Taxpayers prepare for 2019 loan charge

20 Jul 2018

HM Revenue & Customs (HMRC) is expecting to raise some £3.2 billion in taxes as part of its crackdown on “disguised” remuneration schemes.

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30 per cent of UK adults do not fully understand Inheritance Tax

13 Jul 2018

New research suggests that almost a third (30 per cent) of Britons aged 55 and over are confused about Inheritance Tax (IHT) due to the fact they do not fully understand key IHT terminology. In a survey carried out by insurer Alan Boswell in June, half (44 per cent) of Britons quizzed said that they […]

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Regulators increasingly cracking down on auto-enrolment failings

09 Jul 2018

Small and medium-sized enterprises (SMEs) are being warned to ensure that they are fully compliant with their auto-enrolment obligations, after it emerged that regulators are increasingly cracking down on businesses that fall foul of the rules. Under existing rules, employers are required to ‘automatically enrol’ almost all of their staff into a workplace pension scheme. […]

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Government ‘names and shames’ employers found to have underpaid workers

06 Jul 2018

The Government has today ‘named and shamed’ a further 239 employers found to have paid workers less than the National Minimum Wage. In a new report published in collaboration with the Low Pay Commission, HM Revenue & Customs (HMRC) said it has identified approximately 22,400 workers who have been underpaid a total of £1.44 million. […]

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Q1 economic growth revised upwards

02 Jul 2018

In a surprise move, the UK’s economic growth has been revised upwards for the first quarter (Q1) of 2018.

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SME retailers anticipating summer sales boost

28 Jun 2018

Small and medium-sized enterprises (SMEs) in the retail sector are anticipating strong sales over the course of the summer, spurred on largely by this year’s unusually strong British sunshine, a new report reveals.

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Are you a “stressed” out parent? Make sure you’re making full use of the tax-free childcare allowance

27 Jun 2018

Parents have been reminded to make use of the £2,000 tax-free childcare allowance over the summer holidays to help with the cost of care.

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‘Poor workplace culture’ is costing SMEs thousands of pounds, study suggests

25 Jun 2018

UK small and medium-sized enterprises (SMEs) are losing thousands of pounds in potential output due to poor workplace culture, a new study suggests.

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