Those who run their own business or receive Child Benefit and are required to submit a tax return for the first time are being reminded to register for self-assessment before 5 October 2018.
Month: September 2018
Industry figures have revealed that credit card lending is rising at its fastest pace since February after the summer’s hot weather boosted retailers.
According to new research, from Hitachi Capital’s British Business Barometer, within the next three months, 67 per cent of SME owners are working on their growth plans, compared to 61 per cent last year.
The Institute of Chartered Accountants in England and Wales (ICAEW) has called on the Government to delay new off-payroll working rules in the private sector with fears that the regulations are not fit for purpose.
New figures published in the press this week reveal that HM Revenue & Customs (HMRC) is increasingly cracking down on perceived Inheritance Tax (IHT) avoidance by targeting estates it believes have undervalued residential properties.
From mid-September, workers are set to benefit from the Government’s new Help to Save scheme, which rewards savers with an extra 50p for every £1 saved. The launch of the scheme follows a successful eight-month trial, in which 45,000 workers saved over £3 million. The scheme is open to UK residents who are entitled to…
According to figures from the Institute for Fiscal Studies (IFS), earnings for UK workers are still lower than they were in 2008, having failed to recover in the decade since the financial crisis, with millennials the hardest hit.
A new study suggests that almost half (48 per cent) of small business leaders and decision-makers are feeling ‘strapped for time’ and ‘under too much pressure’ at work.
The Government announced that new laws are being put forward to Parliament to support small businesses, against unfair contracts that stop them raising money from unpaid invoices.
The Treasury has announced that it will continue to charge Class 2 National Insurance Contributions (NICs) despite promising to scrap the tax from April 2018.