Latest News for Business

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02 Aug 2018

Bank of England raise interest rate

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

02 Aug 2018

Making Tax Digital for VAT

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

02 Aug 2018

Scotland introduces relief for first time buyers

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).

02 Aug 2018

Next round of tax draft tax legislation published

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

02 Aug 2018

One million couples still eligible for tax boost

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.

02 Aug 2018

Consultation on pensions cold calling ban

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

02 Aug 2018

Use Tax-Free Childcare over the summer holidays

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

04 Jul 2018

Workers' rights for Pimlico Plumber

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

04 Jul 2018

Latest guidance for employers

HMRC have issued the latest version of the Employer Bulletin.

04 Jul 2018

UK 'tax gap' falls to 5.7%

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

04 Jul 2018

HMRC extends RTI late filing easement until April 2019

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

04 Jul 2018

HMRC saves public £2.4M by stopping fraudsters

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.

04 Jul 2018

VAT reverse charge for construction services consultation

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

04 Jul 2018

Enterprise Management Incentive continues

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

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