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Latest News:

  • HMRC checks 45 million PAYE accounts as P800 letters go out
  • London’s female founders pass £100m in Start Up Loans
  • Caudwell and Rose warn Britain is training entrepreneurs for export
  • Business rates review to reset how pubs and hotels are valued
  • Profits almost halve at Britain’s 100 biggest restaurant groups
  • Britain’s hidden productivity boom masked by ‘flawed’ ONS data
  • Uber faces €825m GDPR fine over automated driver deactivations
  • Dragons’ Den star Sara Davies takes stake in Not On The High Street turnaround
  • JLR pauses Defender redesign, pushing all-electric version into the 2030s
  • Hundreds of pharmacies weigh closure as business rates bills soar

Category: Finance

Financial advice for owners and managers of small and medium sized business SMEs in the UK All your tax, borrowing and administration advice

Customers will be able to make in-store crypto payments by scanning a QR code which will allow them to pay directly from their crypto wallet, Vogue Business first reported.

Gucci to accept crypto payments at US stores in digital asset push

6 May 20226 May 2022 Finance, News Business Matters 0 Comments

The company recently revealed that owners of items from two of its NFT projects, SuperGucci and Gucci Grail, would be given special access to pre-order a Gucci collection before its general release.
Gucci is doubling down on its support for crypto with plans to start accepting digital asset payments across US stores in the coming months.

Despite a return to normal for many economies in 2022, insolvencies are set to rise according to a new report.

Insolvencies set to rise as government support ends

21 April 2022 Finance, In Business Business Matters 0 Comments

Despite a return to normal for many economies in 2022, insolvencies are set to rise according to a new report.

Employees who have been claiming “Home Office Relief” during the Covid 19 Lockdown should be urgently reviewing their tax codes to clarify whether HMRC have included the relief within their notice of coding.

Employees who claimed home office tax relief during the pandemic could end up paying more tax this year

19 April 2022 Finance, In Business Business Matters 0 Comments

Employees who have been claiming “Home Office Relief” during the Covid 19 Lockdown should be urgently reviewing their tax codes to clarify whether HMRC have included the relief within their notice of coding.

Online shoppers in the UK face more identification checks when paying for purchases on the internet from Monday, as new rules to clamp down on fraud come into force.

UK shoppers face more identity checks when buying online

14 March 2022 Finance, In Business Business Matters 0 Comments

Online shoppers in the UK face more identification checks when paying for purchases on the internet from Monday, as new rules to clamp down on fraud come into force.

The total revenue HMRC generated from tax investigations and other compliance activity has risen to £30.8bn in 2021, up from £28bn in 2020 as it looks to pursue tax lost to evasion or avoidance during the pandemic, lawyers have announced.

Tax probe yields hit staggering £30bn as HMRC fights to recoup lost Covid revenues

1 March 2022 Finance, In Business Business Matters 0 Comments

The total revenue HMRC generated from tax investigations and other compliance activity has risen to £30.8bn in 2021, up from £28bn in 2020 as it looks to pursue tax lost to evasion or avoidance during the pandemic, lawyers have announced.

Facebook’s libra cryptocurrency project ends in failure

Facebook’s libra cryptocurrency project ends in failure

28 January 2022 Finance, News Business Matters 0 Comments

It was once promoted as a new financial system that would transform how money is transferred around the world, but Facebook’s ambitious cryptocurrency project has ended in failure.

therese coffey

National insurance rise will go ahead despite Tory dissent, insists minister

27 January 202227 January 2022 Finance, News Business Matters 0 Comments

A cabinet minister has argued that the national insurance rise should go ahead as planned despite Tory rebels reportedly pushing for it to be scrapped as the price for their support of Boris Johnson’s leadership.

Pension savers should have appointments scheduled automatically to help them make better decisions, MPs have suggested.

MPs call for automatic pension help appointments

18 January 2022 Finance, News Business Matters 0 Comments

Pension savers should have appointments scheduled automatically to help them make better decisions, MPs have suggested.

businesses renting out a spare room can breathe a sigh of relief

Hair salon win against HMRC means businesses renting out a spare room can breathe sigh of relief

7 January 2022 Finance Business Matters 0 Comments

Following Wednesday’s decision by the First-tier Tax Tribunal in favour of a hair salon in Cardiff, businesses renting out a spare room can breathe a sigh of relief as HMRC’s attempt to circumvent the VAT exempt status of rent charges fails.

Retirement funds

One in four aiming for retirement to begin at 60

30 December 2021 Finance, News Business Matters 0 Comments

Sixty is the most popular age to retire early, with one in four people aiming to do so at that age.

Financial model | Cherry Martin | Business Matters

Why you need a financial model – shape up for investment in 2022

23 December 202123 December 2021 Finance, Get Funded Cherry Martin 0 Comments

From financial models to pitch decks, preparation is key for investment, be sure to read all of this, tick off the check list and be prepared

UK businesses report losing £8 for every £100 billed in the last year due to the non-payment of invoices, according to the research by trade credit insurer Atradius.

UK businesses write off £8 in every £100 as uncollectable

22 December 2021 Finance, In Business Business Matters 0 Comments

UK businesses report losing £8 for every £100 billed in the last year due to the non-payment of invoices, according to the research by trade credit insurer Atradius.

tax return

Taxpayers could receive a Christmas bonus

20 December 2021 Finance, In Business Business Matters 0 Comments

Taxpayers who file their tax returns online by the 30 December may be able to enjoy a Christmas bonus.

Un-policed and often unenforceable anti-corruption laws have made the UK the global money-laundering capital for a post-Soviet Union elite, severely damaging Britain’s international reputation and the rule of law, the London-based thinktank Chatham House says in a report.

UK’s anti-money laundering measures need complete reset, says report

8 December 2021 Finance, News Business Matters 0 Comments

Un-policed and often unenforceable anti-corruption laws have made the UK the global money-laundering capital for a post-Soviet Union elite, severely damaging Britain’s international reputation and the rule of law, the London-based thinktank Chatham House says in a report.

"Net Zero" is set to become the phrase of the day. It may even eclipse some of the Covid jargon that has become part of our lexicon over the last two years!

The issue of Net Zero and Taxation

23 November 2021 Finance, Opinion Cathy Bryant 0 Comments

“Net Zero” is set to become the phrase of the day. It may even eclipse some of the Covid jargon that has become part of our lexicon over the last two years!

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Latest Content

HMRC is reviewing around 45 million PAYE accounts to identify people who have paid too much or too little income tax, with P800 tax calculation letters already being issued and checks continuing until November 2026.

HMRC checks 45 million PAYE accounts as P800 letters go out

The HMRC PAYE review covers around 45 million accounts, with P800 tax calculation letters already being issued and checks running until November 2026. Overpayments are being dealt with first, but workers claiming refunds across more than one year will now have to request the money themselves.

London’s female founders pass £100m in Start Up Loans

Caudwell and Rose warn Britain is training entrepreneurs for export

Business rates review to reset how pubs and hotels are valued

Profits almost halve at Britain’s 100 biggest restaurant groups

Britain’s hidden productivity boom masked by ‘flawed’ ONS data

Uber faces €825m GDPR fine over automated driver deactivations

Dragons’ Den star Sara Davies takes stake in Not On The High Street turnaround

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