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Month: July 2017

Data reveals sudden surge in Inheritance Tax receipts

31st July 201731st July 2017 McGills

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

Million in tax repaid to savers who used pension freedoms

28th July 201728th July 2017 McGills

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

27th July 201727th July 2017 McGills

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

26th July 201726th July 2017 McGills

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

25th July 201725th July 2017 McGills

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

24th July 201724th July 2017 McGills

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

21st July 201721st July 2017 McGills

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

20th July 201720th July 2017 McGills

The Government yesterday announced fresh changes to the State Pension age, set to affect around six million Britons.

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British entrepreneurship on the rise

20th July 201720th July 2017 McGills

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

19th July 201719th July 2017 McGills

Over the past year, the cost of annual car insurance policies has risen by 11 per cent, the biggest increase since 2012. Read More

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