News

NLW increases will fall short of targets, says think tank

A think tank has said that the National Living Wage (NLW) will rise at a slower rate than the Government has predicted – causing the UK to miss its 2020 minimum wage targets.Continue reading

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Business activity growth thrives in September

Business activity across England and Wales continued to prosper in the month of September, a report has revealed.Continue reading

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HMRC urge landlords to make tax disclosures “sooner rather than later”

HM Revenue & Customs has urged UK landlords to make full tax disclosures “sooner rather than later”.Continue reading

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One hundred BBC presenters connected with HMRC tax investigation

More than 100 BBC presenters are involved in a tax investigation by HM Revenue and Customs (HMRC).Continue reading

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Sharing economy will push fines for late tax returns above one million

The sharing economy will result in “chaos” for taxpayers, experts warn, as it will lead to mass confusion that will send the number of late tax returns above one million for the first time this year.Continue reading

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SMEs missing out on export opportunities, says study

A new study has revealed that less than a fifth of UK Small and Medium-sized Enterprises (SMEs) are exporting their products overseas – and that UK industry is missing out on billions of pounds as a result.Continue reading

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Nearly one in eight self-employed workers has been rejected for a mortgage

Almost one in eight self-employed workers has been rejected for a mortgage, despite earning more money, a report has revealed.Continue reading

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Decrease in SDLT revenues, says HMRC data

Following ongoing property market reforms, HM Revenue & Customs (HMRC) has reported a 2.5 per cent decrease in Stamp Duty Land Tax (SDLT) revenues – which fell to £7.3billion in the 2015/16 financial year, according to reports.Continue reading

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Study highlights “damaging effects” of NLW on SMEs

A new survey has suggested that a number of Small and Medium-sized Enterprises (SMEs) believe that the introduction of a new National Living Wage (NLW) has had “damaging effects” on their day-to-day operations.Continue reading

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HMRC target retailers in tax evasion clamp down

HM Revenue & Customs (HMRC) will target small retailers as they begin their crackdown on backhand cash payments, a report has revealed.Continue reading

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