Millions of workers boosting incomes through side businesses
Aug 05, 2019
According to the latest research, millions of British workers are boosting their income through 'side hustles'. The study of adults in full-time employment by Vistaprint found that almost a quarter of respondents had turned a hobby into a side business alongside ...
READ MORE
Best UK cities for female entrepreneurship revealed
Aug 01, 2019
According to the latest research by Clydesdale Bank Yorkshire Bank (CYBG), Bristol and Sheffield are the two best cities in the UK for female entrepreneurs. The findings come following a study into the attitudes and opinions of 2,000 small business owners ...
READ MORE
Workers missing out on £140 million in unclaimed expenses
Jul 29, 2019
New research has revealed that workers in the UK choose to miss out on £140 million a year in unclaimed work expenses, rather than go through the complex expense claim process. The survey was conducted by smart business spending solution Soldo, ...
READ MORE
HMRC investigates a quarter of estates that pay IHT
Jul 25, 2019
In the 2018 to 2019 tax year, HMRC opened 5,537 inheritance tax (IHT) investigations, which equated to almost a quarter (23 per cent) of the 22,000 estates on which the tax is applicable. IHT is levied at a rate of 40 ...
READ MORE
Everything you need to know about electric company cars and tax
Jul 22, 2019
The number of electric cars in Britain recently hit the 200,000 milestone, indicating that the UK is finally coming round to the inevitable idea of an emission-free future. But why wait until then? Electric car owners are already experiencing the cost-saving ...
READ MORE
VAT Reverse Charge for building and construction services – What you need to know
Jul 18, 2019
In an attempt to tackle fraud in the construction industry, HM Revenue & Customs (HMRC) is be introducing a domestic reverse charge which will take effect from October 2019. The reverse charge legislation will now place the responsibility on a contractor ...
READ MORE
HMRC defeated in latest high profile IR35 case
Jul 15, 2019
A radio presenter has become the latest high profile person to win an IR35 tribunal case against HM Revenue & Customs (HMRC). The latest case involved Paul Hawksbee, a presenter on Talksport radio, who appealed an IR35 determination over a £140,000 ...
READ MORE
Managing business expenses is the biggest headache for SMEs
Jul 11, 2019
According to the latest research, managing travel costs and business expenses are the two biggest headaches for businesses in the UK. The research by Allstar Business Solutions looked into the concerns of 1,000 small and medium-sized enterprises (SMEs). They found that employers ...
READ MORE
Could the IHT seven-year rule on gifts be cut to five?
Jul 08, 2019
At present, when someone dies within seven years of passing on money, property or possessions to loved ones, tax of up to 40 per cent must be paid. However, the Office of Tax Simplification (OTS) has recently suggested that this deadline ...
READ MORE
Over 800 cyber incidents reported to FCA by financial firms last year
Jul 04, 2019
According to new data obtained via a freedom of information request, financial services firms reported 819 cyber incidents to the Financial Conduct Authority (FCA) during 2018. The figures show a substantial rise compared to the 69 incidents which were reported in ...
READ MORE
© Walker Begley 2016. All rights reserved. Registered to carry out audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. WB Financial Management Ltd is an appointed representative of LJ Financial Planning Ltd which is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales no. 5280582
- Privacy
- Terms & Conditions
- VAT number: 107 1775 25
- The information required by the ‘Provision of Services Regulations’ is on display at our office.