According to data from the Insolvency Service, during 2019 the total number of company insolvencies in England and Wales rose to its highest level since 2013. The figures revealed that…
The Chancellor of the Exchequer, Sajid Javid, has raised the threshold at which taxpayers start to pay national insurance contributions (NICs) to £9,500 a year. The change will apply for…
The implementation of Making Tax Digital for VAT (MTD for VAT) has proved costly and has failed to reduce errors, according to a survey by the Chartered Institute of Taxation…
Residential property sellers with taxable gains must beware major changes to the capital gains tax (CGT) rules, the Chartered Institute of Taxation (CIOT) has warned. New rules which are due…
The Institute of Directors (IoD) has urged the government to publish its negotiating objectives as the UK moves towards the next stage of Brexit talks. The business group surveyed 950…
The scourge of late payments has continued to worsen over the past few years with larger numbers of UK businesses now owed more money for longer periods of time. Those…