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IT contractors will ‘turn their back’ on public sector if IR35 changes are introduced, says study

90 per cent of IT contractors in the UK will ‘turn their backs’ on the public sector if controversial reforms to IR35 are implemented by HM Revenue & Customs (HMRC), according to a new study.Continue reading

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Interest rate cut to offer mortgage bonus

For the first time in over seven years, the Bank of England (BoE) has cut interest rates to a record low of 0.25 per cent in a bid to bolster the economy, but how it will it affect mortgage holders?Continue reading

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British businesses increasingly losing revenue as a result of cyber-attacks, says study

Businesses across four countries, including the UK, are increasingly losing revenue as a result of cyber-attacks, according to a new study.Continue reading

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Public sector to be abandoned after IR35 reform

A staggering 80 per cent of contractors plan on abandoning the public sector if the proposed IR35 reforms go ahead, research reveals.Continue reading

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UK SMEs ‘more resilient’ in some regions than others, says study

A study of Small and Medium-sized Enterprises (SMEs) across the UK has found that firms in certain geographical areas have a tendency to be more resilient than others within their first five years of doing business.Continue reading

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HMRC fails to commit to publication date for MTD consultation

A long-awaited consultation document intended to assess the impact of Making Tax Digital (MTD) has been postponed for a third time, after HM Revenue & Customs (HMRC) announced today that a date is still yet to be confirmed for its release.Continue reading

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One in four not seeking official advice when taking early pension

Over £6 billion has been paid out from pension savings since last year’s freedom and choice reform, but less than a quarter of Britons are seeking advice before withdrawing, a HMRC report has revealed.Continue reading

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Prime Minister and HMRC to battle tax avoidance and publicise fraud

Newly appointed Prime Minister Theresa May has ordered officials in the Government’s “policy unit” to draw up additional plans to crackdown on offshore tax havens and corporate tax avoidance.Continue reading

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UK risks overseas investment through high property tax

The UK ranks outside the top 10 for property tax, and risks reducing its attractiveness to overseas investors by charging higher purchase taxes than its main competitors, a study has found.Continue reading

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SMEs failing to take cyber security seriously, says study

Small and Medium Enterprises (SMEs) across the UK are putting themselves at risk by failing to take their cyber security seriously, according to new research.Continue reading

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