The government is extending VAT relief for small businesses to cover bad debts.
In a move that had long been advocated by tax advisers to the small business community, Gordon Brown said the “costly and time-consuming” VAT charge on bad debts would be abolished.
Small to medium sized enterprises will now be able to recover VAT on bad debts after six months, said the Chancellor.
With 65% of UK accountancy practices already using or planning to use cloud accounting software, Paul Haydock of DueCourse examines four reasons why SME owners should consider a cloud-based service
BDO has implemented data submission and extraction technology to improve efficiency and automate manual processes
Driving opportunity for all and empowering businesses for success are the key themes for the Sage Summit UK this year, which takes place on 5-6 April
Advanced has extended its West Midlands HQ following the creation of 200 jobs and planned hiring of a further 200 employees over the next nine months