
Five ways small businesses can improve payroll efficiency
National Payroll Week is a fitting moment to look again at how payroll actually runs in your business.

National Payroll Week is a fitting moment to look again at how payroll actually runs in your business.

HMRC sent over 65,000 warning letters to cryptocurrency investors over the last year due to a suspected underpayment of tax.

The first quarterly filing deadline for MTD for Income Tax passed on 7 August, with 864,000 sole traders and landlords earning over £50,000 a year set to have signed up and completed the filing.

AI is something that we cannot escape, as it is built into nearly everything that people use on a day-to-day basis.

It has been estimated by the Small Business Commissioner that late payments are causing 14,000 businesses to close each year. That is equivalent to 38 businesses a day!

Late-paying customers are one of the biggest causes of cash flow problems for SMEs.

Nobody wants to pay more tax than they need to. For SMEs, paying the right amount of tax has become more important than ever.

While profit can be seen as the main indicator of business health, the importance of cash flow is often overlooked.

15 July marks World Youth Skills Day, which is a day to celebrate the importance of equipping young people with the skills they need for employment and entrepreneurship.

HMRC is currently consulting on proposals that could make Direct Debit the mandatory payment method for VAT and PAYE liabilities – a move that would affect millions of UK businesses.