Blog

Government reverses decision to scrap Class 2 NICs - 7 September 2018

The Treasury has announced that it will continue to charge Class 2 National Insurance Contributions (NICs) despite promising to scrap the tax from April 2018.

Summer spending continued through August - 6 September 2018

According to data from Barclaycard, people in the UK have continued to splash the cash this summer, with consumer spending up 4.5 per cent in August compared to the previous year.

Accounting for voluntary overtime when calculating holiday pay - 5 September 2018

A recent Court ruling has clarified exactly where and when employers should account for voluntary overtime when it comes to calculating holiday pay.

New HMRC rules may lead to ‘harsh’ tax penalties - 3 September 2018

Written warnings have been received by UK taxpayers, with HM Revenue & Customs (HMRC) intending to crack down on undeclared income.

Millions raised through Bank Referral Scheme - 31 August 2018

More than £15 million in funding has been secured for businesses after they were rejected by their banks, new figures reveal.

More Brits turning people in to HMRC for tax evasion - 30 August 2018

The number of calls to the UK tax authority’s fraud hotline doubled last year, with more than 40,000 tip-offs from informants claiming they are aware of someone they know not paying their taxes.

SDLT receipts up year-on-year - 29 August 2018

The latest official data reveals that HM Revenue & Customs (HMRC) collected £12.47 billion in Stamp Duty Land Tax (SDLT) in the year to the end of July. This is up from the £12.44 billion brought in during the same