‘True costs’ of Making Tax Digital still unclear, says Treasury Committee


The Treasury Committee has again called on HM Revenue & Customs (HMRC) to provide greater clarity on the true costs ...

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12 per cent rise in winding-up applications to recover unpaid tax


A new study suggests that the number of winding-up applications issued by HM Revenue & Customs (HMRC) to small and ...

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New technology to see cheques clear within one working day


From October this year, businesses that pay cheques into their accounts will be able to get the money cleared within ...

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Tax-free childcare coming this April


From 28 April this year, parents with young children will be able to claim tax-free childcare against their yearly income.Continue ...

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Inflation rises past BoE’s two per cent target


The UK’s inflation rate jumped from 1.8 per cent in January to 2.3 per cent in February, the Office for ...

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Fines of up to £3,000 for failure to comply with Making Tax Digital, says HMRC


Taxpayers who fail to use Making Tax Digital, the Government’s all-new digital tax system, will face fines of up to ...

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Country’s wealthiest burdened by increasing taxes, says study


The tax burden on the country’s wealthiest individuals has nearly tripled since the 1970s, a study has revealed.Continue reading→

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This is what entrepreneurs love about being their own boss


Owners of small and medium-sized businesses (SMEs) have shared what they love about running their own business The research, published ...

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Don’t get delayed over Easter weekend, say payment experts


Experts have urged businesses to “plan ahead” so that payments to staff and suppliers do not get delayed over the ...

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Parliament will not hike NICs for self-employed, says Chancellor


The Chancellor has today announced that the Government will not go ahead with planned hikes in National Insurance Contributions (NICs) ...

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