An airline has been placed into liquidation after failing to keep sufficient business records to identify whether payments were genuine company expenditure.
Business groups such as the Federation of Small Businesses (FSB) have urged Chancellor Philip Hammond to emphasise that the “UK is open for business” in this year’s Autumn Statement, which is due on 22 November.
Reports suggest that HM Revenue & Customs (HMRC) is being inundated with queries about Stamp Duty Land Tax (SDLT) – and is failing to reply to customers within an adequate timeframe.
A cyber security expert has warned about a new breed of “phishing” emails, designed to trick taxpayers into downloading malicious software.
New research suggests that the UK could benefit from £630 billion, if Artificial Intelligence (AI) is supported and backed by the Government.
The Federation of Small Businesses (FSB) and the Confederation of British Industry (CBI) have called on Chancellor Philip Hammond to support Britain’s small and medium-sized enterprises (SMEs) in the upcoming Autumn Budget announcements.
According to the Centre for Entrepreneurs (CfE), a record number of companies were established in the UK last year and it looks as though the record will be broken again this year.
Banks will crackdown on unsecured lending to households – amid concerns that the consumer debt crisis is spiralling out of control.
The International Monetary Fund (IMF) has revealed that some “rich countries” could, in theory, raise income taxes without harming economic performance.
A new study suggests contributions from Small and Medium-sized Enterprises (SMEs) in the UK’s top ten cities will grow by an average of 19 per cent.