With SMEs throughout the country struggling to grow and maximise profits, given the economic headwinds, fraud could be a major problem.
How SMEs can avoid becoming victims of fraud


With SMEs throughout the country struggling to grow and maximise profits, given the economic headwinds, fraud could be a major problem.

Acting as a silver lining amidst a storm of uncertainty, the crashing pound is likely to attract more US visitors to the UK, it has been suggested.

An £884 million loan scheme for new businesses is to be expanded, it has been revealed.

Late payments are costing small businesses £684 million per year, in addition to rising inflation, data has revealed.

Many UK businesses are having problems with recruitment as the number of job vacancies has soared over the last 12 months.

The current cost of living crisis in the UK has already seen the economy decline, with customers saving money and consuming less.

A huge majority of small businesses are ploughing more money into their business than they are taking out for a least one month of every year.

In the second blog of this series on tax year basis reforms, we will examine how these changes could affect unincorporated businesses.

In the first blog of this series on tax year basis reforms, we will be discussing the new rules that will affect how unincorporated businesses are taxed from 2023 to 24 and consider whether it is worth changing your accounting period.

A review into the effect of short-term holiday lets has been launched by the Government to improve the holiday letting market for those living in popular tourism destinations.