Blog

One in five micro-businesses unaware of Making Tax Digital, research shows - 6 March 2017

Research published by FreeAgent has found that a fifth of the smallest business are unaware of Making Tax Digital (MTD) – HM Revenue & Customs’ (HMRC) flagship policy, which will introduce quarterly electronic reporting for most businesses. The FreeAgent survey

£30K tax-free redundancy payments set to be abolished - 6 March 2017

Payments in Lieu of Notice (PILON), one aspect of a typical redundancy payment, alongside compensation for loss of employment, is set to lose its tax-free exemption, which currently applies to payments of up to £30,000, where it is not a

Industrial strategy will not work long-term, say MPs - 3 March 2017

The Government’s long-term industrial strategy will not work, MPs have warned.

ICAEW calls on Chancellor to ‘improve productivity’ in forthcoming Budget - 2 March 2017

In a formal letter addressed to Chancellor Philip Hammond ahead of his Budget announcements on 8 March, The Institute of Chartered Accountants in England and Wales (ICAEW) is calling for changes to a number of upcoming reforms. ICAEW chief executive

Young Watson Buckle accountant highly praised at regional awards ceremony - 1 March 2017

Samantha Riley, a young accountant at prominent Bradford accountancy firm Watson Buckle, was placed second at the Young Accountant of the Year Awards 2017 on Friday 24 February. During a formal interview which took place prior to the ceremony, a

Government to teach millions of businesses digital skills by 2020 - 1 March 2017

The Government has today announced its intent to keep British business at the forefront of the “digital revolution”. It says it will offer digital skills to “millions of individuals, charities, and businesses” by 2020. It has also announced the development

HMRC defends ‘confusing’ IR35 changes - 28 February 2017

HM Revenue & Customs (HMRC) has responded to criticisms over its forthcoming reforms to IR35, which will see public sector companies such as recruitment agencies responsible for determining whether contractors operating through personal service companies (PSCs) are caught by IR35.

Customer service standards slipping at HMRC, study suggests - 27 February 2017

Customer satisfaction with the services provided by HM Revenue & Customs (HMRC) is slipping, a new study suggests.

Business rates due a complete overhaul, say industry bodies - 24 February 2017

Trade bodies have called for a total rethink on Business Rates following research showing that thousands of businesses could close after April’s revaluation.

HMRC defends Making Tax Digital timescale at House of Lords - 23 February 2017

Taxpayers, businesses and HM Revenue & Customs (HMRC) alike will “learn very quickly” from the Government’s year-long Making Tax Digital (MTD) pilot scheme, which will be phased in from April this year. The comments come from Jim Harra, director general