Sleep deprived workers are costing the UK economy nearly £40 billion a year, a report has revealed. Read More
Month: November 2016
HMRC will be first Government department to crack down on ‘phishing scams’
HM Revenue & Customs (HMRC) will be the first Government department to crack down on so-called ‘phishing scams’, following reports of a rise in fraudulent emails purporting to be from the Revenue and tricking taxpayers into releasing sensitive information. Read More
Economic growth robust in third quarter, says ONS data
UK growth has remained robust since the European Union (EU) Referendum, according to new data from the Office for National Statistics (ONS), which confirms that gross domestic product (GDP) grew by 0.5 per cent between July and September. Read More
Self-employment on the rise, new figures show
Latest figures have revealed the growing popularity of self-employment among UK workers. Read More
Upward trend in total UK tax revenue over past five years, says NAO report
HM Revenue & Customs (HMRC) raised £536.8billion in the 2015/16 financial year, according to a performance summary carried out by the National Audit Office (NAO). Read More
BoE to restore deposit protection limit to £85,000
The maximum compensation payable to savers if their bank collapses is to return to its previous limit of £85,000, a report has said. Read More
SMEs could be unfairly penalised by proposed changes to business rates
Government plans to prevent businesses from appealing incorrect business rates calculations have been dubbed ‘wildly unfair’ for small and medium-sized enterprises (SMEs) by a number of trade bodies. Read More
Landlords will struggle to come to terms with Making Tax Digital, says RLA
The Residential Landlords Association (RLA) has issued a warning to private landlords over Making Tax Digital (MTD), after a study revealed that the average buy-to-let investor “lacks confidence with digital technology”. Read More
UK SMEs plan to reduce costs in 2017, survey reveals
The majority of UK small and medium-sized enterprises (SMEs) will be prioritising reducing costs in the New Year, a study has found. Read More
Freedom of Information request reveals rise in HMRC complaints
A Freedom of Information request has revealed that HM Revenue & Customs (HMRC) received a record number of complaints in the 2015/16 financial year – almost topping figures recorded during the financial crisis. Read More