HMRC’s new powers to tackle electronic sales suppression
The HMRC has issued advice about the new powers and penalties under the Finance Act 2022 to tackle electronic sales...
READ MORESmall businesses urged to implement Open Banking
Small businesses lack awareness of the banking revolution, two years after the introduction of Open Banking, new research led by Intuit Quickbooks has revealed.
While most small businesses owners have heard of Open Banking, almost half are unable to explain the term or do not fully understand its meaning, according to the study. Nearly half of respondents (48%) also do not believe that technology will impact their business, despite the improvement it could provide to business cash flow management.
Read more at Accountancy Age.
Previous
Welsh government urged to support SMEs as they tackle climate crisis
Next
Moody's downgrades outlook for UK banking system
NICs increase has immediate impact on business
Research of more than 1,100 UK employers by the British Chambers of Commerce has uncovered a series of negative...
READ MORE
Digital platform reporting rules to start January 2024
New reporting rules for digital platforms will be implemented from 1 January 2024, said the HMRC.
READ MORE