Archive

IPSE urges contractors to check IR35 status with HMRC

The Association of Independent Professionals and the Self Employed (IPSE) is calling upon UK contractors to use the Government’s new IR35 status tool to ensure that they are paying the correct amount of tax. The calls follow important IR35 changes

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Half of UK SMEs eyeing up imminent revenue growth, study finds

50 per cent of UK small and medium-sized enterprises (SMEs) expect to achieve revenue growth of 4 per cent or more before the end of the year, a new study suggests. The figures come from the latest American Express Global

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Party leader dubs late payment “a national scandal”

Plans were outlined yesterday to crack down on the big name companies who fail to pay suppliers on time. Labour leader Jeremy Corbyn accused some of Britain’s best-known businesses of putting inexcusable financial pressure on the nation’s small enterprises. Speaking

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Landlords confused about recent tax changes

A new survey has revealed a worrying lack of awareness of recent changes to mortgage interest tax relief – which were phased in at the beginning of this month and affect most UK landlords.

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45 per cent of British businesses ‘more ambitious’ than a year ago

A new study suggests that almost half of Britain’s small and medium-sized enterprises (SMEs) are ‘more ambitious’ today than they were in 2016. According to the 16th Ambition Index Report, commissioned by Lloyds Bank National Business Awards, 45 per cent

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HMRC consultation seeks views on flat rate mileage and fuel expenses

Following Spring Budget 2017, HM Revenue & Customs (HMRC) has launched a new consultation into the taxation of employee expenses. The consultation is the latest stage of a four-year Government review programme, carried out in collaboration with the Office of

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HMRC launch MTD pilot for “hundreds of thousands” of businesses

HM Revenue & Customs (HMRC) has launched its first Making Tax Digital (MTD) pilot, a system which will see the end of paper tax returns and the introduction of quarterly digital tax reporting. It comes a year before many businesses,

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Don’t get delayed over Easter weekend, say payment experts

Experts have urged businesses to “plan ahead” so that payments to staff and suppliers do not get delayed over the Easter weekend. The advice, from Bacs Payment Schemes, reminds owners that Friday 14 April and Monday 17 April are classed

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Don’t get caught out, the National Minimum Wage increased this month

The National Minimum Wage (NMW) has increased for all workers operating in the UK this month (April 2017). For workers over the age of 25, this means that wages will rise from £7.20 to £7.50 per hour. Workers aged 21

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Bradford accountants support local hospice at Bond-themed fundraiser

Managers from leading Bradford accountancy firm Watson Buckle recently attended Bond & Bubbles 2017, a black-tie event held in aid of Sue Ryder Manorlands Hospice. The Watson Buckle team booked a table of ten at the suave James Bond-themed event,

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