Monthly Archives: May 2019

Hot Business News Today

SMEs hit by new UK transfer pricing rules

by Batanayi Katongera • May 3, 2019 • 0 Comments

Originally written by Batanayi Katongera on Small Business
On 1 April 2019, the UK introduced new anti-profit fragmentation legislation intended to counter cross border structures which result in a tax mismatch. The rules are intended to apply where UK value is transferred or undervalued, resulting in that value being realised in a lower tax jurisdiction.
The rules place an obligation on taxpayers to prove that the arrangements are priced at arm’s length which means pricing the arrangements on the terms that would apply if there was no relationship between the UK person or company and the overseas person or company. SMEs are generally exempt from UK transfer pricing but the new rules effectively extend the UK transfer pricing rules to SMEs.
Background
The new measures were first introduced in the Autumn Budget of 2017, followed by a consultation that ran from April to June 2018.
The draft legislation and a response document were published in July 2018. After a period of consultation the legislation was introduced in Clause 16 and Schedule 4 of the Finance Bill 2018-19, including material changes to make it less burdensome with regards to measures such as self-notification and upfront tax payments.
The legislation introduced new anti-avoidance rules, effective from April 2019,

Hot Business News Today

How can I promote my small business website?

by Partner Content • May 3, 2019 • 0 Comments

Originally written by Partner Content on Small Business
How can I drive traffic to my website?
Where to start? First, you need to ensure that your small business website is regularly updated with fresh content, as this keeps Google interested. Remember, your website is a digital mouth to feed.
And what Google especially likes are hyperlinks within content: both to elsewhere within your own small business website and to other people’s websites, which helps you gain what’s called “page authority.”

Create useful content that answers a question – which is how we all use the internet.
Learn about search engine optimisation (SEO), which is how to angle content to generate the highest web traffic possible. Often, it’s just tweaks.
Create content that people in turn want to link to.

Structure your content with subheads, bullet points and tables — just like this article! (It helps Google’s algorithm find your website and promote it up the rankings.)
If you’re selling products, sell via bigger affiliate networks which get a percentage of each sale made.

Should I advertise on social media?
The answer is “of course” — with caveats. What people don’t like is being hit over the head with sales messages. Whether you post an ad for your site on Facebook