Both the Chancellor and Prime Minister discussed the Conservative Party’s economic policies at their Party Conference in Manchester. To a mixed reception from other conservatives and the business world. Chancellor Rishi Sunak During Chancellor Sunak’s [...]
Owners of Essar Oil UK are currently trying to avoid financial collapse by talking to HMRC about their overdue tax bill. Given the UK’s current situation, it’s important that we don’t lose the company that’s [...]
There’s never a good time to lose money. But the last thing the UK can afford right now is a bigger tax gap. What’s the tax gap? The tax gap is the different between the [...]
‘Tax conditionality’ is a new HMRC policy being brought in as part of their strategy to tackle tax avoidance in the hidden economy. It means that renewing some mandatory operating licences will be conditional on [...]
National Insurance Contributions (NICs) are going up by a total of 2.5% points. This is being shared equally between employees and employers, with each paying 1.25% extra. Self employed taxpayers will also pay see their [...]
Not according to The Resolution Foundation’s recent report. They conclude that the current activity in the housing market is more influenced by other factors than the property transaction tax ‘holidays’ that were introduced by all [...]
Despite everything demanded of them during COVID-19, HMRC aims to recoup a total of £55.6million from the football industry in this tax year. It currently has open investigations on nine football clubs, 23 agents who [...]
Apprenticeships are programmes of combined work and study that lead to a recognised qualification. You are paid whilst undergoing the training – but how much? Pay Structure for Apprenticeships in England As an apprentice, you’re [...]
To encourage companies to pay the legal minimum wage to their employees, HMRC has employed the tactic of public shaming. Basically if you don’t, you’ll have to endure the negative publicity of appearing on HMRC’s [...]
There are an increasing number of companies taking payments in cryptocurrencies, alongside the usual cash, debit card and credit card payments. This includes established companies like Lush and newer businesses like WeWork. Obviously, this is [...]
