Data published by the Trades Union Congress (TUC) has suggested that women are more than twice as likely to miss out on being automatically enrolled into a workplace pension. The TUC’s analysis showed that 10.9%
Following the Bank of England’s latest increase in the base interest rate, HMRC has increased both late paid tax and the rate paid on repayments of tax. The Bank increased the base rate to 4.5%
The government’s Tax-Free Childcare (TFC) initiative helped 649,935 families to save on their childcare costs during the 2022/23 tax year, HMRC has revealed. Under TFC the tax relief available is 20% of the costs of
The number of self-assessment taxpayers filing their tax return on the first day of the tax year has more than doubled since 2018, HMRC has revealed. More than 77,500 customers submitted their tax return for
HMRC is seeking views on measures designed to simplify and strengthen the Construction Industry Scheme (CIS). A consultation on the issue considers whether it would be appropriate to add VAT to the list of taxes
The Federation of Small Businesses (FSB) has urged energy suppliers to renegotiate fixed contracts for small firms on market-peak tariffs. Research carried out by the FSB revealed that many small businesses are trapped in contracts
Data published by Barclays has suggested that 77% of financial scams carried out in the UK originate on social media. Social media platforms, dating apps and online marketplaces have experienced an influx of criminals carrying
Employers are still facing major difficulties in hiring new staff, according to a survey conducted by the (BCC). The latest Quarterly Recruitment Outlook (QRO), a survey of more than 5,000 UK firms, found that 80%
Research carried out by payment solution provider Caxton has suggested that 47% of UK workers have had a late or incorrect wage paid into their bank account on pay day. 33% of workers polled said
HMRC has urged all VAT registered businesses to use Making Tax Digital for VAT (MTD for VAT) compatible software to keep VAT records digitally and file VAT returns. From 15 May 2023, businesses that file
A report carried out by recruitment firm Indeed Flex has suggested that rising childcare costs are keeping mothers from returning to the workplace. In the 2023 Spring Budget, Chancellor Jeremy Hunt announced an expansion of
Research carried out by banknote production company De La Rue has revealed that the global demand for banknotes is currently at its lowest level in 20 years. De La Rue, which printed paper banknotes and
Our friendly team are ready to help you and answer any questions you may have. Just use the form below and get in touch.