Tax Saving Accountants

Rising costs for small businesses

BT Business' State of the Small Business Nation report has revealed that during the current downturn 57% of small businesses are experiencing rising costs and 51% have lost customers. It is no surprise therefore that half of firms reported worsening trading conditions compared with just one in ten seeing an improvement. The report also shows […]

Tax Saving Accountants

Unemployment to peak as recession looms

Mr Purnell claimed the UK is facing unemployment on a scale not seen for more than a decade, and warned that the government would be powerless to intervene and save jobs. His gloomy analysis came after the first admission of a government minister that Britain is heading for recession. Tom McNulty, the new work and […]

Tax Saving Accountants

A slow adoption to Green Policies

A figure of more than two thirds of small businesses in the United Kingdom have yet to implement a carbon reduction initiative, even though three quarters of businesses believe adopting environmental measures could bring new opportunities, a survey by business advisory firm Deloitte found. Over a third of businesses say they plan to introduce a […]

Tax Saving Accountants

Stonehouse, Peterborough Accountants News Update – The UK tax burden

FACT: The UK tax burden on families is said to have risen by up to 150% since 1997. The UK, through levying stealth taxes could be considered one of the highest burden taxation countries in the world. FACT: (UK) Stealth Tax is a term used for income tax https://en.wikipedia.org/wiki/Tax levied in such a way that […]

Tax Saving Accountants

(Big Brother) approach to payments

Businesses are still struggling with efficient payment systems: over half reported having problems with overseas payments in the last twelve months. Frustrations among respondents include the time taken for international funds to be received and funds to clear (44%), the hidden fees involved (35%) and the time it takes to investigate missing payments (24%). As […]

Tax Saving Accountants

Retail Uk sales fall 3.9 percent in June

The reversal from the revised May figure is the sharpest monthly decline since the series began in 1986. Analysts had expected a decrease, with consumer spending being squeezed by rising fuel bills and food costs. The fall cut the annual growth rate to 2.2%, while sales in the three months to June were up 0.6% […]

Tax Saving Accountants

Government urged to give equality tax breaks

Alex Gourlay, managing director of Boots, told HR magazine Personnel Today that businesses would be more likely to improve diversity if legislative requirements were balanced with financial incentives. Gourlay suggested offering a tax break to businesses would provide an incentive for a healthy approach to diversity. “There’s an alternative way to encourage positive behaviour, rather […]

Tax Saving Accountants

A quarter of start-ups make up legal contract

According to a survey by legal firm ContractStore.com, over a quarter of new businesses are failing to seek legal guidance when putting together documents such as terms and conditions, employment contracts and sales agreements. While saving on legal fees, businesses drafting their own contracts risk leaving out clauses that would protect them if the other […]

Tax Saving Accountants

Shoppers are online in cold April

Cold and wet April weather encouraged UK shoppers to buy clothing online, spending 85% more on the web than in the year before, figures suggest. Industry body Interactive Media in Retail Group (IMRG) said £326m was spent on clothing through the internet, amid snow and rain last month. The increase is in stark contrast to […]

Tax Saving Accountants

Small Shops Feel The Heat

The British Shops and Stores Association (bssa) has announced the latest set of results from its quarterly Sales Monitor which reveal a disappointing March and Easter period, although this is balanced in part by a strong January and February. The overall average performance during the quarter of January to March 2008 was down just -0.2% […]

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