Pensioners charged 30 pence on the pound by the tax man
The average retired household has a tax bill of over £7,000, research reveals.Continue reading
Author Archive: Muhammad Zia
UK economy now worth £8.8 trillion
The UK economy is now worth £8.8 trillion, report the Office for National Statistics (ONS).Continue reading
SMEs continually disappointed by HMRC
The services offered by HM Revenue & Customs (HMRC) are either ‘bad’ or ‘very bad’, according to a survey of Small and Medium-sized Enterprises (SMEs).Continue reading
No slowdown in SMEs, figures show
After a rush to seize post-Brexit trading opportunities, business for small and medium enterprises (SMEs) is on the rise, reports reveal.Continue reading
Businesses able to submit ‘voluntary’ tax payments under HMRC’s ‘PAYG’ proposals
Sole traders, landlords and unincorporated businesses will be able to submit ‘voluntary’ tax payments towards unexpected tax liabilities, under new proposals from HM Revenue & Customs (HMRC).Continue reading
Calls to increase apprenticeship support and incentives for SMEs
A report published by the National Federation of Self Employed & Small Businesses (FSB) has suggested that, under increased Government support, UK businesses could deliver approximately 1 million more apprenticeships.Continue reading
Benefits-in-kind set for tax overhaul
HM Revenue and Customs (HMRC) are to discuss changes to the salary sacrifice and “making good” aspect of benefits-in-kind for both employers and employees.Continue reading
SMEs could save cash by better engaging with UK banking market, says study
Small and Medium-sized Enterprises (SMEs) are “not engaged enough in the banking market” and could be paying more than necessary for their account, according to a new report examining the current and future state of UK banking.Continue reading
HMRC claims online tax accounts now have 3.5 million users
Approximately 3.5 million people now use HM Revenue and Customs’ (HMRC) online personal tax accounts, claims a report.Continue reading
Self-employment skills and enterprise advice neglected by UK education system, says IPSE
Young people across the UK are not receiving adequate training, education and information on the benefits of, and skills required for, self-employment and enterprising, according to a membership body.Continue reading
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