The Government is carrying out a review on how to encourage more businesses to invest in “tried and tested” technologies, such as cloud accounting, mobile technology and e-purchasing.
The Government will launch a consultation into the taxation of private sector contractors, it has been announced.
The Government has posted new and improved advice to help taxpayers avoid scam emails and how to report fraudsters to the relevant authorities ahead of the upcoming GDPR.
HM Revenue & Customs (HMRC) has issued a public warning over so-called phishing emails, after it emerged that clever fraudsters are contacting taxpayers in-line with the tax authority’s own financial calendar in a bid to steal their personal information.
In order to run a successful business, it is important to have a keen oversight of performance on a month-by-month basis. This enables businesses owners to ensure their organisation is always running smoothly, and to determine when crucial decisions need to be made.
An interesting new study has revealed that 80 per cent of small businesses in the UK delegate bookkeeping and accounting tasks to ‘unqualified’ professionals in-house – a decision which appears to be costing many small and medium-sized enterprises (SMEs) dear.