Wages showing fastest increase in almost a decade

Posted in Blog, Business, Economy, Employees, Payroll, Savings, Wages on November 15, 2018

According to the latest figures from the Office for National Statistics (ONS), wages rose at the fastest pace in nearly a decade in the three months to …
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SMEs more likely to suffer cyber attacks than larger firms, study suggests

Posted in Blog, Business Blog, SME, SMEs, SMEs / Business on November 14, 2018

New official research suggests that small and medium-sized enterprises (SMEs) are more likely to encounter a cyber attack or data breach than larger firms …
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Bringing tax into the 21st century

Posted in Blog, HMRC, MTD on November 12, 2018

In a world where everything is done online such as banking, paying bills and shopping, it makes sense for HM Revenue and Customs (HMRC) to bring tax affairs …
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Second-home tax rules to be reviewed, says Government

Posted in Blog, HMRC, Property, Tax, Tax Blog on November 9, 2018

The tax rules for second-homes are to be reviewed by the Government after a “loophole” was discovered which could be costing local councils millions …
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HMRC considering reforming trusts that allow families to pay less inheritance tax

Posted in Blog, HMRC, Inheritance, Tax, Tax Blog on November 8, 2018

Hundreds of thousands of taxpayers could be affected by potential reforms of the financial arrangements that allow them to pass on their wealth.

Amount of VAT outstanding from UK businesses hits five-year high

Posted in Blog, HMRC, Tax, Tax Blog, VAT on November 7, 2018

HM Revenue & Customs (HMRC) is owed a record £3 billion in outstanding VAT payments by UK businesses, it has emerged.

How the Budget has affected high earners

Posted in Blog on November 5, 2018

Since the autumn Budget, it is estimated that there are now one million people who will effectively face a 60 per cent tax rate on their income. The current …
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High Income Child Benefit Charge taxpayers may be entitled to a penalty refund

Posted in Blog, HMRC, Tax, Tax Blog on November 2, 2018

High Income Child Benefit Charge penalty cases will be reviewed and refunds issued if it is found that the customer had a reasonable excuse for not meeting …
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Majority of Britons to pay less income tax following changes announced in Budget

Posted in Blog, HMRC, Personal Tax, Tax, Tax Blog on October 31, 2018

The majority of Britons will pay less income tax from April 2019 following important changes announced in this week’s Autumn Budget.

HMRC criticised for being ‘too aggressive’ to taxpayers

Posted in Blog, HMRC on October 29, 2018

HM Revenue and Customs (HMRC) level of aggression towards taxpayers has shocked MPs.