VAT Payments from SMEs up 10% in 2014

Data published by accountancy firm UHY Hacker Young points to a significant increase in the amount of additional VAT being paid by SMEs following compliance investigations. The accountancy firm’s research shows that in the past year, the HMRC took an additional £3.9bn in VAT payments from compliance investigations, an increase of 10% on the previous…

Over a Third of UK SMEs Ignoring Overseas Opportunities

Here we look at the opportunities which many UK-based small and medium-sized enterprises (SMEs) have overseas, who is taking advantage of these opportunities and seeing success – and, interestingly, why many SMEs are ignoring the opportunity. In a recent survey carried out by the leading accountancy firm KPMG in conjunction with YouGov, it was reported…