Business news

Don’t miss out on Employment Allowance - 20 February 2015

Employers who have not already done so are reminded to claim a £2,000 reduction in their national insurance bill. From April 2014, an estimated 1.25 million business and charity employers have been able to claim the Employment Allowance. The allowance

Head of Ofsted raises concerns about independent academies - 19 January 2015

A new report from Ofsted has revealed that academies not in multi-academy trust are failing at a higher rate than those in them. The report found that of the 89 converter academies that saw performance decline, 66 were not in

Dedicated Schools Grant is changing - 19 January 2015

One of the main sources of funding for the majority of academies, the Dedicated Schools Grant (DSG), will change next year as part of plans to modernise the way schools are financed. The Department for Education (DfE) has announced that

Academy Top-Up to be scrapped - 19 January 2015

The top-up received by academies from the Education Services Grant (ESG) is to be scrapped in 2015/2016, according to the latest report from the Education Funding Agency (EFA). The Education Services Grant was introduced in 2013 to replace the Local

Many happy returns on Christmas Day - 13 January 2015

Almost 2,000 people filed online tax returns on Christmas Day, according to new HM Revenue & Customs (HMRC) figures. HMRC received 1,773 online tax returns on 25 December, a 13 per cent increase on last year’s total of 1,566. The

Solicitors targeted in new tax crackdown - 13 January 2015

HM Revenue & Customs (HMRC) is targeting solicitors with a new tax-gathering campaign. The Solicitors’ Tax Campaign, which was launched on 8 December, is the latest in a series of HMRC initiatives giving specific groups of taxpayers the chance to

HMRC offers new online payment option - 13 January 2015

HM Revenue & Customs (HMRC) has introduced a new online payment service for customers paying self assessment or VAT tax bills by debit card. HMRC, which launched the service on 15 December, is working in partnership with leading payment company Worldpay