The UK will host a major International Investment Summit on 14 October 2024, advancing opportunities for investment and growth across the country.

A reduction in the base rate from 5.25% to 5% has been voted by the Bank of England. After nearly three years of increases, the rate has been cut for the first time since 2020.

If your company spends money on research and development, such as creating new products, services, or processes - or improving existing ones - you may be able to claim tax relief.

In the UK, firms engaged in research and development are encouraged to claim any R&D tax relief they are entitled to. 

The VAT Registration Estimator has been developed after feedback from small businesses suggested an online tool would be helpful to show when their turnover could require businesses to register for VAT and its effect on profits.

Proposed amendments to the Companies Act 2006 introduce stringent identity verification for those setting up, running or controlling companies, in a bid to stamp out money laundering via fake identities.

Xero, the global small business platform, today announced the findings of its ‘Settle Up’ report, which found 62% of UK consumers surveyed expect tackling late payments to be a priority for government.

In order to assist smaller UK businesses in acquiring the funds they need for expansion, the British Business Bank has introduced the Growth Guarantee Scheme.

According to new Intuit QuickBooks research, almost 100% (99.6%) of UK small businesses planned to change how they operate in the current tax year — 41% predicted these changes would be radical. 

This Code of Conduct is a practical tool to help directors make better decisions. It also provides organisational leaders with a behavioural framework that can help them build and maintain the trust of the wider public in their business activities.