Calls for digital-driven HMRC to improve telephone services

July 25, 2016

Under the shadow of Making Tax Digital (MTD), HM Revenue & Customs (HMRC) has again come under fire for its diminishing telephone services.Continue reading→

FRC in serious doubts over extended EU powers after referendum

July 22, 2016

The outcome of the recent EU referendum has raised significant questions about the future of the Financial Reporting Council (FRC).Continue reading→

IR35 proposals are an ‘unwelcome burden’, say employers

July 21, 2016

Employers have spoken out against controversial changes to IR35 recently penned by HM Revenue & Customs (HMRC).Continue reading→

WH Smith to no longer pocket unnecessary VAT

July 20, 2016

Following a damning investigation, WH Smith Travel will now pass VAT savings to non-EU bound customers in its airport branches.Continue reading→

Economists downgrade post-Brexit growth forecasts, but Britons disagree

July 19, 2016

A number of economist think tanks have downgraded their UK GDP growth forecasts following Britain’s vote to leave the European Union (EU) – but the British public seem to disagree with their gloomy outlook.Continue reading→

HMRC underestimating the cost of Making Tax Digital for SMEs, says NAO

July 18, 2016

HM Revenue & Customs (HMRC) is failing to fully estimate how much it could cost Small and Medium enterprises (SMEs) to convert to Making Tax Digital (MTD), according to new criticisms.Continue reading→

Hammond promises “new phase” will bring economic stability

July 15, 2016

Philip Hammond has announced that the British Economy is now “entering a new phase” following the vote to leave the EU, with a focus on changing the parameters and a promise to bring stability.Continue reading→

UK banks failing to refer SMEs to alternative finance methods

July 14, 2016

UK banks are failing to refer Small and Medium Enterprises (SMEs) to alternative methods of finance, according to a new study.Continue reading→

Local councils poised to lose millions in VAT battle

July 13, 2016

Local authorities are set to lose millions if a judicial review on Monday rules that commercial waste collections by councils should remain exempt from VAT.Continue reading→

Business chiefs press Chancellor for bolder changes

July 12, 2016

A coalition of groups – who together represent more than 100,000 retailers and other enterprises nationwide – have called for the Government to ease the business rates burden.Continue reading→