Latest News for Business

Bank of England raise interest rate

02 Aug 2018

The Bank of England has raised the interest rate from 0.5% to 0.75%.

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Making Tax Digital for VAT

02 Aug 2018

HMRC has published further information on Making Tax Digital for VAT (MTDfV).

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Scotland introduces relief for first time buyers

02 Aug 2018

First-time buyers in Scotland will be helped to purchase their first home through a new tax relief which applies to Scottish Land and Buildings Transaction Tax (LBTT).

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Next round of tax draft tax legislation published

02 Aug 2018

The government has published draft legislation for Finance Bill 2018-19 which is currently open for consultation.

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One million couples still eligible for tax boost

02 Aug 2018

HMRC has highlighted that three million UK couples have already taken advantage of Marriage Allowance but a million more are still eligible for the tax break.

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Consultation on pensions cold calling ban

02 Aug 2018

HMRC has launched a consultation on draft proposals to ban pensions cold calling.

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Use Tax-Free Childcare over the summer holidays

02 Aug 2018

The Government is reminding 'stressed out parents' that help may be available for childcare costs during the summer holidays.

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Workers' rights for Pimlico Plumber

04 Jul 2018

A plumber has won a legal battle for working rights in a Supreme Court ruling.

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Latest guidance for employers

04 Jul 2018

HMRC have issued the latest version of the Employer Bulletin.

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UK 'tax gap' falls to 5.7%

04 Jul 2018

HMRC has confirmed that the tax gap for 2016/17 has fallen to 5.7%.

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HMRC extends RTI late filing easement until April 2019

04 Jul 2018

HMRC has extended the payroll Real Time Information (RTI) late filing easement until April 2019.

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HMRC saves public £2.4M by stopping fraudsters

04 Jul 2018

HMRC has announced that it has saved the public over £2.4m by tackling fraudsters that trick them into using premium rate phone numbers for services that HMRC provide for free.

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VAT reverse charge for construction services consultation

04 Jul 2018

HMRC proposes to introduce new VAT rules for construction services which are subject to consultation.

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Enterprise Management Incentive continues

04 Jul 2018

It has previously been reported that the Enterprise Management Incentive scheme State Aid approval lapsed on 6 April 2018.

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