Improving the quality of data on the company register, a crackdown on overseas property owners and investment in IT systems are the priorities for Companies House in the next 12 months Companies House plans to invest £23m in modernising IT provision, according to the corporate plan...
Read MoreThe government has ruled out making any changes to the definitions of worker status for tax purposes, saying it could increase costs for business It has taken four years for the government to respond to the 2018 consultation on worker status which sought views on the...
Read MoreFour out of five employers stated that they were immediately impacted by the increase in National Insurance contributions (NICs) according to a recent survey The research by the British Chambers of Commerce (BCC) surveyed more than 1,100 UK employers and found that the national insurance increase...
Read MoreThe government plans to shake up debt repayments to try to reduce the number of voluntary insolvencies The statutory debt repayment plan (SDRP) will be a new statutory debt solution focused on repayment of debt, rather than debt relief, addressing a gap in the market. It...
Read MoreMorrisons has launched a last minute bid to save the convenience store chain McColl’s from administration The supermarket giant announced the bid this morning after McColl’s warned that unless it secured more funding then administration was increasingly likely. In statement released on Thursday McColl’s said: ‘Whilst no...
Read MoreThe Joint Chiefs of Global Tax Enforcement (J5) has released an intelligence bulletin, warning banks, law enforcement personnel and private citizens of some of the dangers when dealing with non-fungible tokens (NFTs) The J5 NFT Marketplace Red Flag Indicators is the first of its kind from...
Read MoreDeloitte and the Institute of Environmental Management and Assessment (IEMA) have launched a report which aims to provide a blueprint for organisations to develop green skills in their workforce The report, published by the Big Four firm and the professional body for environment and sustainability specialists,...
Read MoreFrom 6 April, employees and employers will have to pay an extra 1.25% on their National Insurance contributions (NICs) The controversial 1.25% rise to national insurance, which will be separated to become the social care levy in 2023 to directly fund the NHS, affects everyone under...
Read MoreRishi Sunak’s wife, Akshata Murty, has announced that she will pay tax on her foreign income after confirming her non-domicile tax status last week The decision to change her tax arrangements followed accusations of hypocrisy against the Chancellor from opposition parties saying that Sunak’s family is...
Read MoreThe average wait time on HMRC phone lines has improved in the last year with a two minute reduction to 12 minutes and 35 seconds The latest HMRC performance report indicates that calls are being answered more quickly than a year ago, down from an average...
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