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MPs debate quarterly tax returns for small businesses

Parliament has debated plans to fully digitise the tax-reporting process for small businesses and the self-employed. The debate was triggered by an e-petition titled “Scrap plans forcing self-employed and small business to do four tax returns yearly”, which received more than 100,000 votes of support.

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SMEs are less sure on Europe than big businesses

Small and medium enterprises in the UK are split over the forthcoming referendum on whether to stay in the EU, a new study has found. Big businesses, meanwhile, are far more likely to lean towards staying.

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SMEs owed more than £500 billion in late payments

Small and medium businesses in the UK are owed over £500 billion in outstanding invoices, according to a new study. The Lloyds Bank Commercial Banking Business in Britain study found that the problem of late payments is mounting, with the amount owed representing an increase of more than 70% in just two years.

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Confidence falls as cyber-threats become more sophisticated

Less than half of all organisations worldwide feel confident in their abilities to defend themselves against cyber-attacks, according to a new report.

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UK tech firms break venture capital record in 2015

The UK’s technology sector received a record $3.6 billion (£2.54 billion) in venture capital funding in 2015. This represents a 70% increase over the $2.1 billion raised in 2014, a figure that was itself record breaking at the time.

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