AIA rise ‘may bring only complexity’ for SMEs

Increasing the annual investment allowance (AIA) to £1 million will not help most small businesses, and may even be harmful for them, the Association of Taxation Technicians (ATT) has said. In Budget 2018, the AIA was temporarily increased from £200,000 to £1m over...

Most firms plan to invest in training

The majority of UK businesses are planning to invest in training their workforce in the next few years, according to research by the Confederation of British Industry (CBI). A survey representing more than 28,000 employers found that 85% expect to either maintain or...

Dates and deadlines for November 2018

With only a couple of months to go until the New Year, here are the main deadlines to keep in mind this November. 7 November 2018 VAT return  Due date for September VAT returns unless exempted. 14 November 2018 EC sales list Deadline for paper monthly or quarterly...

Budget 2018: Reactions

Business rates relief for small retail businesses cut by a third from 2019 to 2021 Mike Cherry, national chairman at the Federation of Small Businesses, said: "Small businesses on our high streets that cannot get small business rate relief will be delighted with the...

Budget 2018: Expectations

Chancellor Philip Hammond is set to give his Budget speech on 29 October 2018, earlier than the usual date to avoid any clash with the final stage of Brexit negotiations. Brexit is one of the main pressures overshadowing Budget 2018, along with the question of how to...