IFS warns mega tax rises are required to cut deficit

In recent days, the Institute of Fiscal Studies (IFS) has forecast that colossal tax rises will be required between now and 2025 in order to cut the UK’s deficit in line with Government pledges.Continue reading

Chancellor calls for views on plastic tax

While yesterday’s Spring Statement revealed little, it did call for views on how plastic taxes could help the environment.Continue reading

HMRC telephone scams growing increasingly common

In recent days, several reports have emerged suggesting that bogus phone calls from fraudsters posing as HM Revenue & Customs (HMRC) officials are growing increasingly common across the UK.Continue reading

Payroll changes all employers should be aware of

Paying your workforce should be simple. But with ever-changing legislation and regulation, payroll can be one of the more tricky aspects of running a business. With this in mind, we’re here to help you get to grips with upcoming changes which all employers should be aware of.Continue reading

SMEs urged to consider ‘small, regular rewards’ for staff to boost productivity

A new study into workplace productivity suggests that small and medium-sized enterprises (SMEs) looking to motivate their staff will achieve better results if they offer smaller, more regular rewards to high-performing team members, as opposed to paying their employees an annual bonus.Continue reading

Women-led businesses thrive, helping UK economy

Today is International Women’s Day and, to mark the event, student body Founders4Schools (F4S) and tech recruitment company Mortimer Spinks have released a report which highlights the importance of female entrepreneurship to the UK economy.Continue reading

Consumer spending rebounds, BRC figures reveal

The British Retail Consortium (BRC) has published statistics which show that UK food sales were on the rise in the three months to February, but shoppers resisted from spending money on non-essential items.Continue reading

IPPR proposes changes to UK tax system

In a recently-published paper entitled Tapering Over the Tax: Reforming taxation of income in the UK, The Institute for Public Policy Research (IPPR) has proposed major reforms to the UK’s income tax system.Continue reading

SMEs unsure about funding options, study finds

The vast majority of UK small and medium-sized enterprises (SMEs) and their owners are confused about business finance and funding options, a new study suggests.Continue reading

Employers should take on workers’ unpaid tax bills, says MP

An MP has suggested that the employer should be responsible for unpaid tax bills when a worker has been mistakenly or purposely considered self-employed.Continue reading

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