£40 billion extra tax bill for banks will harm lending
September 14, 2015
Britain’s banks will have been hit by an extra £40 billion tax bill by 2020, in response to the financial crisis of 2007-2009. This may harm their ability to lend to businesses and create new jobs – could this affect you?
Offshore tax evaders to face tough new criminal sanctions
September 9, 2015
Tough new criminal sanctions being brought in for offshore tax evaders. Over 90 countries across the world have already signed up to automatically exchange information on taxpayers, leaving “nowhere left to hide for offshore tax evaders”,
NAO report finds £34 billion of tax unpaid in 2014
September 1, 2015
Unpaid tax rises to £34 billion according to report by National Audit Office. Of this, £7.2 Billion owed was lost to a combination of tax avoidance and evasion – did you contribute?
National living wage: tougher penalties come into force
August 27, 2015
Employers who fail to pay the national living wage now face increased fines, the Prime Minister, David Cameron, has announced. Are you paying your staff the correct amount?
Employee benefits: a win-win for all
August 21, 2015
It makes sense to offer your employees a benefits package that supports their work-life balance. You could offer them childcare vouchers, a company gym or even a company canteen, all without any tax implications.
Summer 2015 Budget surprises
August 17, 2015
The Budget immediately after an election is often the most interesting – and taxing. Mr Osborne’s seventh Budget – and his first free of coalition constraints – contained plenty of surprises.
Cashing in on flexible ISAs
August 11, 2015
In his 2015 Budget, the Chancellor tried to put some much needed life back into cash ISAs with a substantial uplift to the investment limit. Higher rate taxpayer? You may find cash ISAs valuable.
Millions more to be automatically enrolled into workplace pensions
August 5, 2015
Auto-enrolment is rolling for small and micro-employers. It is essential for business owners with fewer than 30 staff to check when their auto-enrolment staging date. Are you ready?
Buy-to-let gets squeezed
July 31, 2015
The Chancellor announces changes to buy-to-let taxation; Over the four years from April 2017, for individual investors, he will phase in a reduction in the rate of tax relief on interest to basic rate. Will this affect you?
Tax evasion raids on the rise
July 23, 2015
It’s no secret that HM Revenue & Customs (HMRC) has been cracking down on tax evaders – and their tactics seem to be working. The number of raids being carried out has tripled over the last three years. Are you at risk?