HM Revenue & Customs (HMRC) has issued a public apology over a faulty tax calculator which was providing users of its website with erroneous information regarding their pension allowances.
A new group geared towards tackling Britain’s so-called productivity gap has been set up by a number of UK business leaders following a meeting with the Bank of England (BoE).
The process for administering and agreeing PAYE Settlement Agreements (PSA) has been changed to “reduce the burden for employers”, a recent tax office document has confirmed.
A new £3 million fund has been launched to kick-start university research projects into full-blown startup enterprises.
The latest analysis from the World Trade Organisation (WTO) suggests that global trade enjoyed its fastest pace of growth in six years in 2017.
New research published in recent days suggests that more than three quarters (78 per cent) of British small and medium-sized enterprises (SMEs) have witnessed their revenues either increase or stay the same since Britain’s vote to leave the European Union
New rules which seek to address the handling of taxation for termination payments have come into force this month.
Keeping on top of payroll poses a huge challenge for businesses of all shapes and sizes.
New rules surrounding Optional Remuneration Arrangements take effect this month, meaning employers will need to update their payroll systems to reflect the change.
According to a new study, approximately 80 per cent of large British businesses and corporate entities are planning on either maintaining or increasing investment over the coming months.