Latest News & Events
UK SMEs ‘exploring new sources of finance’, research finds April 24, 2019
Research carried out by American Express has found that, as access to finance becomes ‘increasingly difficult to secure’, UK small and medium-sized enterprises (SMEs) are ‘exploring new sources of finance’ instead. According to the research, almost one third of UK SMEs find it ‘difficult’ to access finance. As a result, many are shunning traditional finance
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Study suggests UK employees ‘work longest hours in EU’ April 24, 2019
A study carried out by the Trades Union Congress (TUC) has suggested that UK employees ‘work the longest hours in the EU’. According to the study, full-time employees in the UK worked an average of 42 hours per week in 2018. Employees in countries such as Ireland, Italy, France and Belgium worked an average of
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Business believes UK tax system is ‘fundamentally unfair’, research suggests April 24, 2019
According to research published by the British Chambers of Commerce (BCC), businesses believe that the UK tax system is ‘fundamentally unfair’. The BCC polled more than 1,000 businesses, and found that 58% of firms believe that the tax system is ‘unfair to businesses like theirs’. 67% of firms ‘don’t believe HMRC applies tax rules fairly
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Survey reveals businesses ‘investing significantly in tax technology’ April 17, 2019
A survey carried out by Thomson Reuters has revealed that businesses are investing significant amounts in new tax technology, such as Making Tax Digital (MTD) software. The survey, which was put to 438 tax teams, revealed that 98% of respondents intend to invest in tax technology in the next 12 months. 28% intend to increase
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Experts urge government to simplify Apprenticeship Levy April 17, 2019
Experts have called for the government to ‘simplify’ the Apprenticeship Levy amidst claims that it has ‘complicated learning and development’. A survey of UK firms conducted by the Managing Partners’ Forum suggested that the number of apprentices ‘would be boosted’ if the Apprenticeship Levy rules were simplified. 32% of businesses polled stated that the Apprenticeship
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