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 onRead more.
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 theRead more.
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 firmsRead more.
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 businessesRead more.
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 seriesRead more.
Automatic Enrolment contributions to increase
The next increase in Automatic Enrolment (AE) pension contributions for both employees and employers will take place from 6 AprilRead more.
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.