The extension of IR35 legislation from the public to the private sector from April 2020 will result in significant changes to contractors, with many of them having to move into Pay As You Earn (PAYE) status.
According to research from accounting software platform Xero, a quarter of small business owners believe their company will go bust within the next five years.
HM Revenue & Customs (HMRC) has reduced its claim against the company that owned football club Rangers again, this time by £5.2 million in relation to miscalculated VAT and PAYE.
Recent research has found that almost 90 per cent of firms in the UK have adopted cloud computing because of its ability to minimise IT costs while enhancing efficiency, streamlining processes and increasing security.
According to the latest research, British consumers are set to spend £4.4 billion with small businesses this Christmas.