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The Tax Man And His Big Plan.

On 13/11/2012 By Forbes Burton

HMRC has gathered back some £21 billion from its efforts following up on those that fail to pay or pay an incorrect amount of tax. There has been rigorous focus on more than 30 company sectors such as lawyers, on-line traders (including small business ebay retailers) and the construction industry.

This was a third more than [...]

Company Insolvencies Hit a Five Year Low.

On 07/11/2012 By Forbes Burton

Company insolvencies hit a five-year low.

Company insolvency figures are at a five year low, according to data released by the Insolvency Service.

The number of companies going bust in England and Wales has dropped to its lowest level since the end of 2007.

The official data shows that 986 firms went into administration, receivership [...]

HMRC Insists On Website Move.

On 31/10/2012 By Forbes Burton

As of March 2013 and despite technical issues, the HMRC website is to move from its current domain to a newly created gov.uk domain.The site had been piloted for testing last from late October 2012 and is at the brunt end of criticism from the accounting profession over the mistakes and errors the new site [...]

The Big City Looking Out For The Little Traders.

On 03/10/2012 By Forbes Burton

The Cabinet Office recently launched its business continuity guide, in a joint effort along with the Business Continuity Institute they have launched a survival guide for small and medium enterprises (SMEs).

‘Business Continuity for Dummies’, a survival guide for SMEs.

This guide which has been produced with assistance from the BCI and the Emergency Planning [...]

Survey Suggests Struggling Small Business

On 26/09/2012 By Rick Smith

A survey held and recently published by The Federation of Small Businesses (FSB) showed that small firms are struggling to raise the money they need to expand. The results indicate that 42% of those who applied for a loan said they were turned down.

The FSB said that while companies were weathering the recession well, business confidence [...]

HMRC – Late Tax Initiative

On 03/09/2012 By Forbes Burton

HMRC (HM Revenue & Customs) have recently put into play an offer that Higher-rate taxpayers that have so far failed to file their returns will have a chance to come forward and ‘pay up’ in a special time-limited offer.

HMRC (www.hmrc.gov.uk) are keen that those responsible for filing their returns do [...]

Economic Stagnation Causes Employment Fears

On 13/08/2012 By Emma Blyth

As the UK continues to endure a harsh economic situation employers have indicated that it may be necessary to cut jobs. A study from the C.I.P.D (Chartered Institute of Personnel and Development) has indicated that there are many employers which have retained staff even though they may be considered a negative asset of the business.

Insolvent Companies

On 24/07/2012 By Forbes Burton

What is an insolvent company?

An insolvent company is one which through its trading has reached a point where the outgoing finances are no longer covered by the incoming finances, there is a very definite guide to how to recognise and diagnose insolvency within a business which won’t be covered in this post but can [...]

Business As Problem Solving

On 17/07/2012 By Forbes Burton

Generally it is easy to look at a operating a business as being a problem solver. Small start-ups, Established local business, national companies, every level of business is about recognising the problems that face you understanding them and overcoming them.

Some people are good at problem solving either through high intellect, experience, acquired skill or [...]

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