News

MPs say the UK is not ready for digital tax

1 Feb 2016

During the Chancellor’s 2015 Autumn Statement, the Government announced its plans to reform tax legislation to require small businesses, the self-employed and landlords to update HMRC quarterly, rather than completing an annual tax return. The Government intends for quarterly updates

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Employment Allowance set to rise

1 Feb 2016

The Employment Allowance that enables employers to reduce their NI bill by £2,000 is being extended from 6 April 2016 to £3,000.

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Small firms struggle with workplace pensions

1 Feb 2016

A survey by the Federation of Small Businesses (FSB) has found that nearly half of the employers who must set up a workplace pension scheme for their staff in the next two years are confused about their responsibilities.

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Buy-to-let mortgage applications from limited companies more than double as landlords strive to beat tax hikes

1 Feb 2016

The number of buy-to-let loan applications from limited companies has surged in recent months as landlords prepare for tax hikes starting in April, say mortgage brokers.

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UK families facing inheritance tax hits 35-year peak

1 Feb 2016

The Office for Budget Responsibility (OBR) has released new figures that show the number of UK families paying inheritance tax (IHT) is at a 35-year high.

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