Anyone who runs a small business or is self-employed must file a tax return by 31 January as if they do not meet the deadline they face fines by HM Revenue & Customs (HMRC). For many in this booming age of self-employment, it will be the first time they will have had to submit their…Details
New open banking regulations, which came into effect on 13 January, could bring changes to the sector that could transform financial services and benefit start-ups.
A number of teaching unions have called for an urgent review of teachers and school leaders’ pay to address the ongoing recruitment crisis.
A new survey has found that the top two challenges for start-ups are attracting new customers and accessing finance, with more than a third admitting they could do with marketing support and just under a third saying they found it hard to secure funding.
Despite fears that investment in UK start-ups would decline after the vote to leave the European Union, investment in start-ups is actually higher than it was before the referendum, according to recent research.
UK Communities Secretary Sajid Javid has proposed a draft law to reverse the so-called ‘staircase tax’ that raised the local rates paid by small businesses on their premises.
Inheritance tax (IHT) is payable at 40 per cent on the value of what an individual owns when they die, if the value of the estate is at least £325,000. However, if the individual owns agricultural or business property, then the value of those assets may be relieved from IHT.
A recent study has found that the number of people aged 50 or over in work is rapidly increasing and will make up the majority of the UK’s self-employed workforce within the next seven years.
The UK Space Agency has revealed plans to make the UK a haven for space start-ups from across the globe, as it aims to grow its space industry to control 10 per cent of the global market by 2030.
Recent research has found that member firms of the 100 Group, known to be the UK’s largest businesses, employed a total of more than 2 million people in 2017 and contributed a record £82.9 billion in taxes, accounting for 13 per cent of the UK’s total tax receipts.