Business News

HMRC given an extra £5.3 million to enforce minimum wage compliance

Posted in Business News | Posted on 7 Aug, 2017

According to the Government’s latest Labour Market Enforcement Strategy report HM Revenue & Customs (HMRC) is to receive an additional £5.3 million of funding in 2017/18 to ensure businesses are…

Read More…

Credit and debit card charges to be banned as cashless economy grows

Posted in Business News | Posted on 7 Aug, 2017

From January next year businesses across the UK need to ensure that consumers are no longer being charged extra for paying by debit or credit card, according to new legislation from the Government. It…

Read More…

Two fifths of SMEs say investment plans have been negatively affected by Brexit

Posted in Business News | Posted on 7 Aug, 2017

A new survey from the Confederation of British Industry (CBI) has revealed that more than 40 per cent of UK businesses believe that Brexit has hurt their investment plans. The Confederation’s latest…

Read More…

Taylor report recommends review of cash-in-hand

Posted in Business News | Posted on 7 Aug, 2017

Cash-in-hand payments should be replaced with technology driven alternatives in the hopes of collecting up to £6 billion more in tax – this is the conclusion of a Government-commissioned review…

Read More…

Making Tax Digital delayed by at least a year for the majority of businesses

Posted in Business News | Posted on 7 Aug, 2017

The Government has announced that it plans to delay the full implementation of digital taxation until 2020. Making Tax Digital (MTD), the details of which will be included in the upcoming Finance Bill…

Read More…

Landlords – unpaid tax should be declared sooner rather than later

Posted in Business News | Posted on 7 Aug, 2017

Landlords are being advised that HM Revenue & Customs (HMRC) is redoubling its efforts to crackdown on individuals who fail to properly report their taxes. A number of reports have emerged recently…

Read More…

Scammers take advantage of businesses ignorance on EU VAT rules

Posted in Business News | Posted on 7 Aug, 2017

Businesses across the UK are being targeted by scammers who are charging them to update companies VAT registration numbers online, when it is not necessary. Typically businesses are told that as part of…

Read More…

Property tax for residential landlords laid bare in our free video

Posted in Business News | Posted on 7 Aug, 2017

The rules and regulations surrounding letting residential properties in the UK are complex and confusing. Both first-time landlords and those managing an expanding property portfolio have a lot to keep…

Read More…

I’m a non-resident landlord. Do I have to file a tax return in the UK?

Posted in Business News | Posted on 14 Jul, 2017

If you have lived abroad for six months or more in a year, you are classed as a “non-resident landlord”, and the income you receive from renting out your home whilst abroad is taxable in the UK. All…

Read More…

Persons of Significant Control – changes to Companies House Reporting

Posted in Business News | Posted on 14 Jul, 2017

Last year saw a raft of changes come into effect at Companies House. Amongst the measures introduced was the requirement for companies to maintain a register of Persons of Significant Control (PSCs). New…

Read More…