Study suggests empty high streets in 2017


More than 760 businesses have ceased trading in December 2016, with more expected to follow suit in the new year, ...

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Online retailers and overseas sellers rush to register for VAT


Thousands of online retailers have rushed to register for value-added tax (VAT) since HM Revenue & Customs (HMRC) introduced a ...

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Wales secures right to set Income Tax


Wales could introduce its own Income Tax rates from April 2019 as part of a deal with the UK Treasury.Continue ...

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One in every 14 APNs issued by HMRC in error, says study


A new study suggests that one in every 14 accelerated payment notices (APNs) issued by HM Revenue & Customs (HMRC) ...

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SMEs falling behind on corporation tax payments could face penalties and asset seizures


Small and medium-sized enterprises (SMEs) are being warned of the dangers of falling behind on their corporation tax payments, after ...

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London department store to cut basic pay to save on taxes


London retailer Fortnum & Mason is attempting to persuade its workforce to accept a cut in basic pay in return ...

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SMEs set out New Year’s resolutions


The majority of the UK’s small and medium-sized enterprises (SMEs) have cost-cutting on their Christmas lists, and are eyeing up ...

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SMEs rely on personal loans and salary sacrifices to patch up cash flow, research reveals


Nearly half of all UK small and medium-sized enterprises (SMEs) are being paid late, a report has revealed.Continue reading→

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HMRC cybercrime crack down yields impressive results


HM Revenue & Customs (HMRC) claims that a recently-introduced crack down on cybercrime has already reduced the number of ‘phishing ...

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Plans to tackle tax avoidance highlighted in draft Finance Bill 2017


The Government has released a new draft of the Finance Bill 2017, which sets out proposals to use policies introduced ...

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