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Business News
270,000 late penalty notices cancelled by the Revenue
2 May 2018
A response to a freedom of information request has revealed that HM Revenue & Customs (HMRC) cancelled 270,000 late penalty …
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OTS calls for overhaul of ‘complex’ tax charges and reliefs
2 May 2018
An overhaul of “the complex patchwork” of tax charges and reliefs affecting businesses throughout various stages of the business lifecycle …
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1.3 million SMEs hoping to branch out internationally to boost growth
2 May 2018
An annual survey suggests that some 1.3 million UK-based small and medium-sized enterprises (SMEs) intend to branch out overseas this …
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Workplace pension contributions more than double
2 May 2018
The percentage of salary employers and employees must contribute to a workplace pension has increased from 6 April 2018. Employees …
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Dividend Allowance cut could cost you £1,143. Is it time to restructure?
2 May 2018
For a while, company directors have been able to make a tax-efficient living by taking a combination of salary and …
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Do you offer an EMI scheme? These are the new rules you need to know about
2 May 2018
EU State Aid approval for the Enterprise Management Incentives (EMI) scheme expired on 6 April 2018, meaning any share options …
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Millions of people have not checked their online tax accounts for errors
5 Apr 2018
Millions of people from across the UK could be paying more tax than they need to, it has emerged, after …
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Late payments in the spotlight after Carillion collapse
5 Apr 2018
Small businesses in the UK have long been scourged by late payments, but the problem was brought into sharp focus …
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Quarterly digital reporting to HM Revenue & Customs opens to self-employed individuals
5 Apr 2018
Since March this year, self-employed individuals have had the option of reporting their income digitally to HM Revenue & Customs …
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HMRC takes new steps to tackle online VAT fraud
5 Apr 2018
HM Revenue & Customs (HMRC) has been granted new powers to help combat online VAT fraud conducted on digital marketplaces. …
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