HMRC apologises over tax calculator error

Posted on 20 Apr, 2018

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.

Business leaders unite to bring down barriers to SME productivity

Posted on 19 Apr, 2018

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).

PSA changes alleviate employers of unnecessary administration

Posted on 17 Apr, 2018

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.

New fund launched to support university startups

Posted on 16 Apr, 2018

A new £3 million fund has been launched to kick-start university research projects into full-blown startup enterprises.

Global trade grows at fastest rate in six years

Posted on 13 Apr, 2018

The latest analysis from the World Trade Organisation (WTO) suggests that global trade enjoyed its fastest pace of growth in six years in 2017.

SMEs’ finances largely unaffected by Brexit vote and uncertainties, study suggests

Posted on 12 Apr, 2018

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 look to address taxation for termination payments

Posted on 10 Apr, 2018

New rules which seek to address the handling of taxation for termination payments have come into force this month.

What happens if I am struggling to cope with payroll and auto-enrolment?

Posted on 9 Apr, 2018

Keeping on top of payroll poses a huge challenge for businesses of all shapes and sizes.

Benefits in Kind: are you up to date with the new rules?

Posted on 9 Apr, 2018

New rules surrounding Optional Remuneration Arrangements take effect this month, meaning employers will need to update their payroll systems to reflect the change.

Majority of large businesses hoping to increase investment over coming months

Posted on 6 Apr, 2018

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.