MoD should revamp the way it deals with SMEs and contractors
Small businesses, including limited company contractors, could benefit if the Ministry of Defence rethinks the way it deals with SMEs, according to a new report by the FSB.
FSB calls for more competition in the banking sector
The FSB is asking the government to do more to encourage competition in the banking sector. There have been concerns that the current lack of competition could lead us back into recession.
Contractors may have to wait longer for settlement
Rather than reversing the trend for late payments, a new directive from the EU could actually make matters worse, according to the FPB.
SMEs and contractors face up to public sector cuts
Nearly 150,000 small businesses in the UK are facing fears that they may become insolvent if they cannot maintain their contracts with the public sector.
Have your say on how to cut spending
George Osborne has announced that, as part of the government’s Spending Challenge, the public have submitted more than 100,000 ideas on how the coalition should cut spending.
PHP and SEO freelancers are in demand
Most of the UK’s small businesses intend to spend more on IT freelancers and those with PHP and SEO skills will find themselves much in demand.
HMRC issue online VAT return reminder
HMRC recently issued a statement to remind people of the need to complete their VAT procedures online if they have an annual turnover in excess of £100,000 or registered for VAT after the first of April this year.
What does the budget hold for umbrella companies?
Small businesses, umbrella companies and limited company IT contractors will be in a state of 'limbo' until the emergency Budget is delivered on 22nd June.
HMRC stand firm on late payments of VAT
According to new figures published by IT service provider Syscap, the number of Time To Pay VAT requests rejected by HMRC has more than doubled in the first 3 months of 2010.
