Businesses reminded to take steps to prepare for upcoming payroll changes

Posted in Blog, Business, Business Blog, Employees, HMRC, Legal, Payroll, SME, SMEs, SMEs / Business, Wages on January 24, 2019

Business owners in the UK are being reminded to take sufficient measures to prepare their businesses for the upcoming changes to legislation regarding …

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Making Tax Digital pilot has been extended to partnerships and flat rate schemes

Posted in Blog, MTD on January 24, 2019

Making Tax Digital’s (MTD) deadline is looming, with companies above the turnover threshold of £85,000 well underway when it comes to training their …

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Employment and overall wages hit record highs

Posted in Blog, Business, Business Blog, Economy, Employees, Finance, Inflation, SMEs / Business, Wages on January 23, 2019

In November, Britain saw the largest rise in overall real wages since September 2016, raising the spending power of the average British worker to the highest …

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HMRC wrongly issue fines before the self-assessment deadline

Posted in Blog, HMRC, Tax, Tax Blog on January 21, 2019

It has been revealed that Her Majesty’s Revenue & Customs (HMRC) has wrongly issued millions of fines to taxpayers, just weeks before the self-assessment …

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Can you save more than £355 on this year’s self-assessment?

Posted in Blog, HMRC, Income Tax, Personal Tax, Tax, Tax Blog on January 18, 2019

Self-employed taxpayers may be failing to claim on average £1,687 in tax-deductible expenses, a new report has revealed.

HMRC shifting the “tax burden” onto UK consumers

Posted in Blog, HMRC, Tax, Tax Blog, VAT on January 16, 2019

Accounting experts have accused HMRC of shifting the “tax burden” onto UK consumers after finding that 21 per cent of their total income is accounted …

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HMRC crackdown on online tax evasion in the UK

Posted in Blog, Business, Business Advice, Business Blog, HMRC, VAT on January 14, 2019

The Joint and Several Liability (JSL) notices, were introduced in 2016 to protect British businesses from being undercut by overseas sellers committing …

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Businesses to be named and shamed under proposed new late payment system

Posted in Blog, Business, Business Blog, Business News, Finance, SME, SMEs, SMEs / Business on January 10, 2019

A newly proposed traffic light system could be used to put a spotlight on businesses with track records of late payments.

High Street sales continue to fall in December as retailers faced worst sales on record

Posted in Blog, Business, Consumer Spending, Economy on January 9, 2019

For the sixth year in a row, sales have fallen on Britain’s high streets in December.