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Monthly Archives: July 2019

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SMEs unaware of £1 million tax break

Posted on July 30, 2019 by Accountants in London
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Recent research suggests that only a small percentage of the UK’s small and medium-sized enterprises (SMEs) plan to increase investment this year, and many businesses are potentially missing out on a major Government tax break that enables them to invest up to £1 million in plant and machinery while reducing their tax bills. Continue reading →

Posted in Paras Shah | Leave a reply

Government borrowing hits four-year high

Posted on July 24, 2019 by Accountants in London
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According to the Office for National Statistics (ONS), this June, the UK took its borrowing figure to the highest amount since June 2015, and £3.8 billion more than at the same time in 2018, as it swelled to £7.2 billion. Continue reading →

Posted in Blog, Darren Specterman | Leave a reply

Return of Crown Preference will impact on SME borrowing

Posted on July 23, 2019 by Accountants in London
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Critics claim that the return of the Crown Preference policy – whereby HM Revenue & Customs (HMRC) will be given priority in insolvency cases – is a bad idea and will impact on the ability of small businesses to get credit. Continue reading →

Posted in Paras Shah | Leave a reply

Workload Reduction Toolkit saving schools money, research suggests

Posted on July 22, 2019 by Accountants in London
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Thousands of teachers and school leaders have reported a reduced workload after the launch of the Workload Reduction Toolkit, the Government has revealed. Continue reading →

Posted in Blog, Philippe Herszaft | Leave a reply

Record fundraising year for UK start-ups

Posted on July 22, 2019 by Accountants in London
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According to recent research, the UK’s start-up and scale-up businesses raised £4.5 billion over 889 deals in the first half of 2019, which is 15 per cent more money than in any equivalent period before. Continue reading →

Posted in Russell Black | Leave a reply

Peer calls for business tax reform

Posted on July 17, 2019 by Accountants in London
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Former Treasury Minister Baroness Neville-Rolfe has described the UK’s tax system as “creaking under the weight of its complexity”, with “hundreds of complications” doubling the number of words in the tax code. Continue reading →

Posted in Darren Specterman | Leave a reply

Businesses encouraged to digitise finance management

Posted on July 16, 2019 by Accountants in London
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Recent research suggests that a significant number of small business owners in the UK still manually write down expenses and keep receipts in a bag to manage their finances. Continue reading →

Posted in Paras Shah | Leave a reply

Majority of venture capital investment spent on larger scale-ups

Posted on July 16, 2019 by Accountants in London
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Recent research has found that, since 2017, larger scale-ups have received the majority of venture capital investment, with investors placing bigger bets on fewer businesses. Continue reading →

Posted in Russell Black | Leave a reply

New guidance to help academy trusts set “justified” executive pay

Posted on July 12, 2019 by Accountants in London
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The pay of top-level academy trust executives should be “fair, proportionate and justified”, the Department for Education (DfE) has said. Continue reading →

Posted in Philippe Herszaft | Leave a reply

All you need to know about the new Academies Financial Handbook

Posted on July 5, 2019 by Accountants in London
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The Academies Financial Handbook has been updated after the education regulator wrote to 213 academy trusts in the last 18 months about concerns over excessive pay. Continue reading →

Posted in Blog, Philippe Herszaft | Leave a reply

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