News

15 Aug

Research finds over £2 billion stolen via credit card fraud in last year

Research carried out by comparison website comparethemarket.com has revealed that more than £2 billion has been stolen from individuals' debit and credit card accounts in the last year.

14 Aug

Almost two-thirds of over-50s will 'retire later than expected', survey suggests

A survey carried out by insurance firm Aviva has found that 63% of over-50s in work are planning to retire later than they previously intended.

13 Aug

Official figures reveal boost in UK economic growth

Figures published by the Office for National Statistics (ONS) have revealed a boost in UK economic growth.

10 Aug

CIOT welcomes MTD for VAT 'soft landing' concession for taxpayers

The Chartered Institute of Taxation (CIOT) has welcomed the legal status given to the Making Tax Digital for VAT (MTD for VAT) 'soft landing' period, which is intended to help taxpayers who may find it difficult to comply with the IT demands associated with the initiative.

09 Aug

Survey suggests mental health becoming 'less taboo' in UK workplaces

A survey carried out by the British Chambers of Commerce (BCC) and insurer Aviva has suggested that discussing mental health in the workplace is becoming 'less taboo' for both employers and employees.

08 Aug

HMRC urges taxpayers to declare offshore assets

HMRC is urging UK taxpayers to declare foreign income or profits on offshore assets ahead of the 30 September 2018 Requirement to Correct (RTC) disclosure deadline.

07 Aug

Extend gender pay gap reporting to include small firms, urges Committee

A report published by the Business, Energy and Industrial Strategy (BEIS) Committee has stated that the gender pay gap reporting initiative should be extended to include firms with 50 employees or more.

06 Aug

IoD states UK businesses 'left in the dark' in regard to Brexit plans

The Institute of Directors (IoD) has stated that UK businesses have been 'left in the dark' in regard to the government's Brexit plans.

03 Aug

Business groups respond to interest rates rise

Business groups, including the Confederation of British Industry (CBI), the British Chambers of Commerce (BCC) and the Institute of Directors (IoD) have responded to the Bank of England's decision to raise interest rates for the second time in a decade.

02 Aug

Official data reveals 'record amount' of inheritance tax collected by HMRC

Official figures have revealed that HMRC collected a 'record amount' of inheritance tax (IHT) in the 2017/18 tax year.

01 Aug

Brexit will 'hurt UK and EU member state economies', warns IMF

The International Monetary Fund (IMF) has warned that Brexit will adversely affect the UK economy, alongside the economies of EU member states.

31 Jul

New review to consider the impact of ‘cashless technology’

An independent review has been set up to examine the impact and implications of using new technology to make payments over the course of the next five to 15 years.

30 Jul

'One in twelve workers' not taking full holiday entitlement

With the holiday season now in full swing, a recent study has suggested that over a million employees do not currently take their full holiday entitlement.

27 Jul

Treasury Committee calls for reformation of tax relief on pensions

In a new report, the Treasury Committee has called for the government to reform tax relief on pensions.

26 Jul

BCC urges HMRC to 'cut the complexity' associated with tax administration

The British Chambers of Commerce (BCC) has urged HMRC to 'reverse the burden and complexity' associated with tax administration and compliance.

25 Jul

Keep workplaces cool during heatwave, TUC urges employers

The Trades Union Congress (TUC) has urged employers to keep their workplaces cool during the heatwave, and to be lenient with their employees in regard to dress codes and flexible working in order to help them work as comfortably as possible.

24 Jul

HMRC launches new consultation on pensions cold calling ban

Following a previous consultation on the matter, HMRC has launched a new technical consultation on draft proposals to ban pensions cold calling.

23 Jul

Investment in innovation needed to 'help boost SME productivity', states FSB

The Federation of Small Businesses (FSB) has urged the government to invest in innovation in order to help 'boost productivity' amongst small and medium-sized enterprises (SMEs).

20 Jul

'Record amount' of tax collected by HMRC

A 'record amount' of tax has been collected by HMRC, official data has revealed.

19 Jul

OBR warns tax rises will be required to fund health service spending

In its latest Fiscal Sustainability Report (FSR), the Office for Budget Responsibility (OBR) has warned that tax rises or spending cuts will be required in order to fund planned increases in the NHS budget.

18 Jul

Business confidence 'reaches two-year high', research suggests

Research carried out by Lloyds Bank has revealed that confidence amongst UK firms has 'reached a two-year high'.

17 Jul

FRC publishes new Corporate Governance Code

The Financial Reporting Council (FRC) has published a revised Corporate Governance Code, which 'emphasises the importance of positive relationships between companies, shareholders and stakeholders'.

16 Jul

Government urged to 'pick up the pace' in regard to Apprenticeship Levy reform

The Confederation of British Industry (CBI) has urged the government to 'pick up the pace' in regard to its reform of the Apprenticeship Levy initiative.

13 Jul

Business groups respond to publication of Brexit White Paper

Business groups, including the Confederation of British Industry, the British Chambers of Commerce and the Institute of Directors have responded to the publication of the government's Brexit White Paper.

12 Jul

UK pensioners 'pay an average annual tax bill of £3,500', research reveals

An analysis carried out by insurer Royal London has revealed that the average annual tax bill for taxpayers over the state pension age totals £3,522.

11 Jul

Committee raises concerns over impact of business rates on UK firms

The Treasury Committee has expressed concerns regarding the impact of the UK's business rates system on firms.

10 Jul

HMRC tax investigations into SMEs are 'too intensive'

New research commissioned by HMRC has revealed that more than half of small and medium-sized enterprises (SMEs) believe that HMRC's tax investigations are 'too intensive'.

09 Jul

Government publishes Finance Bill 2018-19 draft legislation

The government has published draft legislation for Finance Bill 2018-19.

06 Jul

New fund launched to 'increase productivity' amongst SMEs

The government has launched a new £8 million 'Business Basics Fund', with the stated aim of helping small and medium-sized enterprises (SMEs) in England to improve their productivity.

05 Jul

UK businesses must prepare for 'no deal' Brexit, warns ICAEW

The Institute of Chartered Accountants in England and Wales (ICAEW) has warned that businesses in the UK must prepare for a 'no deal' Brexit.

04 Jul

Couples urged to claim free tax break

HMRC is urging eligible married couples and civil partners to claim a free tax break worth up to £238 per year, as official data suggests that more than a million couples are 'missing out'.

03 Jul

HMRC 'saves consumers more than £2.4 million' in its fight against cybercrime

Newly-published figures have revealed that HMRC has 'saved the public over £2.4 million' by tackling fraudsters who trick consumers into using premium rate phone numbers for services that are supplied for free by HMRC.

02 Jul

Confidence amongst the self-employed has 'fallen significantly', FSB finds

Research carried out by the Federation of Small Businesses (FSB) has suggested that confidence levels amongst the self-employed have 'fallen significantly' over the last year.

RT @formationzone: Great to have Sam from @ThompsonJenner in to work with FZ clients today. It's always amazing just how generous our partn…

23 hours ago

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BBC News - UK growth boosted by warmer weather https://t.co/K6ZnnVrvmd

1 days ago

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RT @GrowExeter: Robert McIlwraith of @ExIST_Exeter and @exeterchamber talks Exeter, STEMM and passing the torch on to the next generations.…

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Survey by British Chamber of Commerce and Aviva suggests #mentalhealth is becoming ‘less taboo’ in UK workplace:… https://t.co/Rn3sOUIIWb

6 days ago

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