Fall in number of arrests for tax evasion

According to industry figures, the number of people arrested in the UK on suspicion of tax evasion has reached the lowest level for five years.

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A tax guide for SMEs

According to accounting software provider, QuickBooks, over 50 per cent of UK small and medium-sized enterprise (SME) owners have made a mistake when filing their VAT returns, while just a quarter (25 per cent) feel confident that they have filed their

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Majority of employees uncomfortable discussing finances at work

According to the latest research, two-thirds of employees do not feel comfortable talking about their finances at work, despite more than a fifth of people struggling to make ends meet.

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Business owners hit by flooding granted “immediate relief” from business rates

Business owners hit by recent flooding will have “immediate relief” on their business rates, it has been announced.

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Millions at risk of being left behind by a cashless society

According to the latest research, cash usage is declining throughout the world, with credit/debit cards, bank transfers and eWallets becoming the most popular method of payment during the last year.

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Countdown to the 31 January Self-Assessment Tax Return deadline begins

Fewer than 100 days now remain until the 31 January 2020 deadline for the online submission of Self-Assessment Tax Returns. Self-Assessment Tax Returns must be completed in respect of most income that has not been subject to PAYE. This includes

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Grant scheme opportunities for electric vehicle charging infrastructure at work

With the projected growth of electric car ownership in coming years, the Government is offering grants to support businesses who introduce charging infrastructure at their place of work. Provided by the Office of Low Emission Vehicles (OLEV), the Workplace Charging

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Spanish holiday home owners cautioned over post-Brexit tax impact

With the UK currently set to leave the EU by the end of January 2020, anyone who owns a Spanish holiday home needs to be prepared for the impact of Brexit on taxation. Spanish tax law makes specific provision for

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Businesses and contractors offered clarity on IR35

With less than six months left until the introduction of the IR35 regulations in the private sector, HM Revenue & Customs (HMRC) has finally released additional guidance to help clarify this complex area of taxation. From 6 April 2020, the

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Pension holders to be refunded £54 million of overpaid tax

New figures released by HM Revenue & Customs (HMRC) have revealed that it handed back more than £54 million to people who had overpaid tax on pension withdrawals in the last three months alone. The latest quarterly data for 1

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