Taxpayers’ bills delayed by payment on account errors

The Association of Taxation Technicians (ATT) has revealed that problems with HMRC’s IT systems earlier this year, relating to calculations for payment on account, mean that some taxpayers will not receive tax demands this month. The glitches in the tax authority’s systems during the self-assessment tax return season also mean that calculations for payment on…

Value of UK SMEs reach £3 trillion

New research has found that the total value of UK SMEs has reached more than £3 trillion. The study by MarketInvoice found company valuation is something that two-thirds of owners consider a top priority and something they think about all the time. Business owners cited their premises, product and people, as well as the financial…