There are five main types of tax that are relevant to businesses: income tax, corporation tax, National Insurance, VAT (value added tax) and capital gains tax. Certain forms must be submitted to HM Revenue & Customs (HMRC) and payments must be made by certain dates to avoid incurring penalties for late submissions and interest on […]
All posts by Forum of Private Business
Van Excellence Operational Briefings
Author: 28th February 2019Our Strategic Partners at FTA Van Excellence are running their Van Excellence Operational Briefings again in March and April around a wellbeing/health theme. Feedback from our van operators is that this is an area of significant interest and we’ve pulled together a programme to reflect this and the topics identified. We’re calling the events Van […]
Two thirds of SMEs are more concerned about cyber-attacks now than they were 12 months ago
Author: 30th January 201967% of SMEs have become more worried about cyber-attacks in the last year 62% of businesses are spending more on cybersecurity than they were 12 months ago Businesses in London, Yorkshire and the North West were most likely to be more concerned Businesses in the UK are more concerned about cyber-attacks now than they were […]
Are you ready for Making Tax Digital on the 1st April 2019?
Author: 29th January 2019If your business is VAT registered with a turnover above the VAT threshold then you will be required to use the new guidelines of Making Tax Digital (MTD) for VAT by law from the 1st April 2019. The primary aim of Making Tax Digital is to make the administration of tax effective and easier for taxpayers […]
Chinese New Year 2019
Author: 23rd January 2019For Information Only Manufacturers in China shut down over Chinese New Year, so many exporters will be taking their final orders of stock well before 5 February 2019. The official Chinese New Year holiday lasts around one week, but most factories will close for most of February, which means missing out on the cut off […]
Merry Christmas from the Forum of Private Business
Author: 12th December 2018There is no legal right to pay employees over public bank holidays. Employers can if they wish to do so, by counting it as part of the employee’s statutory annual leave. Over the Christmas and New Year period there are three public bank holidays in England and Wales. This year’s Christmas and New Year bank […]
Cost of Collecting Late Payments Rockets
Author: 10th December 2018The UK’s smallest businesses are facing a bill of £6.7 billion, up from £2.6 billion in 2017 – just to collect money they’re already owed, according to research by Bacs Payment Schemes Limited (Bacs), part of leading UK retail payments authority Pay.UK. This latest research, from the people behind Direct Debit and Bacs Direct Credit, […]
Employment Guide 2019
Author: 26th November 2018Making Business Better Setting up and running a business can be incredibly rewarding but there are also many problems to be faced. Not only are there economic pressures to be handled but there is a huge amount of administration, law and regulation to be understood and implemented. Any shortcomings in a company’s operations may cause serious problems […]
