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UK inflation climbs to 0.2 per cent in December: ONS

UK inflation registered its second consecutive month of growth in December, after remaining close to or below zero for much of last year.Continue reading

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Time running out to comment on stamp duty surcharge

There are just a few weeks left for people to have their say on controversial proposals to reform stamp duty.Continue reading

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Huge blow for steel industry as Tata confirms 1050 jobs to be cut

The Government is set to come under fresh pressure to help the steel industry as workers suffer more job losses.Continue reading

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HMRC reveals the worst excuses for tardy tax returns

With the self-assessment deadline now just a few weeks away, officials at HM Revenue & Customs (HMRC) have revealed some of the more ludicrous excuses for failing to file returns on time.Continue reading

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Self-assessment tax return – don’t leave it until the 31st January deadline!

Approximately 11 million people have to submit a self-assessment tax return to HMRC before the 31st January deadline, including those who are self-employed, a company director or a partner in a business.Continue reading

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Pound plunges to five-year low as manufacturing performance worse than expected

Factory output in the UK has turned in its worst performance in more than two years, sending the pound to a five-and-a-half-year low against the dollar on Tuesday.Continue reading

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HMRC’s construction industry investigations collect a further £154m

According to recent reports, HMRC recorded a 17 per cent increase in tax takings from the construction industry in the 12 months to 31st March 2015.Continue reading

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Consultation reveals more details about Government’s stamp duty land tax change

Following the news that the current stamp duty land tax rules will be changing from 1st April this year, new guidance from a Government consultation has been released.Continue reading

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Economist fears Brexit would do real damage

Voting to quit the European Union would be “disastrous” for the UK economy, a leading economist has warned.Continue reading

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Christmas Day and New Year’s Eve saw record number of tax returns filed

According to HM Revenue and Customs (HMRC), the two most prominent dates of the festive season – 25th and 31st December – saw a record number of people submit their tax returns early.Continue reading

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