Business News

Business News

HMRC publishes secondary draft legislation for off-payroll reforms

24 Jan 2020

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

Witchcraft and hamsters amongst worst self assessment excuses

23 Jan 2020

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.

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

22 Jan 2020

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

New legislation aims to tackle late payments

21 Jan 2020

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

Government promises review of student loans repayment system

20 Jan 2020

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

WEF states businesses must take action to combat climate change

17 Jan 2020

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

HMRC issues guidance on recognising phishing emails

16 Jan 2020

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

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

15 Jan 2020

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.

Data shows UK GDP shrank in November

14 Jan 2020

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).

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

13 Jan 2020

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

Self assessment deadline only three weeks away

10 Jan 2020

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

Employees 'losing five days a year' as result of travel disruption

09 Jan 2020

A survey carried out by the Confederation of British Industry (CBI) has suggested that UK workers are losing five days per year as a result of travel delays.

Government launches review into off-payroll working rules

08 Jan 2020

The government has launched a review into the new off-payroll working rules, known as IR35, that are due to come into effect on 6 April 2020.

Chancellor announces post-Brexit Budget date

07 Jan 2020

Chancellor Sajid Javid has announced that he will deliver the 2020 Budget on Wednesday 11 March.

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