
Company Voluntary Agreements plunge as taxman tightens debt recovery rules
The number of struggling firms striking Company Voluntary Arrangements (CVAs) with creditors has plunged 47 per cent in the past year after tax authorities tightened the…
Financial advice for owners and managers of small and medium sized business SMEs in the UK All your tax, borrowing and administration advice

The number of struggling firms striking Company Voluntary Arrangements (CVAs) with creditors has plunged 47 per cent in the past year after tax authorities tightened the…

Official HMRC figures show inheritance tax receipts of £2.4bn between April and July, £300m higher than in the same four months of the previous year.

A whopping £51 billion in credit card, overdraft and personal loan debts will be accrued by consumers who are struggling to meet the upcoming tax deadline.

The UK’s Financial Conduct Authority (FCA) has today announced a major change in how it regulates financial service firms, outlining measures to end “rip-off” fees and…

It is understood that TSB Bank is facing a legal action worth up to £800m, brought by customers who claim they were locked into mortgages with ‘excessively high’…

Higher central bank interest rates will trigger a wave of corporate defaults as companies struggle with higher borrowing costs and the threat of a global recession,…

Nadhim Zahawi, the new chancellor of the exchequer, has called for a review of the UK’s corporate tax policy in a clear hint that a rise…

Sky Sports presenter, Alan Parry, has had his appeal against a £356,420.37 IR35 tax bill dismissed at a First-Tier Tax Tribunal hearing.

There seems to be a prevalent belief in the business community that to advance and expand your business, it is essential to have external investment.

The Government could be forced to pay a compensation bill as big as the entire defence budget if a legal challenge launched today over the rejigging…

The battle for customers is increasingly heating up in the UK banking scene with one major current account provider now offering 5 per cent interest on…

Monzo is likely to press ahead with its crypto investment plans despite the current crash in the market, its co-founder said today.

Jettison the Jackson Pollocks, chuck out the Château Latour and find more space in your collection of high-value, high-status items for Chanel handbags and Rolex watches.

Internet Explorer 11 (IE11) is the last man standing in Microsoft’s line of IE browsers. Originally, Microsoft had planned to retire IE11 in 2025 but, last…

HMRC collected a record £157.2bn from VAT bills in in the last tax year, a 55 per cent jump on the £101bn collected in 2020/21, after…