Taxpayers treated unfairly by HMRC, says House of Lords report - 04/01/2019

The House of Lords Economic Affairs Committee has criticised some of the powers granted to HM Revenue & Customs (HMRC), describing them as disproportionate and lacking effective taxpayer safeguards.


Taxpayers offered online tool to assess their self-assessment requirement - 04/01/2019

It should seem obvious whether an individual must submit a self-assessment tax return annually. Yet, each year, thousands of people find themselves brought into the regime unwittingly.


Tax rates rise twice as fast in the UK than the international average - 04/01/2019

According to the Organisation for Economic Co-operation and Development (OECD), UK tax revenue as a percentage of GDP rose to 33.3 per cent in 2017.


An end to the Entrepreneurs' Relief 'dilutions dilemma'? - 04/01/2019

As a business takes off, the level of investment it needs in order to expand can significantly outpace growth in revenues and profits.


Brexit uncertainty sends small business confidence to a seven-year low - 04/01/2019

Confidence amongst small businesses has tumbled to a seven-year low – in part due to the uncertainty of Brexit.


Debt recovery costs small businesses an average of £9,000 - 04/01/2019

The cash flow difficulties that late payments cause small businesses are well known. However, the cost of recovering late payments is less well publicised, despite being a major and growing expense – coming in at around £9,000 last year for an average business.


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