Business news

Tax changes from 1 April

A host of new tax changes affecting businesses and individuals have come into effect on 1 April. Here is a quick breakdown of the changes and how they may affect you.

SME owners work 15 months a year

SME owners work the equivalent of an extra 3 months in a year, according to a survey by the British Insurance Brokers' Association.

Small Business Act becomes law

A range of measures aimed at supporting the UK's small business sector have become law as the Small Business, Enterprise and Employment Act gained royal assent.

Retirees provide financial support to families

More than a third of people retiring this year are currently supporting their families financially, according to survey by Prudential.

SMEs lack qualified financial staff

More than a third of SMEs do not have a qualified person in charge of finances, research by the Association of Accounting Technicians has found.

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