Outsourcing Payroll – does it make sense for your business?
Does it make sense for your business? Around 1.4 million businesses in the UK employed members of staff in 2018,Read more.
Debt recovery costs small businesses an average of £9,000
The cash flow difficulties that late payments cause small businesses are well known. However, the cost of recovering late paymentsRead more.
Brexit uncertainty sends small business confidence to a seven-year low
Confidence amongst small businesses has tumbled to a seven-year low – in part due to the uncertainty of Brexit. ARead more.
An end to the Entrepreneurs’ Relief ‘dilutions dilemma’?
As a business takes off, the level of investment it needs in order to expand can significantly outpace growth inRead more.
Tax rates rise twice as fast in the UK than the international average
According to the Organisation for Economic Co-operation and Development (OECD), UK tax revenue as a percentage of GDP rose toRead more.
Taxpayers offered online tool to assess their self-assessment requirement
It should seem obvious whether an individual must submit a self-assessment tax return annually. Yet, each year, thousands of peopleRead more.
Taxpayers treated unfairly by HMRC, says House of Lords report
The House of Lords Economic Affairs Committee has criticised some of the powers granted to HM Revenue & Customs (HMRC),Read more.
Unwrapping Christmas tax gifts
Christmas is a time for giving, but many businesses may not be aware that their gifts can be made inRead more.
UK takes second spot for tax compliance in G20
New research from the World Bank has revealed that the UK has the second most effective tax system amongst theRead more.
House of Lords calls for a delay to Making Tax Digital
The House of Lords Economic Affairs Committee has criticised HM Revenue & Customs (HMRC) for its handling of Making TaxRead more.
Italian e-invoicing requirements make Making Tax Digital look like a walk in the park
While a series of false starts and changes of direction have made Making Tax Digital (MTD) seem more complicated thanRead more.
180,500 first-time buyers benefit from relief on Stamp Duty Land Tax (SDLT)
Figures released by HM Revenue & Customs (HMRC) have revealed that 180,500 first-time buyers have benefited from the Government’s changesRead more.
Big increase in P2P lending
The fifth annual UK Alternative Finance Industry Report has revealed a 65 per cent year-on-year increase in peer-to-peer (P2P) lending.Read more.
Smaller estates should not have to file Inheritance Tax paperwork, says Office for Tax Simplification
The Office for Tax Simplification (OTS) has said that smaller and less complex estates should not be subject to theRead more.
Starting a business – what you need to know before launching a startup
Britain is a nation of fearless entrepreneurs, but the likes of Richard Branson and James Dyson didn’t go from ragsRead more.
Public pilot of Making Tax Digital for VAT opens
HM Revenue & Customs (HMRC) has opened a public pilot of Making Tax Digital (MTD) for VAT. The pilot isRead more.
Payee names to be required for bank transfers in effort to combat fraud and errors
From next year, payee names will be checked when making bank transfers in order to ensure that funds are beingRead more.
HM Revenue & Customs to review and rework some 2016-17 self-assessment tax returns following error
The Chartered Institute of Taxation (CIOT) has warned that HM Revenue & Customs (HMRC) is to review and potentially reworkRead more.