Late payments are a huge drain on SMEs

November 28th, 2019     News

Small firms are owed a staggering £23.4 billion in late payments, an issue that is continuing to cause greater problems for businesses each year. In the last year alone, the figure has increased by £10.4 billion. According to one study, this is co... Read news article

Tax advice for SME business owners

November 26th, 2019     News

A recent survey from an accounting software provider has revealed that over 50 per cent of small and medium-sized enterprise (SME) owners in the UK have made a mistake when filing their VAT returns, while just one in four feel confident that they hav... Read news article

VAT legislation misinterpreted

November 15th, 2019     News

A new report has revealed that the incorrect interpretation of VAT legislation has led to some debt enforcement agencies charging VAT to the debtor, rather than the creditor. According to StepChange, the debt charity, some High Court bailiffs have... Read news article

The Andrew Price & Co Weekly Round-Up

November 15th, 2019     Weekly Round-Up

Here are some of the things our clients have achieved this week.. Saving money by taking a car out of the company - Our client had a company car, which until recently was tax efficient for them. Changes in the business prompted a review that fou... Read news article

Government set to simplify corporate tax for SMEs

November 15th, 2019     News

HM Revenue and Customs (HMRC) has responded to the new Office of Tax Simplification (OTS) report entitled ‘Simplifying tax for smaller businesses’. The OTS found that tax is “needlessly complicated” in some areas, posing a significant chal... Read news article