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Category Archives: Latest News

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HMRC given an extra £5.3 million to enforce minimum wage compliance

Posted on August 3, 2017 by Howard Roth

According to the Government’s latest Labour Market Enforcement Strategy report HM Revenue & Customs (HMRC) is to receive an additional £5.3 million of funding in 2017/18 to ensure businesses are paying employees the national minimum wage (NMW) and national living … Continue reading →

Credit and debit card charges to be banned as cashless economy grows

Posted on August 3, 2017 by Howard Roth

From January next year businesses across the UK need to ensure that consumers are no longer being charged extra for paying by debit or credit card, according to new legislation from the Government.

Two fifths of SMEs say investment plans have been negatively affected by Brexit

Posted on August 3, 2017 by Howard Roth

A new survey from the Confederation of British Industry (CBI) has revealed that more than 40 per cent of UK businesses believe that Brexit has hurt their investment plans.

Taylor report recommends review of cash-in-hand

Posted on August 3, 2017 by Howard Roth

Cash-in-hand payments should be replaced with technology driven alternatives in hopes of collecting up to £6 billion more in tax – this is the conclusion of a Government-commissioned review conducted by Matthew Taylor, head of the think-tank the Royal Society of … Continue reading →

Making Tax Digital delayed by at least a year for the majority of businesses

Posted on August 3, 2017 by Howard Roth

The Government has announced that it plans to delay the full implementation of digital taxation until 2020. Making Tax Digital (MTD), the details of which will be included in the upcoming Finance Bill for 2017, has already faced a number … Continue reading →

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