UK businesses could lose £195 million per day in workplace productivity

According to new research, the UK economy could lose £195 million per day in wages because employees are spending an average of 1 hour 24 minutes every day being unproductive.Continue reading→

HMRC’s five money-saving tips

HM Revenue and Customs (HMRC) has highlighted five money-saving tips to help boost your finances.Continue reading→

Government to simplify corporate tax regime for small businesses

The Treasury has today responded to the Office of Tax Simplification’s (OTS) major new report, simplifying tax for smaller businesses.Continue reading→

Government announces £56 million funding to boost business productivity

The Government has launched a new £56 million wave of funding in a bid to boost productivity throughout the UK economy.Continue reading→

HMRC to clamp down on tax avoidance

HM Revenue & Customs (HMRC) is set to clamp down on tax avoidance, after stating that it is “doubling the resources” to tackle those in the avoidance supply chain.Continue reading→

Calls for HMRC to simplify the UK’s tax system for self-employed and landlords

A Government adviser has said that the UK’s tax system is causing issues for self-employed individuals and private landlords and therefore HM Revenue & Customs (HMRC) should consider simplifying it.Continue reading→

Nine in 10 off-payroll workers incorrectly paying tax, says HMRC

HM Revenue & Customs (HMRC) has published new guidance on changes to off-payroll working rules coming into effect in the private sector next year.Continue reading→

Personal insolvencies on the verge of highest level for a decade

According to official figures, the number of people facing insolvency is set to reach the highest level for almost a decade, following an annual increase of more than 22 per cent in December.Continue reading→

IR35: BBC Presenter loses appeal over £400,000 tax bill

Television presenter Christa Ackroyd has lost an appeal at the Upper Tribunal over her tax status at the BBC.Continue reading→

Time to think about tax returns, says HMRC

Is it that time of the year already?

Today, HM Revenue & Customs (HMRC) has reminded taxpayers that they have just 100 days to go until the 31 January tax return deadline.Continue reading→