Conservative London mayoral candidate agrees on TV to publish his tax returns
Conservative London mayoral candidate Zac Goldsmith has said he will publish his tax return after facing a grilling over his tax status.Continue reading
£29bn in extra costs from NLW and apprenticeship levy will damage SMEs and economy, CBI warns
The Confederation of British Industry (CBI) has estimated that SMEs face an additional bill of approximately £29 billion over the course of our current Parliament.Continue reading
3.2m taxpayers face “retirement crisis” over Osborne’s pensions raid
A new analysis has found that two thirds of higher rate taxpayers will face a “retirement crisis” if George Osborne pushes ahead with the Government’s pensions tax raid.Continue reading
HMRC boss claims she is not a tax expert
The outgoing boss of HM Revenue & Customs (HMRC) has admitted to MPs that she is “not a tax expert.”Continue reading
SMEs miss out on £40m in interest by leaving £161bn in accounts offering pitiful returns
Recent financial research has revealed that SMEs are missing out on around £40 million a year in interest payments, by leaving their cash in bank accounts offering pitiful returns.Continue reading
Britain’s ex-regulation chief warns of indefinite low rates
Former City regulator Lord Adair Turner says the UK is “stuck in a very deep economic malaise” and “radical policies” are needed to get out of it.Continue reading
IFS claims UK taxes on motoring and alcohol are ‘a mess’
The Institute for Fiscal Studies (IFS) branded UK motoring and alcohol taxes “a mess” this week, claiming that the taxes were responsible for a shrinking share of receipts.Continue reading
Cyber-criminals hack HMRC to access online tax returns
HMRC’s intelligent technology intercepted £100 million worth of fraudulent or incorrect tax repayment claims last year – but it’s recently been revealed that some online “phishing scams” and hackers were undeterred by the safeguards.Continue reading
Changes to Sunday trading are still on the table
The Prime Minister this week revived proposals to allow shops to open for longer on Sundays.Continue reading
Only 50% of SMEs back George Osborne’s ‘Northern Powerhouse’ plan
Research from the Federation of Small Businesses (FSB) recently revealed that only 50% of small businesses in England’s north back George Osborne’s heavily publicised “Northern Powerhouse” plan.Continue reading
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