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Month: March 2017

Hospitality sector warns about EU staff shortfall

31st March 201731st March 2017 McGills

Members of the hotel, restaurant and tourism industries have warned that the UK faces a shortfall of up to 60,000 workers a year if immigration from the European Union is restricted. Read More

CEBR report sheds light on SME growth trends

30th March 201730th March 2017 McGills

The Centre for Economics and Business Research (CEBR) has published a new report which sheds light on the growth trends of Britain’s small and medium-sized enterprises (SMEs). Read More

New car tax rules to be introduced this week

29th March 201729th March 2017 McGills

New car tax rules to be introduced this weekend could see bills rise by thousands of pounds. Read More

‘True costs’ of Making Tax Digital still unclear, says Treasury Committee

28th March 201728th March 2017 McGills

The Treasury Committee has again called on HM Revenue & Customs (HMRC) to provide greater clarity on the true costs of Making Tax Digital (MTD) for small and medium-sized enterprises (SMEs). Read More

12 per cent rise in winding-up applications to recover unpaid tax

27th March 201727th March 2017 McGills

A new study suggests that the number of winding-up applications issued by HM Revenue & Customs (HMRC) to small and medium-sized enterprises (SMEs) is on the rise. Read More

New technology to see cheques clear within one working day

24th March 201724th March 2017 McGills

From October this year, businesses that pay cheques into their accounts will be able to get the money cleared within one working day. Read More

Tax-free childcare coming this April

23rd March 201723rd March 2017 McGills

From 28 April this year, parents with young children will be able to claim tax-free childcare against their yearly income. Read More

Inflation rises past BoE’s two per cent target

22nd March 201722nd March 2017 McGills

The UK’s inflation rate jumped from 1.8 per cent in January to 2.3 per cent in February, the Office for National Statistics (ONS) has revealed. Read More

Fines of up to £3,000 for failure to comply with Making Tax Digital, says HMRC

21st March 201721st March 2017 McGills

Taxpayers who fail to use Making Tax Digital, the Government’s all-new digital tax system, will face fines of up to £3,000, according to a consultation paper released today. Read More

Country’s wealthiest burdened by increasing taxes, says study

20th March 201720th March 2017 McGills

The tax burden on the country’s wealthiest individuals has nearly tripled since the 1970s, a study has revealed. Read More

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