Business News

Clemence Hoar Cummings celebrate finalist award win at prestigious awards ceremony

Posted in Business News | Posted on 7 Dec, 2017

Towards the end of November, representatives from our team attended the Essex Business Excellence Awards 2017, where we were handed a prestigious finalist trophy. The event, which took place at the City…

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Don’t forget the Self-Assessment deadline

Posted in Business News | Posted on 7 Dec, 2017

While most people will be focused on the festive celebrations at this time of the year, businesses and their owners must not forget the all-important Self-Assessment deadline. The deadline for sending…

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SMEs risk losing out on Christmas income totalling £2bn if they don’t accept cards

Posted in Business News | Posted on 7 Dec, 2017

A new study has revealed that almost half of all shoppers will not spend money with a business this Christmas if it doesn’t provide facilities to pay by card. A study, commissioned by card machine provider…

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Business rates to switch from RPI to CPI, saving SMEs billions of pounds

Posted in Business News | Posted on 7 Dec, 2017

Businesses across the UK have welcomed the Chancellor’s decision to bring forward plans changing the way business rates are set by two years. In the Autumn Budget, Philip Hammond announced that from…

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Class 2 and 4 NIC merger delayed until 6 April 2019

Posted in Business News | Posted on 7 Dec, 2017

The abolition of Class 2 National Insurance Contributions (NIC) will now be delayed until 6 April 2019, according to a new written statement to the House of Commons. HM Treasury has written to MPs to let…

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Simple by name, but not necessarily by nature

Posted in Business News | Posted on 7 Dec, 2017

Earlier this year, HM Revenue & Customs (HMRC) introduced Simple Assessments for some taxpayers who have, until now, been required to complete Self-Assessment Tax Returns. Those affected are taxpayers…

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Chasing outstanding debts from an individual or sole trader? The process has changed

Posted in Business News | Posted on 7 Dec, 2017

Outstanding payments can be a major headache for SMEs as they can have a significant effect on cashflow and seeking payment can take up time that would be better spent on running the business. In fact,…

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Chancellor fails to deliver on Office for Tax Simplification’s recommendations on VAT

Posted in Business News | Posted on 7 Dec, 2017

The Office for Tax Simplification (OTS) recently published its findings following a review intended to ensure the VAT system remains relevant. On the basis of its findings, the OTS made eight core recommendations:…

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Autumn Budget 2017

Posted in Business News | Posted on 22 Nov, 2017

When Chancellor Philip Hammond stepped up to the despatch box, he would have been acutely aware of the pressure he was under. Some 24 hours before the Chancellor was due to open his famous red box, the…

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Over-50s cutting back on essentials to leave inheritance

Posted in Business News | Posted on 13 Nov, 2017

According to new data from Populus, nearly half of people aged over 50 are willing to forgo luxuries in later life to leave a larger inheritance for their children. The study, commissioned by Saga Money,…

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