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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
SME owners work the equivalent of an extra 3 months in a year, according to a survey by the British Insurance Brokers' Association.
A range of measures aimed at supporting the UK's small business sector have become law as the Small Business, Enterprise and Employment Act gained royal assent.
More than a third of people retiring this year are currently supporting their families financially, according to survey by Prudential.
More than a third of SMEs do not have a qualified person in charge of finances, research by the Association of Accounting Technicians has found.
Almost a fifth of people plan to leave money to charity when they die, according to research by the AA.