Many small-scale manufacturers in the UK are missing out on tax relief on their R&D projects because they do not know they are eligible for the scheme, a new report claims.In a recent survey, Deloitte found that over half (55 per cent) of the SMEs which were eligible for the tax relief were not claiming […]
Posted on 13th February 2007 in City News.
The Federation of Small Businesses (FSB) says that the HM Revenue & Customs (HMRC) should make sure it has adequate resources in order to cope with tax-returns submitted right on deadline day."The self-assessment form is just one of the many important tasks involved in running a business and there can be many reasons, both personal […]
Posted on 18th January 2007 in City News.
Profit warnings fell by ten per cent compared to a year earlier in 2006, although SMEs struggled more than other types of business, a new report reveals.Accountancy firm Ernst & Young (E&Y) says that contractual problems were the main reason behind SMEs’ comparatively poor performance. In 2004, 67 per cent of companies announcing worse-than-expected annual […]
Posted on 16th January 2007 in City News.
SMEs should ensure they have adequate credit insurance controls in place, as recent research shows the number of bad debts and insolvencies in the UK is set to rise substantially during the first three months of this year, a finance company has warned.A recent report from the Confederation of British Industry (CBI) revealed that 78 […]
Posted on 11th January 2007 in City News.