Latest News

Spring Statement 2018 - March 13, 2018

By the time Chancellor Philip Hammond rose to his feet in the House of Commons to deliver the first Spring Statement, he … Read more

Chancellor calls for Inheritance Tax review to make regime “fit for purpose” - March 13, 2018

The Chancellor, Philip Hammond, has asked the Office of Tax Simplification (OTS) to undertake a review of the Inheritance … Read more

Cash payments plunge as digital payments become the default for many consumers - March 13, 2018

New research from finance and banking trade body, UK Finance, has found that debit card transactions will overtake those … Read more

Only a third of EIS taken up by companies outside London - March 13, 2018

New data from HM Revenue & Customs (HMRC) shows that businesses in London and the South East account for 66 per cent … Read more

Does Nesquik attract VAT? It depends on the flavour, Revenue says - March 13, 2018

An apparently counterintuitive judgement was handed down last month by the Upper Tier Tribunal as it ruled VAT should be … Read more

SMEs invest three working weeks a year on tax compliance - March 13, 2018

A new study, prepared by the Federation of Small Businesses (FSB), has found that the UK’s average small business spends … Read more

Tax-Free Childcare launches for all parents of under-12s - March 13, 2018

A scheme, enabling parents of children aged 12 and under to benefit from up to £2,000 towards the cost of childcare, has … Read more

Remain-supporting former minister strikes optimistic note on post-Brexit economy - February 6, 2018

Former Conservative Treasury Minister, Lord Jim O’Neil has told the BBC that gloomy predictions for the post-Brexit UK … Read more

Millennials set for ‘inheritance boom’… but not until the 2030s - February 6, 2018

A new report from think-tank, the Resolution Foundation, predicts that so-called ‘millennials’, those aged between 17 … Read more

Ban on passing credit card fees on to consumers hits small businesses in the pocket - February 6, 2018

A ban on passing on charges from credit card providers to consumers, which came into effect last month, is hitting small … Read more