HM Revenue & Customs (HMRC) has announced the creation of a new Worldwide Disclosure Facility (WDF) that will allow people to ensure their affairs are correct before the Common Reporting Standard (CRS) comes into force on in October 2018.
Author Archives: Howard Roth
Reminder: Flat-rate expense agreements
Workers in a number of different sectors are often obliged to spend small amounts each year maintaining or replacing tools and special clothing, which are deemed necessary for them to carry out their employment duties.
Small businesses face new punitive penalty regime
New rules introduced as part of the government’s Making Tax Digital proposals could see fines for late tax payments triple.
More than one in five insolvencies the result of late payments
A new report from insolvency trade body R3 has revealed the damage done to small firms by customers making late payments for goods and services.
Businesses brush off Brexit fallout
Almost half of Britain’s business owners do not think Brexit will have an impact on their company, according to a new study from delivery service CitySprint.