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The ongoing transformation toward hybrid models in the world of work, catalysed by the enduring impacts of the coronavirus pandemic, necessitates a thorough consideration of employment tax implications. As employees increasingly divide their work time between...

Chancellor Jeremy Hunt has this afternoon announced his Autumn Statement. He has cut taxes for businesses with what he describes as the ‘biggest tax cut in modern British history’. Hunt has also ushered in tax cuts for individuals, with the lowering of National...

In the lead-up to the impending General Election, tax policy remains a hot topic in the UK. According to projections by the Institute of Fiscal Studies, the country's tax revenues are anticipated to reach approximately 37% of GDP by 2024, a notable increase from the...

HMRC has published the latest issue of the Employer Bulletin. The October issue has information on various topics, including: electric charging of company cars and vans at residential properties paying your PAYE Settlement Agreement reporting PAYE information when...

Many UK firms are still facing hiring issues as a result of challenging economic conditions, according to a report from the British Chambers of Commerce (BCC). 73% of firms surveyed by the BCC reported having recruitment problems, with businesses in the hospitality...

A large majority of UK business leaders plan to offer employees remote and hybrid working in the long-term, according to the Institute of Directors (IoD). A survey conducted by the IoD found that 84% of business leaders polled plan to provide office-based staff...

Online platforms should commit to paying small businesses within a maximum of thirty days in line with the Prompt Payment Code, according to the Federation of Small Businesses (FSB). The FSB has set out a range of proposals to protect small business owners who use...

Self assessment taxpayers must be on the lookout for scam texts, emails and phone calls from fraudsters, HMRC was warned. HMRC has received more than 130,000 reports about tax scams in the past year, with 58,000 of those offering fake tax rebates. With around 12...

The UK is on course to see its biggest tax rise in at least 50 years as a result of the freeze on personal thresholds and soaring inflation, according to analysis from the Resolution Foundation. The think-tank said taxpayers are set to pay over £40 billion a year by...

The UK’s rate of inflation held steady in September while the nation’s economy grew the month before, according to the latest figures from the Office of National Statistics (ONS). The ONS revealed that the CPI rose by 6.7% in the 12 months to September, the same rate...

The Chancellor should cement the government's commitment to small businesses in his Autumn Statement, according to the Federation of Small Businesses (FSB). The FSB has called for a strong stand against late payments; an extension to the 75% business rates discount...

The recent approval of the Economic Crime and Corporate Transparency Act has paved the way for tighter regulations concerning how companies report information to Companies House in the UK. Small companies, including micro-entities, are now mandated to submit a profit...