Business News

29 Jan 2020

CIOT warns of 'seismic shift' in CGT rules

Residential property sellers with taxable gains must beware major changes to the capital gains tax (CGT) rules, the Chartered Institute of Taxation (CIOT) has warned.

28 Jan 2020

IoD calls for government to publish Brexit negotiating objectives

The Institute of Directors (IoD) has urged the government to publish its negotiating objectives as the UK moves towards the next stage of Brexit talks.

27 Jan 2020

Over three million still to file self assessment returns

HMRC has stated that more than three million taxpayers are yet to file their self assessment tax return despite the deadline looming.

24 Jan 2020

HMRC publishes secondary draft legislation for off-payroll reforms

HMRC has now published draft secondary legislation for the off-payroll working rules that are due to come into force in April this year.

23 Jan 2020

Witchcraft and hamsters amongst worst self assessment excuses

Vengeful witches and pet hamsters feature in HMRC's list of imaginative excuses and expense claims, which has been published in the run up to the self assessment deadline.

22 Jan 2020

Anti-money laundering penalties total £6.2 billion worldwide in 2019

Anti-money laundering (AML) penalties reached a record high of £6.2 billion worldwide last year, according to data from software company Encompass Corporation.

21 Jan 2020

New legislation aims to tackle late payments

New legislation is being introduced to Parliament that aims to tackle late payments and strengthen the powers of the Small Business Commissioner.

20 Jan 2020

Government promises review of student loans repayment system

The government has vowed to undertake a revamp of the current student loans repayment system.

17 Jan 2020

WEF states businesses must take action to combat climate change

In a new report, the World Economic Forum (WEF) has stated that businesses must take action now to tackle climate change.

16 Jan 2020

HMRC issues guidance on recognising phishing emails

HMRC has issued guidance on recognising genuine Revenue contact and phishing emails.

15 Jan 2020

Average household debt higher now than during financial crisis, study suggests

According to a study carried out by the Trades Union Congress (TUC), UK average household debt is now higher than during the 2008 financial crisis.

14 Jan 2020

Data shows UK GDP shrank in November

The UK's GDP fell by 0.3% during November as political uncertainty continued to take its toll on the economy, according to the latest data from the Office for National Statistics (ONS).

13 Jan 2020

Research reveals significant number of UK businesses anticipate a recession in 2020

Research commissioned by finance provider Stenn Group has revealed that a significant number of UK businesses predict a recession in 2020.

10 Jan 2020

Self assessment deadline only three weeks away

The deadline for submitting your 2018/19 self assessment tax return is just 21 days away.

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