SMEs Need Help From Accountants For Auto-Enrolment
A new survey from a workplace pension provider has found that almost half of small and medium-sized enterprises (SMEs) have yet to consider how they will find a pension scheme to comply with auto-enrolment and many are turning to accountants for support.Continue reading
Thousands Could Have Bank Accounts Raided By The Taxman
HM Revenue & Customs (HMRC) has outlined plans for new powers to recover money from anyone who owes more than £1,000 in tax by taking it direct from their bank accounts. The plans are currently going through the consultation process and, if approved by Parliament, will take effect in 2015-16.Continue reading
Employment Surge Set To Continue
Nearly half a million more people are expected to enter the workforce in the next 12 months, according to new research by the Institute of Chartered Accountants in England and Wales (ICAEW).Continue reading
UK is “Top of the List” for doing business
The overhaul of the UK’s corporation tax regime is making the UK a very attractive place for multinationals to do business, with hundreds of them lining up to establish operations here.Continue reading
Manufacturing growing faster than predicted
The pound rose to a near five-year high against the dollar yesterday (May 1) after the Markit/CIPS Manufacturing Purchasing Managers’ Index (PMI) jumped to 57.3 from a revised 55.8 in March.Continue reading
More People Than Ever In 40p Tax Rate Band By 2015
New figures from HM Revenue & Customs (HMRC) show that the number of people in the 40p rate tax bracket will rise from 3.5 million to 4.6 million by the time of the next election.Continue reading
Paym Makes Payments Easy
A revolutionary new mobile banking app that allows money to be transferred between accounts using just telephone numbers launched yesterday (April 29) but most bank customers will have no immediate access to the technology and many will not be able to use the system fully until 2015.Continue reading
Economic Growth Rises In Q1
Figures published today (April 29) by the Office for National Statistics (ONS) show that the UK economy grew again in the first three months of the year, marking the fifth consecutive period of GDP growth.Continue reading
Economic Outlook “Exceptionally Strong”
Economic growth continued to gather pace in April, alongside predictions of even stronger growth in the next quarter, according to the latest CBI Growth Indicator, published today (April 28).Continue reading
Optimism abounds
Retailers reported increased sales for the fifth consecutive month in April, reflecting “stronger fundamentals” in the sector, with optimism climbing to its highest level in more than three years.Continue reading
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