The creation of new business taxes risks undermining the economic recovery, the Confederation of British Industry (CBI) has warned.

A study by Hitachi Capital Finance has revealed that the UK’s small businesses can expect three tough periods in 2016 when cashflow will be restricted.

Dividends have been a very tax-efficient way of making savings in National Insurance Contributions (NIC) and Income Tax contributions for a number of years, with many business owners and shareholders choosing a smaller salary, plus an additional remuneration package paid … Continue reading →

Some of the UK’s biggest companies are said to be preparing to impose a £10,000 a year cap on workplace pension contributions; a sharp reduction from the current £40,000 annual allowance.

The buy-to-let market is set to change following Chancellor George Osborne’s announcement last November that landlords would pay a three per cent Stamp Duty Land Tax (SDLT) surcharge, with effect from 1 April 2016.