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Helen Smith
Sep 29, 20211 min read
IoD urges government to reduce planned level of business tax rises
The Institute of Directors (IoD) is urging the government to use the upcoming Budget to reduce the planned level of business tax rises....
Lynne Gowers
Sep 26, 20211 min read
Government announces plans to make requesting flexible working a day one right
UK workers could get more choice over when and where they work under new proposals to make the right to request flexible working a day...
hello426762
Sep 22, 20211 min read
Making Tax Digital for Income Tax self assessment delayed for a year
The government has delayed the introduction of Making Tax Digital (MTD) for Income Tax self assessment (MTD for ITSA) for a year, HMRC...
Lynne Gowers
Sep 21, 20211 min read
Inflation sees sharpest increase on record
Inflation rose to 3.2% last month from 2% in July – its largest ever recorded increase, according to the Office for National Statistics...
Lynne Gowers
Sep 15, 20211 min read
Chancellor to deliver Autumn 2021 Budget on 27 October
HM Treasury has announced that Chancellor Rishi Sunak will deliver the Autumn 2021 Budget on Wednesday 27 October. On 7 September the...
Lynne Gowers
Sep 9, 20211 min read
FSB suggests business rates system ‘disincentivises investment’
The Federation of Small Businesses (FSB) has stated that the current business rates system in England serves to ‘disincentivise...
hello426762
Sep 8, 20211 min read
Tax-Free Childcare can ease the cost of the return to school, says HMRC
Families may be eligible for Tax-Free Childcare (TFC) to help pay for breakfast clubs and after school clubs as their children go back to...
Lynne Gowers
Sep 6, 20211 min read
UK recovery slows as staff shortages take their toll
Staff and supply shortages have taken their toll on the UK's economic recovery, according to the latest IHS Markit/CIPS Purchasing...
hello426762
Sep 5, 20211 min read
Contactless limit to increase to £100 from 15 October
The national roll-out of the new £100 spending limit for contactless card payments will begin from 15 October 2021, trade body UK Finance...
Lynne Gowers
Sep 4, 20211 min read
HMRC urges taxpayers to stay alert to digital scams
HMRC has urged taxpayers to stay alert to the threat of digital scams and scammers claiming to represent HMRC. Research published by HMRC...
hello426762
Aug 31, 20211 min read
Deadline looms for parents to update Child Benefit for 16-year-olds
HMRC has reminded parents and carers that they have until 31 August 2021 to confirm whether their teenagers are staying in full-time...
Lynne Gowers
Aug 25, 20211 min read
Study reveals 83% of businesses not aware of Plastic Packaging Tax
A survey carried out by resource management firm Veolia has revealed that 83% of businesses polled were not aware of the Plastic...
hello426762
Aug 23, 20211 min read
IoD warns staff shortages ‘could undermine recovery’
The Institute of Directors (IoD) has warned that staff shortages could impact the UK’s economic recovery from the coronavirus (COVID-19)...
Lynne Gowers
Aug 20, 20211 min read
UK partners and sole traders face bigger tax bills in 2022
Sole traders and partners are likely to face bigger tax bills than expected next year after a government proposal to change the date...
hello426762
Aug 15, 20211 min read
Two-fifths of freelancers lost over 40% of turnover during pandemic
Two out of every five freelancers suffered a loss of over 40% of turnover during the coronavirus (COVID-19) pandemic, according to...
Lynne Gowers
Aug 13, 20211 min read
BCC calls for government to extend skills training
The British Chambers of Commerce (BCC) has urged the government to extend skills training in light of the publication of research which...
hello426762
Aug 10, 20211 min read
Employers ‘named and shamed’ for paying less than minimum wage
The government has ‘named and shamed’ 191 companies that have broken national minimum wage laws. Following investigations by HMRC, the...
Lynne Gowers
Aug 8, 20211 min read
Digital marketplaces to report sellers’ incomes from 2023, HMRC confirms
HMRC has published a consultation which outlines plans to implement reporting rules for digital platforms first put forward by the...
hello426762
Aug 7, 20211 min read
ICAEW urges HMRC to scrap VAT exemptions
In response to HMRC’s consultation on simplifying the rules relating to land and property, the Institute of Chartered Accountants in...
hello426762
Jul 18, 20211 min read
Government announces simplified tax reporting for self-employed and small firms
Changes to the tax system that will make it easier for small businesses to fill out their returns have been announced by the government....