From January next year businesses across the UK need to ensure that consumers are no longer being charged extra for paying by debit or credit card, according to new legislation from the Government.
Category Archives: Latest News
Two fifths of SMEs say investment plans have been negatively affected by Brexit
A new survey from the Confederation of British Industry (CBI) has revealed that more than 40 per cent of UK businesses believe that Brexit has hurt their investment plans.
Taylor report recommends review of cash-in-hand
Cash-in-hand payments should be replaced with technology driven alternatives in hopes of collecting up to £6 billion more in tax – this is the conclusion of a Government-commissioned review conducted by Matthew Taylor, head of the think-tank the Royal Society of … Continue reading
Making Tax Digital delayed by at least a year for the majority of businesses
The Government has announced that it plans to delay the full implementation of digital taxation until 2020. Making Tax Digital (MTD), the details of which will be included in the upcoming Finance Bill for 2017, has already faced a number … Continue reading
Landlords – unpaid tax should be declared sooner rather than later
Landlords are being advised that HM Revenue & Customs (HMRC) is redoubling its efforts to crackdown on individuals who fail to properly report their taxes.