Month: December 2016

More than 760 businesses have ceased trading in December 2016, with more expected to follow suit in the new year, the latest insolvency survey has revealed. Read More

Thousands of online retailers have rushed to register for value-added tax (VAT) since HM Revenue & Customs (HMRC) introduced a crackdown on overseas businesses and online sellers failing to comply with UK tax rules. Read More

Wales could introduce its own Income Tax rates from April 2019 as part of a deal with the UK Treasury. Read More

A new study suggests that one in every 14 accelerated payment notices (APNs) issued by HM Revenue & Customs (HMRC) has been in error. Read More

Small and medium-sized enterprises (SMEs) are being warned of the dangers of falling behind on their corporation tax payments, after a new study found that the total value of payments in arrears now sits at around £1.82billion. Read More

London retailer Fortnum & Mason is attempting to persuade its workforce to accept a cut in basic pay in return for a share of tips in a move that will help reduce its tax liabilities. Read More

The majority of the UK’s small and medium-sized enterprises (SMEs) have cost-cutting on their Christmas lists, and are eyeing up expansion and exploring new marketing opportunities as New Year’s resolutions, according to research. Read More

Nearly half of all UK small and medium-sized enterprises (SMEs) are being paid late, a report has revealed. Read More

HM Revenue & Customs (HMRC) claims that a recently-introduced crack down on cybercrime has already reduced the number of ‘phishing scams’ purporting to be from the Revenue by 300 million. Read More

The Government has released a new draft of the Finance Bill 2017, which sets out proposals to use policies introduced during the Budget 2016 and Autumn Statement announcements support businesses through the tax system while simultaneously clamping down on tax evasion and avoidance. Read More