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Business News

23 Aug 2019

HMRC penalties for PAYE late filing and late payment to remain risk-based

Following a review, HMRC has said it will continue its risk-based approach to Pay as You Earn (PAYE) Real Time Information (RTI) late filing and late payment penalties this tax year.

22 Aug 2019

HMRC advises VAT-registered businesses to plan for potential no-deal Brexit

HMRC has written to 145,000 VAT-registered businesses that only trade with the EU, advising them to plan ahead for a potential no-deal Brexit.

21 Aug 2019

UK manufacturing output 'stabilised in three months to August', CBI finds

Manufacturing output in the UK stabilised in the three months to August, according to data published by the Confederation of British Industry (CBI).

20 Aug 2019

Think tank urges government to use tax system to combat air pollution

In a new report, think tank Bright Blue has called for the government to use the UK tax system to help combat the problem of air pollution.

19 Aug 2019

Chancellor states stamp duty liability won't be shifted to property sellers

Chancellor Sajid Javid has stated that he has 'no plans' to shift liability to pay stamp duty from house buyers to house sellers.

16 Aug 2019

BRC urges Chancellor to take action on business rates

The British Retail Consortium (BRC) has called for Chancellor Sajid Javid to 'take action' on business rates.

15 Aug 2019

Four in ten SMEs 'increasing prices as result of higher wages'

A report published by the Federation of Small Businesses (FSB) has suggested that four in ten small firms are having to increase their prices as a direct result of higher wages.

14 Aug 2019

MPs call for review of HMRC loan charge

MPs are calling for an independent review of HMRC's controversial loan charge, which came into effect earlier this year.

13 Aug 2019

Government fast-tracks Spending Review to give 'financial clarity' on Brexit

Chancellor Sajid Javid has announced that a one-year Spending Review will be carried out in September, in order to provide government departments with 'financial clarity' ahead of Brexit.

12 Aug 2019

Campaigners urge government to introduce 'calorie tax'

Campaigners have urged the government to introduce a so-called 'calorie tax' on processed foods.

09 Aug 2019

UK digital businesses 'struggle with complexity of tax compliance'

Research carried out by HMRC has revealed that UK digital businesses 'struggle with the complexity of tax requirements'.

08 Aug 2019

Government seeking to end NHS pensions row

The government is set to change pensions rules as it aims to end a row with NHS doctors.

07 Aug 2019

Cyber-attacks on small businesses cost £4.5 billion, according to research

The annual cost of cyber-attacks on UK small businesses is £4.5 billion, according to research conducted by the Federation of Small Businesses (FSB).

06 Aug 2019

ICAEW calls for Prime Minister to tackle 'late payments crisis'

The Institute of Chartered Accountants in England and Wales (ICAEW) has urged Prime Minister Boris Johnson to combat the UK's 'late payments crisis'.

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Chartered Tax Adviser

Registered in England, Company Registration number – 7906656. Registered Office – 58b High Street, Stony Stratford, Milton Keynes, MK11 1AQ. Registered with the Chartered Institute of Taxation as a firm of Chartered Tax Advisers. Registered to carry out audit work and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.