year. Read more
One of the longest established firms of Chartered Accountants in Leeds, Thomas Coombs, has welcomed two new members to its team, as it continues its expansion in the region.
Business owners are wrongly relying on their accountant or tax adviser to help them prepare for Making Tax Digital (MTD), a new study has revealed. Read more
A no-deal Brexit will be “dangerous and damaging” for small businesses, the Federation of Small Businesses (FSB) has warned. Read more
New data unveiled in recent days has revealed that HM Revenue & Customs (HMRC) collected an additional £5.47 billion in tax in 2017/18 as a result of specialist fraud investigations. Read more
Proposed new legislation will void contractual restrictions placed on small businesses by larger organisations helping them to gain access to invoice finance. Read more
A freeze on business rates and increased access to funding would help save the British high street, a business body has said. Read more
Leeds-based accountancy firm Thomas Coombs is reminding businesses that there is less than a year to go before the Government phases in Making Tax Digital (MTD) for VAT. Read more
An interesting new piece of research suggests that small and medium-sized enterprises (SMEs) run by women are less likely to run into financial difficulties than their male-led counterparts. Read more