Fall in number of arrests for tax evasion
Nov 28, 2019
According to industry figures, the number of people arrested in the UK on suspicion of tax evasion has reached the lowest level for five years. The figures obtained by law firm RPC revealed that there were 782 arrests made during 2018/19, ...
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A tax guide for SMEs
Nov 25, 2019
According to accounting software provider, QuickBooks, over 50 per cent of UK small and medium-sized enterprise (SME) owners have made a mistake when filing their VAT returns, while just a quarter (25 per cent) feel confident that they have filed their ...
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Majority of employees uncomfortable discussing finances at work
Nov 21, 2019
According to the latest research, two-thirds of employees do not feel comfortable talking about their finances at work, despite more than a fifth of people struggling to make ends meet. The research published by Business in the Community as part of ...
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Business owners hit by flooding granted “immediate relief” from business rates
Nov 18, 2019
Business owners hit by recent flooding will have “immediate relief” on their business rates, it has been announced. Confirming the move today, the Prime Minister said both businesses and households will be exempt from council tax and business rates. It comes after ...
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Millions at risk of being left behind by a cashless society
Nov 14, 2019
According to the latest research, cash usage is declining throughout the world, with credit/debit cards, bank transfers and eWallets becoming the most popular method of payment during the last year. The increase in the use of contactless payments systems has also ...
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HMRC’s five money-saving tips
Nov 11, 2019
HM Revenue and Customs (HMRC) has highlighted five money-saving tips to help boost your finances. First-Time Buyers’ Relief If you are a first-time buyer you can claim First-Time Buyers Relief on your property purchase made on or after 22 November 2017. This means that you ...
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Government announces £56 million funding to boost business productivity
Nov 07, 2019
The Government has launched a new £56 million wave of funding in a bid to boost productivity throughout the UK economy. The UK ranks as one of the best places in the world to start and grow a business, with around ...
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Everything you need to know about electric company cars and tax
Nov 05, 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 ...
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Calls for HMRC to simplify the UK’s tax system for self-employed and landlords
Nov 04, 2019
A Government adviser has said that the UK’s tax system is causing issues for self-employed individuals and private landlords and therefore HM Revenue & Customs (HMRC) should consider simplifying it. Due to the rise of the gig economy, there are now ...
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Personal insolvencies on the verge of highest level for a decade
Oct 31, 2019
According to official figures, the number of people facing insolvency is set to reach the highest level for almost a decade, following an annual increase of more than 22 per cent in December. The figures showcase the ongoing problem many British ...
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