UK businesses who share data with organisations in the European Economic Area (EEA) will need to take steps to ensure they continue to comply with data protection laws should the…
SMEs striving for growth in 2019 with half looking to increase headcount
With continuing tough economic uncertainty, UK SMEs are still eager to grow their headcount by an average of 21 per cent over the next 12 months, according to new research…
What happens if I have been selected for a tax investigation?
Being subjected to a tax investigation can be a very stressful experience. Any person or business can be selected for an HM Revenue & Customs (HMRC) investigation at potentially any…
ICAEW reveal valentine’s tax benefits
It may not be the most romantic reason to propose but with valentine’s day just a few days away the ICAEW are highlighting the tax benefits of getting married or…
Government promises simplified customs procedures in event of no-deal Brexit
HM Revenue & Customs (HMRC) will introduce a simplified importing procedure for businesses trading with the EU should the UK leave without a deal in March.
HMRC takes new measures to toughen stance on debt recovery
HM Revenue and Customs (HMRC) has toughened its stance on debt recovery, by taking money owed to them directly from hundreds of pay packets during the last financial year.
SMEs: The importance of purpose
The importance of purpose for the UK’s small and medium-sized enterprises (SMEs) has been explored in a recent report. It found that a massive 91 per cent said that a…
Record number of Self-Assessment tax returns filed by the deadline
HM Revenue and Customs (HMRC) has revealed that a total of 93.68 per cent of Self-Assessment tax returns were filed by the deadline.
Trading after Brexit: What is an EORI number and why do I need one?
The Government has written to more than 145,000 VAT-registered businesses across the UK, explaining the potential changes to customs, excise and VAT in the event that the UK leaves the…
Could corporation tax cuts lose the UK £6.2 billion a year?
Although the government has stated that cuts in corporation tax will ultimately increase revenue, HMRC has argued that it could actually cost the public around £6.2 billion a year.
