New company name rules come into play - 13 February 2015

New legislation is now in force aiming to simplify requirements relating to company and limited liability partnership (LLP) names.

R&D tax credits scheme provides tax deductions for savvy businesses - 12 February 2015

Under the R&D tax credit scheme, enhanced tax deductions are provided for certain expenditure on research and development (R&D) projects.

Bank of England governor warns of reform fatigue - 11 February 2015

The Bank of England governor, Mark Carney, has said there is no room for complacency on the strength of the global banking system.

HMRC to end £100 fines for late self-assessment tax returns - 10 February 2015

HM Revenue & Customs (HMRC) wants to change its rules on tax return penalties to ensure the system is fairer, meaning that hundreds of thousands of Britons who fail to complete the self-assessment form on time could escape a penalty.

HMRC launches tax cheat crime map - 9 February 2015

As part of its recent clampdown on tax avoidance, HM Revenue and Customs (HMRC) has launched an online map showing the location of UK tax cheats along with their crime and sentence. The map went live at the end of

UK spending squeeze to be bigger than ever – but there is good news too - 6 February 2015

The worst of Britain’s spending cuts are still to come, a new study has warned. Government spending cuts set out for after the general election are the toughest out of 32 advanced economies, according to the Institute for Fiscal Studies

Services sector sees strong start to the year - 5 February 2015

With restaurants, bars, hotels, IT, transport and hairdressers forming part of the services sector, which accounts for approximately 75 per cent of the UK economy, news that January marked the 25th consecutive month of growth in the sector has been