New data has revealed a sudden surge in Inheritance Tax (IHT) receipts this year, despite the introduction of new rules allowing those who pass property down to direct descendants to tap into an additional tax-free allowance. Read More
Month: July 2017
Million in tax repaid to savers who used pension freedoms
HM Revenue & Customs (HMRC) has repaid some £26 million in tax on cash accessed through pension freedoms over the last three months, a report has revealed. Read More
SMEs urged to consider flexible working
Small and medium-sized enterprises (SMEs) are being urged to consider flexible working options, after a new study found that absenteeism is hitting business’ profitability. Read More
Conditions similar to those in the run-up to financial crisis, says head of business committee
The new head of the business select committee has warned that today’s debt problems are similar to those in the run-up to the 2008 financial crisis. Read More
Three million small businesses to benefit from Making Tax Digital plan changes
Government-led Making Tax Digital plans have recently been revised to benefit three million small businesses and landlords. Read More
Research reveals rise in female-led start-ups
A new study suggests that there has been a surge in female-led start-up businesses in recent years, contradicting the popular belief that the UK suffers from a gender ‘enterprise gap’. Read More
Auto-enrolment surpasses eight million member target
There are now more than eight million employees saving into a workplace pension thanks to the Government’s auto-enrolment pension scheme. Read More
Minister confirms increase in pension age will be brought forward
The Government yesterday announced fresh changes to the State Pension age, set to affect around six million Britons.
British entrepreneurship on the rise
A new study suggests that British entrepreneurship is on the rise and that small and micro-businesses are growing increasingly prominent across the UK. Read More
Insurance tax hikes car insurance prices up by 11 per cent
Over the past year, the cost of annual car insurance policies has risen by 11 per cent, the biggest increase since 2012. Read More