I’m confused about the difference between tax avoidance and tax evasion. The Government seems to talk about them as virtually the same thing – is that right? It has always been pretty clearly understood that tax evasion is wrong. It involves breaking the law and is a criminal act....
The Regional Growth Fund (RGF) is a £2.4bn Government fund to which businesses across England can apply for grants and loans. The RGF, which was launched in 2011 and will run until 2015, supports projects offering significant potential for sustainable economic growth and which will create new jobs –...
This is obviously a concern for many smaller businesses, particularly sole traders, who fear that their business would not be able to continue without them, writes Milsted Langdon. However, how many people have actually put any sort of plan into place? Most people would rather not think about what will...
Waiting for invoices to be paid is a major problem for many small businesses, specifically because it has a detrimental impact on their cashflow. With outstanding debts, a small firm may not be able to pay wages or overheads, which could prove fatal for the business, particularly if late...
By Jonathan Elliott, managing director of Make It Cheaper* Most business owners will agree that, out of all their fixed overheads, electricity can be one of the most frustrating (if not one of the most expensive) to tackle. Even if you find a good deal, the renewal terms subsequently...
George Osborne had originally planned to withdraw child benefit from all higher rate tax-payers, but had a change of heart in his 2012 Budget announcement, following criticism that this would be unfair on single income families and those earning just over the higher tax rate threshold. From January 2013,...
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