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Workers could be missing out by not checking personal tax accounts

May 16, 2019

According to the latest research from the Post Office, just under half (46 per cent) of workers have never checked their personal tax accounts. In 2015, HM Revenue & Customs (HMRC) introduced the Personal Tax Account to try and make it ...

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Does HMRC treat all businesses fairly?

May 13, 2019

According to a recent British Chamber of Commerce (BCC) survey, three in five businesses (58 per cent) believe the tax system is “fundamentally unfair”. The figures have revealed that out of 1,000 respondents, 67 per cent said they don’t feel HM ...

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Shareholders powers are not tackling excessive executive pay issues

May 09, 2019

Measures that were implemented to give shareholders the powers to veto excessive executive pay packages have failed according to new research from a think tank. Rules were put in place back in 2013, which meant all listed firms have had to ...

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More millennials saving towards financial future

May 02, 2019

According to research published by digital bank Revolut, a greater number of millennials are taking steps to prepare for their financial futures than previously thought. In the last few years, there have been several studies attempting to highlight a pattern that ...

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HMRC reveals inheritance tax payments have hit a record high

Apr 29, 2019

According to data released by HM Revenue & Customs (HMRC) inheritance tax (IHT) payments have hit a record high. In the 2018-19 tax year, IHT receipts grew by £160 million to a total of £5.4 billion. During the next two years increases ...

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European Union agrees minimum rights for gig economy workers

Apr 25, 2019

The European Union has announced an agreement on minimum rights for workers who are in casual or short term employment within the gig economy. Members of the European Parliament (MEP) approved the improvements in rights for workers, which will be made ...

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Government announce further support for UK businesses

Apr 18, 2019

The Government has announced a further wave of financial support for UK businesses in a bid to ensure that innovative firms are able to access the finances they need to grow. The additional £200 million will go towards supporting high growth ...

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Cyber-crimes can affect any business

Apr 15, 2019

Nowadays every business relies on technology to some extent to perform their everyday business tasks. However, as our reliance on digitalisation and computers evolves, data and privacy are becoming a primary concern, with an increased prevalence of cyber-related crimes. Figures have indicated ...

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Government names and shames high street giant over late payments

Apr 11, 2019

The Government’s Small Business Commissioner Paul Uppal has named and shamed high street health food giant Holland & Barrett over their payment practices. The high street chain is considered to be the biggest company to have been named and shamed to ...

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HMRC extends £8 million customs funding training deadline

Apr 08, 2019

HM Revenue & Customs (HMRC) has announced that the deadline for applications for funding from a Government initiative designed to help businesses prepare for the UK’s exit from the European Union (EU) has been extended to 31 May 2019. The £8million ...

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