HMRC’s plans for second self-assessment helpline closure sparks outrage October 18, 2023 HMRC is preparing for another closure of its tax self-assessment helpline after it gave users just 48 hours warning, MPs have been told.
With annual reports in the hundreds of pages, who has time to run a business? October 18, 2023 Financial reports for City firms now run into the hundreds of pages, creating an undue burden for businesses just trying to do their job, writes Patrick Spencer.
HMRC hitting businesses who fail to publish tax strategy with hefty fines October 17, 2023 HMRC is cracking down on larger UK businesses that fail to disclose their tax strategies to the public, with possible fines of £7,500.
Taxman doubles amount of unpaid tax recovered from UK football clubs October 2, 2023 HMRC more than doubled the amount of unpaid tax that it recovered from UK football clubs in the past year as part of a crackdown on the sport.
House sales fall by 16 per cent amid increase in mortgage rates – as industry looks at shoots of recovery September 29, 2023 The number of house sales fell by 16 per cent in August compared with the same month a year earlier, according to provisional HM Revenue and Customs (HMRC) figures. An estimated 87,010 home sales took place across the UK last month, which was 16 per cent lower than in August 2022 but 1% higher than [...]
Labour vows to overhaul apprenticeship levy to improve skills and growth September 25, 2023 Labour has pledged to reform the apprenticeship levy in a bid to encourage firms to improve their employees' skills.
Wilko: High street chain collapsed owing £400m to creditors September 15, 2023 Wilko collapsed with a well over £400m gap in its finances, according to documents published on Companies House, including £157.3m owed to trade creditors. The reports, first published by The Grocer, show that the high street chain owed £411m to unsecured creditors, and a further £25.8m was owed to HMRC. Some of the creditors included [...]
Uber’s driver numbers doubled since landmark court ruling — but will passengers be safe from fare hikes? September 12, 2023 More than 100,000 UK drivers are now earning on the app each week, an increase of 85 per cent since the change, Uber said.
PMQs sketch: Raac city, b*tch September 6, 2023 If there was ever an evocative symbol of so-called Broken Britain, it is the image of school children turning up on the first day of term to a building at risk of crumbling.
UK house prices drop by 0.8 per cent as ‘softening’ of growth at weakest since 2009 September 1, 2023 Nationwide said house prices are now 5.3 per cent below their August 2022 peak, while the average property value is now £259,153.