GDP growth forecasts ‘downgraded’ by economists
Leading economists from across the UK have ‘downgraded’ their Gross Domestic Product (GDP) growth forecasts, following uncertainty about future trade arrangements and investment prospects.Continue reading
Digital tax shift is biggest challenge for HMRC, according to its CEO
The Chief Executive of HM Revenue and Customs (HMRC), Jon Thompson, has told member of the Public Accounts Committee (PAC) that switching to online customer services will be a significant challenge for the department. Continue reading
Latest HMRC figures confirm property market still sluggish since stamp duty changes
The latest figures from HM Revenue & Customs (HMRC) have revealed that Britain’s property market remains sluggish under the shadow of stamp duty changes and economic uncertainty.Continue reading
Borrowing bill remains too high as Britain again fails to hit debt reduction target
Chancellor George Osborne’s efforts to cut the national debt have been dealt another blow after missing his borrowing target for the second month in a row.Continue reading
SMEs failing to embrace productive apprentice workforces
Small and Medium Enterprises (SMEs) across the UK are failing to embrace the benefits of productive apprentice workforces, according to a new survey.Continue reading
Buy-to-let tax changes set to deliver ‘major shock’ to property market and house prices
Property experts have warned that Chancellor George Osborne’s buy-to-let tax changes will take their toll on house prices in coming months – and potentially ‘cripple’ the London property market by next year.Continue reading
Middle-aged Britons cite poor financial management as biggest lifetime regret
40-somethings across the UK cite not saving enough money as one of their biggest lifetime regrets, according to a new study conducted by high-street bank, Nationwide.Continue reading
HMRC telephone delays are down to ‘unnecessary job cuts’, says NAO
Taxpayers spent a staggering four million hours on hold to HM Revenue & Customs (HMRC) in 2015/16 – and experts are putting the delays down to ‘unnecessary job cuts’.Continue reading
UK jobless rate is the lowest since 2005 and wage growth increases
The unemployment rate in Britain has fallen to its lowest level in more than a decade and the introduction of a National Living Wage has led to a wage growth.Continue reading
HMRC tightens the screws on tax evasion
HM Revenue & Customs (HMRC) is tightening the screws on tax evasion, according to new data which revealed a significant year-on-year rise in ‘specialist investigations’.Continue reading
Can we help? Talk to our expert team