HMRC backflips on helpline closure announcements
HMRC has backflipped on this week's announcement that long periods of shutdown for self-assessment and VAT helplines,...
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UK businesses converted just 2.6% of the value of their sales into free cashflow on average last year, this figure has stayed low after falling from an average of 3.3% just four years ago, prior to the EU referendum, shows study by BDO.
UK businesses’ cash generation has stayed low heading into the cash crunch triggered by the Covid-19 pandemic, with mid-sized and smaller businesses faring worst.
Read more at the Accountancy Daily.