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13 Sep 2018
Key Facts on MTD for VAT Making Tax Digital, or MTD, is part of a wider plan by HMRC to transform the way it handles its relationship with taxpayers by using technology. In time this will cover most taxes, however... Read more
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Key Facts on MTD for VAT18 Apr 2018
The Office for Tax Simplification (OTS) is calling on the government to reform the tax system for businesses at the key stages of their growth. A report published on 16 April 2018 outlines several areas where the taxation of businesses... Read more
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OTS calls for business tax simplification17 Apr 2018
Nearly half of people aged over 55 fear the prospect of running out of money in retirement, research shows. SunLife polled 50,000 individuals and found that 2 in 5 over-55s worry about whether their pension will cover retirement, while 43%... Read more
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Over 55’s worried about running out of retirement income13 Apr 2018
Small and medium-sized businesses that use digital software to help with their accounting process could save 27.6 days a year, analysis by Sage shows. According to Sage’s research, 59% of SMEs use digital software for accounting, while 18% continue to... Read more
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SMEs could save £17,000 with digital accounting12 Apr 2018
Many retirees have misconceptions about their sources of retirement income, according to research by the Financial Conduct Authority (FCA). In a survey of around 13,000 people, 80% of people who had accessed their pension pots in the last 2 years... Read more
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False confidence over pension products11 Apr 2018
1 in 4 small and medium-sized firms missed out on business opportunities in the last year because of difficulty accessing funding, research shows. A survey by Aldermore of 1,004 senior decision-makers in SMEs revealed that 23% had missed out on... Read more
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Lack of funding holds back 1 in 4 SMEs10 Apr 2018
Businesses that sell goods to overseas markets were boosted by UK exports hitting a record high in 2017, according to the latest trade figures. Data from the Office for National Statistics (ONS) suggests global demand for manufacturing goods and business... Read more
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Rising overseas exports boost businesses09 Apr 2018
Most workers in the UK expect to be working part-time after reaching the age of 65, according to a retirement study. Scottish Widows polled 3,535 people and found 51% expect to be working into their mid-60s, while 18% of those... Read more
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Most Brits face working into mid-60s06 Apr 2018
The 2018/19 tax year is upon us and a raft of new changes have come into force – here’s what to expect: Income tax changes The personal allowance has increased to £11,850 across the UK, and the higher rate threshold... Read more
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5 key tax changes for 2018/19