Payroll sector prepares for key changes in 2019/20
The next 12 months will see a number of new changes to payroll policy that could have an impact on
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Entrepreneurs’ Relief changes fail to meet up to the test
During the last Budget, the Government announced new conditions to entrepreneurs’ relief that would take immediate effect to change the
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Just over half of businesses are prepared for Making Tax Digital
A new study into preparations for Making Tax Digital amongst businesses has found that only 57 per cent of firms
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Late payers to be flagged up to businesses under new proposals
The Small Business Commissioner, Paul Uppal, has recommended a new “traffic light” system that will warn smaller firms which businesses
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HM Revenue & Customs drops insistence that all company directors must submit tax returns
HM Revenue & Customs (HMRC) has dropped its insistence that all company directors must submit tax returns following a series
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Automatic Enrolment contributions to increase
The next increase in Automatic Enrolment (AE) pension contributions for both employees and employers will take place from 6 April
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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,
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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 payments
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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. A
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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 in
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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 to
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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 people
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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),
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Unwrapping Christmas tax gifts
Christmas is a time for giving, but many businesses may not be aware that their gifts can be made in
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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 the
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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 Tax
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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 than
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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 changes
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