A temporary easing of the Real Time Information payroll reporting requirements for ‘micro employers’ has been extended.
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Small Business News
As part of its recently launched ‘Digital Strategy’, HMRC plans to upgrade its Self Assessment arm to make all communications with taxpayers paperless in the near future.
The Chancellor delivered his Autumn Statement today. Here, we have summarised the main points, as they relate to business owners.
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With the Autumn Statement set for Thursday 5th December, what business-related changes do industry experts expect the Chancellor to announce?
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HMRC has decided to withhold information relating to the status of IR35 enquiries opened during the last tax year, following a request made by a leading contractor site.
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As the number of news stories reporting the posting of ‘unfortunate’ messages on Twitter and Facebook increases all the time, a solicitor has urged companies to be careful when using social media, to avoid reputational damage to their own businesses – or to their clients.
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A charity says that the self-employed are particularly saddled with high levels of debt, typically owing £10,000 more than the average individual seeking help.
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New data shows that requests to join the Government’s National Insurance holiday scheme have reached an all-time low; a leading accountant says that the scheme has been poorly promoted.
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The Chancellor delivered some good news for small companies in today’s Budget, although his ability to announce any significant cheer to the UK’s firms was understandably limited by the dire state of the public finances.
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Just 18 days before the most significant changes ever made to the PAYE system go live, HMRC has given in to pressure and given smaller employers (those with 50 employees or less) a further six months before they have to fully comply with the forthcoming Real Time Information (RTI) changes.
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Following a surge in popularity for ‘alternative’ funding methods for small companies, a new regulatory body has been set up by the UK’s leading crowdfunding businesses.
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A survey carried out by Crunch Accounting has found that only a small minority of UK small companies think that the Coalition’s proposed ‘Business Bank’ is a good idea.
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The Government has announced that dozens of regulations which relate to company and commercial law are to be scrapped or simplified, including simpler limited company naming rules.
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A leading figure in the interim management industry says that Roman Abramovic was wrong to call Rafa Benitez his ‘interim manager’ at Chelsea.
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A survey carried out by contractors group PCG, shows that “the jury is still out” over the impact any changes to the UK’s membership of the EU would have on freelancers. [NP4K5VVGS7WA]
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A recent survey of interim executives found that the vast majority of senior managers believe that the Government should focus on creating growth in the UK economy rather than concentrating on cost-cutting measures.
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The latest Russam GMS survey shows that the demand for interim managers rose 3% last year, in spite of a flatlining economy.
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The Law Society has warned that the Chancellor’s plans for new employee-shareholder contracts (‘shares for rights’) could actually cause more red tape rather than less, especially for small company owners, and should be deleted from the Growth and Infrastructure Bill.
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Contractor UK, a leading industry news site, has revealed the results of its annual readers’ survey, including the best contractor accountant award.
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The latest figures from the IMA show that public sector interim management projects now account for over two thirds of all assignments – the highest level since before the credit crunch.
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