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HMRC wins tax avoidance cases
HMRC has won three wins against tax avoidance schemes, upholding earlier judgments in HMRC's favour at the First- Tier Tribunal. These wins has resulted in HMRC protecting over £260 million in tax.The three cases were:Steve Price, John...
Small business, Enterprise and Employment Act
A wide ranging Act designed to make UK the best place to start and grow a business have become reality by being granted Royal Assent. The Small Business, Enterprise and Employment Act paves the way for businesses to improve access to...
Small businesses lack basic digital skills
The latest UK Business Digital Index has polled that 23% of small and medium sized enterprises (SME's) lack basic digital skills. Digital TrendsThe Index tracks and measures levels of digital ability amongst SMEs and charities. It...
Small business cash flow tips
Managing late payments are a significant issue to small businesses, with £46.1 billion currently being owed to businesses. In 2008 the amount owed was £18.6 billion, less than half of what is currently owed. With the situation...
HMRC report on IR35 cost
In summary the report states that continuing with the IR35 regime is more cost efficient than trying to get it abolished. The administrative cost to the public in continuing with this practice is £16 million, whilst abolishing it would...
Employment Status Report OTS
The Office of Tax Simplification’s have released a report today on Employment Status. Employment status is a subject that all parties – businesses, individuals, agents, HM Revenue & Customs (HMRC) and HM Treasury (HMT) – see as an...
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