Majority unaware of gifting rules and inheritance tax

Posted on 24 May, 2019

The National Centre for Social Research (NatCen) and the Institute for Fiscal Studies (IFS) have recently found that only one in four people who make financial gifts are aware of the inheritance tax (IHT) risks.

PAYE review needed for SMEs, says report

Posted on 23 May, 2019

The Office for Tax Simplification (OTS) is urging HM Revenue & Customs to review the Pay-as-you-earn tax (PAYE) system for small businesses.

Pub chain caught in £7 million tax investigation

Posted on 21 May, 2019

A pub chain has been placed into liquidation after its director caused the company to submit a number of inaccurate tax returns and generate millions of pounds of debt.

Major organisations call for simplification of small business tax

Posted on 20 May, 2019

Leading tax and business experts have called for the simplification of business tax for the smallest of companies in the UK.

The UK is the tech start-up hotspot of Europe

Posted on 17 May, 2019

A new report by Tech Nation has listed the UK as the European hotspot for technology start-ups, and fourth worldwide for scale-up investment after the US, China and India.

UK food and drink exports a record £5.7 billion

Posted on 16 May, 2019

UK food and drinks exports reached a record of £5.7 billion in the first quarter of 2019.

UK economy shows its strength in first three months of 2019

Posted on 14 May, 2019

UK gross domestic product (GDP) has sailed past initial estimates thanks to a “noticeable pickup” in growth in the production and manufacturing sectors.

UK exports rocket past EU average in record year for British goods and services

Posted on 13 May, 2019

The last 12 months have marked a record breaking year for the UK export industry, new data has revealed.

How SMEs can improve their cyber-security

Posted on 10 May, 2019

According to the UK Government’s ‘Cyber Breaches Survey 2019’, 31 per cent of micro and small businesses and 60 per cent of medium-sized businesses have experienced a cyber-attack in the past twelve months.

HMRC given 28 days to delete illegally held voice records

Posted on 9 May, 2019

HM Revenue & Customs (HMRC) has been given 28 days to delete voice records that were being held illegally.