Business news
1 in 5 sole traders close after one year
Businesses with ‘established’ traits more likely to keep trading.Tax changes impact smaller landlords
Lenders’ trade body says Government should halt further measures.OTS proposes inheritance tax reform
Recommends reducing seven-year period to five years.MTD and Brexit cause HMRC helpline delays
Less than 42% of calls answered in May 2019.Businesses raise £1.7bn net finance in May
SME lending growth increases 0.4% in 12 months.Taxpayers face large bills after HMRC error
Customers who don't get a tax bill this July will need to pay more in January.State pension spending set to increase
Expenditure rises despite state pension age increases.Ending late payments to small businesses
Government announces measures to improve payment practices.P11D and P11D(b) deadline approaches
Expenses and benefits must be reported by 6 July 2019.Recruiters call for flexible training levy
960,000 temporary workers could benefit from access to training.
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