Clemence Hoar Cummings Blog

HMRC clamp down on late payments by seizing assets from businesses’

Posted in Blog, Business Blog, HMRC | Posted on 15 Oct, 2018

Recently, there has been a sharp increase in tax inspectors taking control of goods to settle bills with companies who cannot afford to pay with cash.

82 per cent of SMEs are struggling to recruit top talent, survey finds

Posted in Blog, Business Blog, SME, SMEs, SMEs / Business | Posted on 12 Oct, 2018

The vast majority (82 per cent) of UK small and medium-sized enterprises (SMEs) are struggling to recruit the right talent they need to help their business grow, a new study reveals.

Treasury weighing up tax break for landlords who sell to young adults

Posted in Blog, Budget, Property, Tax, Tax Blog | Posted on 11 Oct, 2018

The chancellor, Phillip Hammond is considering introducing a tax break in this month’s budget rewarding landlords who sell their properties to sitting tenants, after it was revealed that 40 per cent…

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SMEs struggling to realise their growth plans, study suggests

Posted in Blog, Business, Business Blog, SME, SMEs, SMEs / Business | Posted on 10 Oct, 2018

A new study carried out by the British Business Bank suggests that one in three small and medium-sized enterprises (SMEs) are struggling to realise their growth plans, due to a lack of understanding of…

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PayPal caught up in technology tax crackdown

Posted in Blog, Business, Business Blog, Tax, Tax Blog, Tax News | Posted on 8 Oct, 2018

PayPal is among the first global tech giants to come under the hammer of HM Revenue & Customs’ (HMRC) new tech tax policy after it agreed to pay an extra £2.7 million in tax.

Is your workplace pension up to scratch?

Posted in Blog, Pension, Pensions, SME, SMEs, SMEs / Business | Posted on 5 Oct, 2018

More than eight in 10 employees in the UK are now saving into a workplace pension, new figures reveal.

Government announce proposals to end late payments for small businesses

Posted in Blog, Business, Economy, Latest Business News, SMEs, SMEs / Business | Posted on 4 Oct, 2018

The Government has proposed new measures to tackle the issue of late payments to small businesses by larger companies who abuse their position in the market.

Businesses need to prepare for upcoming payroll changes

Posted in Blog, Business Blog, Payroll, SME, SMEs, SMEs / Business | Posted on 3 Oct, 2018

Businesses in the UK have less than six months to prepare for important new payroll legislation which will shake up the requirements of employee payslips, it has been warned.

Employers warned about TPR re-enrolment fines

Posted in Blog, Business Blog, Pension | Posted on 1 Oct, 2018

If businesses do not put measures in place to correctly re-enrol their staff into a workplace pension then they could face being fined by The Pensions Regulator (TPR).

Time is running out to register for 2017/18 self-assessment

Posted in Blog, HMRC, Tax, Tax Blog | Posted on 28 Sep, 2018

Those who run their own business or receive Child Benefit and are required to submit a tax return for the first time are being reminded to register for self-assessment before 5 October 2018.