New regulations come into force on 25th May, which mean that websites of all sizes will be obliged to gain permission from their visitors to download cookies that collect information about their surfing habits.
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The latest small business news updates…
HMRC has uploaded its new IR35 business entity test to indicate whether or not you are in business on your own account, and to establish what risk you have of being assessed for IR35 compliance.
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This year’s British Franchise Exhibition will take place at Manchester Central on 8th and 9th June – aimed at providing people thinking of starting out on their own the advice and guidance they need to consider franchising as a career move. Bytestart visitors can attend for free.
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Despite Government pledges to make the tendering process easier, a poll by the FSB shows that most small businesses either feel sidelined by officials, or find the process itself too complex.
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In line with the Coalition’s pledge to improve the way the current IR35 rules are administered, HMRC is expected to publish a new IR35 business test over the next week or so, to help professional contract workers determine their IR35 status.
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The number of business failures recorded nationwide last month remains unchanged overall, with the North East showing a marked improvement in failure rates.
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The ICAEW says that 2012 could be a ‘make or break’ year for the Coalition Government’s plans to slash the red tape burden which has put the breaks on enterprise for so long.
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For many of us stress and anger has become a normal part of our working lives. Longer working hours, difficulties with co-workers and bosses and the fear of losing our jobs due to job cuts caused by the economic downturn have become the norm. These factors are piling on the pressure and causing us to become more stressed and in turn more hostile and angry in the workplace. Continue…
This page contains the key points from today’s Budget, including both personal and business tax changes:
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New research shows that the UK is near the bottom of the league in terms of lending to businesses since the collapse of Lehman Brothers in 2008.
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Paul Belsman, head of tax at RSM Tenon believes that the upcoming Budget will encourage business and innovation. Here he provides some predictions for 21st March.
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With the March 21st Budget just two weeks away, accountancy experts at Top 20 firm Kingston Smith LLP have provided their predictions for George Osborne’s measures to stimulate growth, to raise taxes to fund the deficit, and create new measures to clampdown on tax avoidance.
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The ICAEW has called on the Chancellor to reconsider plans to cut the current Annual Investment Allowance (AIA) from £100,000 to a mere £25,000 from April 2012.
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The UK’s holiday let owners could be in line for tax rebates after a recent court decision allows then to claim Business Property Relief (BPR) for inheritance tax (IHT) purposes.
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eBay says that almost half of all online businesses surveyed are expecting to rely more heavily on overseas sales in the future, as a result of the Eurozone crisis, and economic uncertainty in the UK.
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A survey of 450 business owners suggests that two thirds of small enterprises did not even attempt to secure finance from external sources last year, instead relying on their own savings to get through tough times.
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The latest release of the Investec Entrepreneur Confidence Index suggests that a mere 13% of the country’s ‘mid-market’ business owners expect to see an improvement in the UK’s economic prospects over the coming year.
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The country’s biggest small business competition, The Pitch, has begun its search for the UK’s best small businesses – with a top prize worth £50,000.
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Orange is searching for the UK’s next ‘different business’ and has backing of up to £200,000 to help turn the idea into reality.
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