New research has found that small businesses in the UK paid a record high of £32.4bn in corporation tax last year, an 8 per cent rise on the £30bn paid the year before.
According to new research from Barclays, regions of the UK that perform strongly for entrepreneurial activity also score highly for prosperity, with every region more prosperous than it was last year.
Thousands of small schools across the country are struggling to meet the costs of providing free school meals, a report says.
Recent research has found that the UK’s small and medium-sized enterprises (SMEs) wrote off a combined £5.8bn last year, and averaged over £31,000 per bad debt.
Prime Minister Theresa May has countered a warning by the Swedish Prime Minister that there could be an EU “tax war” if the rate of corporation tax is lowered with the assertion that the UK has to the right to set its own tax rates.
According to recent research, the UK is consolidating its position as a hub for international entrepreneurs, with more than 170,000 non-UK nationals having registered businesses at Companies House in 2015, a 160 per cent increase since 2010.
Struggling schools that have been ordered to become academies are having major difficulties finding sponsors, a report reveals.
Business taxes are in the news this week, with the launch of HMRC’s Making Tax Digital process and the lobby of businesses, from convenience stores to vending machine operators, joining forces to urge the Government to rethink its proposed tax on the soft drinks industry.
Facebook has launched a social media tool to allow new businesses to broadcast their message to the “largest audience in the world” by allowing them to live stream from the phone straight to their Facebook audience.
The Department for Education (DfE) has given its wholly-owned subsidiary £2 billion to deliver 500 new schools by 2020.