New car tax rules to be introduced this week
New car tax rules to be introduced this weekend could see bills rise by thousands of pounds.Continue reading
Author Archive: Muhammad Zia
‘True costs’ of Making Tax Digital still unclear, says Treasury Committee
The Treasury Committee has again called on HM Revenue & Customs (HMRC) to provide greater clarity on the true costs of Making Tax Digital (MTD) for small and medium-sized enterprises (SMEs).Continue reading
12 per cent rise in winding-up applications to recover unpaid tax
A new study suggests that the number of winding-up applications issued by HM Revenue & Customs (HMRC) to small and medium-sized enterprises (SMEs) is on the rise.Continue reading
New technology to see cheques clear within one working day
From October this year, businesses that pay cheques into their accounts will be able to get the money cleared within one working day.Continue reading
Tax-free childcare coming this April
From 28 April this year, parents with young children will be able to claim tax-free childcare against their yearly income.Continue reading
Inflation rises past BoE’s two per cent target
The UK’s inflation rate jumped from 1.8 per cent in January to 2.3 per cent in February, the Office for National Statistics (ONS) has revealed.Continue reading
Fines of up to £3,000 for failure to comply with Making Tax Digital, says HMRC
Taxpayers who fail to use Making Tax Digital, the Government’s all-new digital tax system, will face fines of up to £3,000, according to a consultation paper released today.Continue reading
Country’s wealthiest burdened by increasing taxes, says study
The tax burden on the country’s wealthiest individuals has nearly tripled since the 1970s, a study has revealed.Continue reading
This is what entrepreneurs love about being their own boss
Owners of small and medium-sized businesses (SMEs) have shared what they love about running their own businessContinue reading
Don’t get delayed over Easter weekend, say payment experts
Experts have urged businesses to “plan ahead” so that payments to staff and suppliers do not get delayed over the Easter weekend.Continue reading
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