Britain now a ‘cash-second’ economy as contactless payments rise 250% in one year
Visa Europe have labelled the UK a ‘cash-second’ economy, as the number of contactless card payments rose by a staggering 250% year-on-year in 2015.Continue reading
Plans to turn tax returns digital scrapped in favour of new telephone submission
Small businesses will soon be granted the facility to file their tax returns over the telephone, following recent changes to the Government’s initiative to turn tax returns digital by 2020.Continue reading
Warning over north/south divide in SME confidence
A new study by the Federation of Small Businesses (FSB) has revealed that confidence among smaller firms varies greatly in different areas of the UK.Continue reading
Unemployment is down but wage growth remains a worry
Unemployment across the UK has fallen to its lowest level for more than a decade, new statistics have shown.Continue reading
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
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
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
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
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
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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