According to data released by HM Revenue & Customs (HMRC) inheritance tax (IHT) payments have hit a record high. In the 2018-19 tax year, IHT receipts grew by £160 million to a total of £5.4 billion. During the next two years increases ...
READ MOREThe European Union has announced an agreement on minimum rights for workers who are in casual or short term employment within the gig economy. Members of the European Parliament (MEP) approved the improvements in rights for workers, which will be made ...
READ MOREThe Government has announced a further wave of financial support for UK businesses in a bid to ensure that innovative firms are able to access the finances they need to grow. The additional £200 million will go towards supporting high growth ...
READ MORENowadays every business relies on technology to some extent to perform their everyday business tasks. However, as our reliance on digitalisation and computers evolves, data and privacy are becoming a primary concern, with an increased prevalence of cyber-related crimes. Figures have indicated ...
READ MOREThe Government’s Small Business Commissioner Paul Uppal has named and shamed high street health food giant Holland & Barrett over their payment practices. The high street chain is considered to be the biggest company to have been named and shamed to ...
READ MOREHM Revenue & Customs (HMRC) has announced that the deadline for applications for funding from a Government initiative designed to help businesses prepare for the UK’s exit from the European Union (EU) has been extended to 31 May 2019. The £8million ...
READ MOREThe Government has launched a consultation on changes to research and development (R&D) tax credits which are intended to prevent businesses from abusing the scheme for small or medium-sized enterprises (SME). The plans which were first announced during last year’s budget ...
READ MOREAs of today, UK based businesses that have a taxable turnover above the VAT threshold of £85,000 will be required to switch to the new digital tax service to report earnings and calculate VAT owed. HM Revenue and Customs (HMRC) had previously ...
READ MOREBarclays bank has announced plans for a major lending fund worth £14 billion pounds, which will help small and medium enterprises (SMEs) to flourish once the UK has left the European Union (EU). Recently, the Bank of England’s Governor Mark Carney ...
READ MOREHM Revenue & Customs (HMRC) has warned that registration for Making Tax Digital (MTD) for VAT will take up to seven days to complete and will not be a real-time service. In the latest piece of guidance for businesses who need ...
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