Content Tagged with UK
In a speech to the Confederation of British Industry (CBI) the Chancellor promised tax cuts for businesses in the Autumn Budget.
The government has confirmed that student loan interest rates will remain at 7.3% from September 2022.
Lending to SMEs in the UK is the lowest it has ever been with fewer than one in ten small businesses applying for finance in the first quarter.
In the run-up to the 31 July renewals deadline for tax credits, HMRC has warned that fraudsters are targeting claimants with scam emails, fake websites, and text messages.
The number of company insolvencies in April has doubled compared with the same period last year.
Companies House will soon be writing to all overseas entities which need to report property ownership under the Economic Crime (Transparency and Enforcement) Act.
A fifth of UK workers expect to leave their current job in the next 12 months reveals PwC’s Global Workforce Hopes and Fears survey.
HMRC has updated the guidance on changes to the National Insurance threshold due to come into effect from July.
Nearly 40% of respondents to the latest HMRC IPSOS research on Making Tax Digital said that it would be difficult to start reporting income tax on a quarterly basis when rules come into force in 2024.
KPMG plans to double the size of its specialist digital development team, with recruitment drive to hire 3,500 developers in the next three years.
Tax advisers wonder whether tax motivated incorporation still has a place in light of tax changes coming in 2023 and look at tax efficient profit extraction for existing companies.
With the cost of living crisis, businesses need to focus on retaining staff and factoring pay increases into overall profitability, explains Stuart Clark, managing director of accountancy firm Russell & Russell.
In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates from deadline for Forms P46(Car), confirmation statements showing taxed benefits and corporation tax filing.
HMRC is targeting self-employed workers who overclaimed coronavirus grants during the pandemic, warns RSM.
As part of its clampdown on tax avoidance promoters, HMRC is warning taxpayers not to sign up to a payroll scheme promoted by London-based Peak PAYE Ltd.
A fish seller, buy-to-let landlords and a crypto investor, not to mention an accountant and bookkeeper, all failed to pay their taxes and face millions of pounds in penalties.
The government plans to shake up debt repayments to try to reduce the number of voluntary insolvencies.
Most non-domestic property will be liable for business rates, which essentially serve as an occupier’s tax.
Bank of England (BoE) chief Andrew Bailey defended his performance before MPs, stating that there was nothing else the Bank could have done to prevent inflation from rising to double digits.
