UK exports up by 5.2 per cent

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

Thomas Coombs opens its doors to two new starters

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.

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Time is running out to prepare for MTD, says accounting regulator

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

Small businesses dependent on fair Brexit deal, says FSB

A no-deal Brexit will be “dangerous and damaging” for small businesses, the Federation of Small Businesses (FSB) has warned. Read more

HMRC collects additional £5.47 billion in extra tax through fraud investigations

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 small business legislation will create greater access to funding

Proposed new legislation will void contractual restrictions placed on small businesses by larger organisations helping them to gain access to invoice finance. Read more

Plan could save British high street, says FSB

A freeze on business rates and increased access to funding would help save the British high street, a business body has said. Read more

Yorkshire accountancy firm warns businesses to prepare for Making Tax Digital before it’s too late

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

Female-led SMEs less likely to run into financial difficulties, study finds

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

Halt tourism tax, says UK’s hospitality body

A trade body has urged the Government to abandon plans to introduce a tourist tax on the hospitality sector, saying the measure will have a “damaging effect” on the industry. Read more