Small businesses say the Government should simplify business rates

Posted in Latest News on July 3, 2018

A survey has revealed strong support from the UK’s small business community for measures to simplify business rates. A total of 71 per cent of the small …
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UK’s tax gap continues to fall

Posted in Latest News on July 3, 2018

Figures released by HM Revenue & Customs (HMRC) show that the UK’s tax gap – the difference between tax owed and actual receipts – is continuing …
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Gifts out of income and their benefits to beneficiaries

Posted in Latest News on June 13, 2018

Giving away surplus income as a gift to family members is often touted as an excellent way of planning for the future and as a way of reducing liabilities …
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Employers attempting to avoid auto-enrolment penalties could have assets seized

Posted in Latest News on June 13, 2018

The Pensions Regulator (TPR) has announced that employers could have their businesses’ assets seized to pay their debts if they fail to pay workplace …
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Twice as many workers receiving back pay through National Minimum Wage enforcement

Posted in Latest News on June 13, 2018

According to HM Revenue & Customs (HMRC), the number of underpaid workers getting the money they are owed under the National Minimum Wage (NMW) legislation …
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Government Brexit redeployments to delay Making Tax Digital for Individuals

Posted in Latest News on June 13, 2018

A number of key projects at HM Revenue & Customs (HMRC) have been placed on hold to make staff available for Brexit issues, including Making Tax Digital …
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Replace Inheritance Tax with ‘lifetime receipts tax’, argues thinktank

Posted in Latest News on June 13, 2018

With the issue of intergenerational fairness continuing to be high on the agenda, a thinktank has suggested that the Treasury returns to the drawing board …
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Ministers make an about-turn on tax haven transparency measures

Posted in Latest News on June 13, 2018

In a reverse of its previous position, the Government has backed measures to increase the transparency of offshore tax havens. The measures will compel …
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Vigilance urged as fraudsters fake security measures to access bank accounts

Posted in Latest News on June 13, 2018

Businesses and individuals are being encouraged to redouble their vigilance as fraudsters fake security measures in order to gain the information needed …
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‘Bank of Mum and Dad’ feels the squeeze

Posted in Latest News on June 13, 2018

The average amount contributed by parents towards home purchases has fallen by 17 per cent over the last year, according to Legal & General (L&G). …
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