Archive

Data reveals sudden surge in Inheritance Tax receipts

New data has revealed a sudden surge in Inheritance Tax (IHT) receipts this year, despite the introduction of new rules allowing those who pass property down to direct descendants to tap into an additional tax-free allowance.

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Million in tax repaid to savers who used pension freedoms

HM Revenue & Customs (HMRC) has repaid some £26 million in tax on cash accessed through pension freedoms over the last three months, a report has revealed.

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SMEs urged to consider flexible working

Small and medium-sized enterprises (SMEs) are being urged to consider flexible working options, after a new study found that absenteeism is hitting business’ profitability.

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Conditions similar to those in the run-up to financial crisis, says head of business committee

The new head of the business select committee has warned that today’s debt problems are similar to those in the run-up to the 2008 financial crisis.

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Three million small businesses to benefit from Making Tax Digital plan changes

Government-led Making Tax Digital plans have recently been revised to benefit three million small businesses and landlords.

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Research reveals rise in female-led start-ups

A new study suggests that there has been a surge in female-led start-up businesses in recent years, contradicting the popular belief that the UK suffers from a gender ‘enterprise gap’.

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Auto-enrolment surpasses eight million member target

There are now more than eight million employees saving into a workplace pension thanks to the Government’s auto-enrolment pension scheme.

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Minister confirms increase in pension age will be brought forward

The Government yesterday announced fresh changes to the State Pension age, set to affect around six million Britons.

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British entrepreneurship on the rise

A new study suggests that British entrepreneurship is on the rise and that small and micro-businesses are growing increasingly prominent across the UK.

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Insurance tax hikes car insurance prices up by 11 per cent

Over the past year, the cost of annual car insurance policies has risen by 11 per cent, the biggest increase since 2012.

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