News

Businesses get to grips with new employment costs - April 1, 2019
News Article

Employers across the UK are starting April with a sudden increase in employment costs following a rise in workplace pension contributions and minimum wage costs. The sharp increase in expenditure on staff couldn’t come at…Read more

Invoice fraud cost UK firms £93 million last year - April 1, 2019
News Article

A recent survey conducted by UK Finance revealed that more than four in 10 UK businesses are unaware of the potential risks associated with invoice fraud. Last year these scams cost UK firms almost £93…Read more

Tax-free HMRC scheme assists families with childcare costs - April 1, 2019
News Article

A Government scheme set up by HM Revenue & Customs (HMRC) is advising parents to apply for the Tax-Free Childcare scheme, which provides contributions on savings used to cover childcare costs. Research has revealed that…Read more

UK SMEs hit by £17.4 billion cybercrime bill in 2018 - April 1, 2019
News Article

New research from internet service provider, Beaming, has revealed that in 2018 UK small and medium-sized enterprises (SMEs) were affected by cybercrime to the tune of £17.4 billion. Business cybercrime is the flavour of the…Read more

ITV presenter Lorraine Kelly wins important IR35 appeal - April 1, 2019
News Article

Lorraine Kelly has won an appeal against HM Revenue & Customs (HMRC) at a First Tier Tribunal (FTT) following a £1.2 million demand for unpaid income tax and National Insurance Contributions (NICs). HMRC claimed that…Read more

Are you registered for Making Tax Digital yet? - April 1, 2019
News Article

Launched on 1 April 2019, most VAT registered businesses are now required to comply with the new Making Tax Digital for VAT regime. However, many businesses may not be aware that they are required to…Read more

Spring Statement 2019 - March 13, 2019
News Article

On any other day, the Chancellor’s Spring Statement would have dominated the headlines. However, with the UK’s scheduled withdrawal from the EU just days away, and the Prime Minister’s latest Brexit deal voted down by…Read more

National Living Wage - March 4, 2019
News Article

From 1 April 2019, employers will be required by law to pay their employees the following minimum wages: Year 25 and over (National Living Wage) 21 to 24 18 to 20 Under 18 Apprentice Current…Read more

Making Tax Digital productivity boost expected to be worth billions to UK SMEs - March 1, 2019
News Article

New research suggests that the UK’s SMEs could benefit to the tune of as much as £57 billion over the next five years because of digital productivity improvements associated with HM Revenue & Customs’ (HMRC)…Read more

Delay in issuing Self-Assessment penalty notifications - March 1, 2019
News Article

While 93.68 per cent of the 11.5 million taxpayers who were required to file their Self-Assessment Tax Returns by midnight on 31 January did so on time, 731,186 missed the deadline. Those who missed the…Read more