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Business News

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Business News

Over three million still to file self assessment returns

HMRC has stated that more than three million taxpayers are yet to file their self assessment tax return despite the deadline looming. Taxpayers must file their tax return by midnight…

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27/01/2020
Business News

HMRC publishes secondary draft legislation for off-payroll reforms

HMRC has now published draft secondary legislation for the off-payroll working rules that are due to come into force in April this year. In 2017, HMRC introduced new off-payroll rules…

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24/01/2020
Business News

Witchcraft and hamsters amongst worst self assessment excuses

Vengeful witches and pet hamsters feature in HMRC's list of imaginative excuses and expense claims, which has been published in the run up to the self assessment deadline. The tax…

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23/01/2020
Business News

Anti-money laundering penalties total £6.2 billion worldwide in 2019

Anti-money laundering (AML) penalties reached a record high of £6.2 billion worldwide last year, according to data from software company Encompass Corporation. Globally regulators handed out 58 AML penalties, which…

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22/01/2020
Business News

New legislation aims to tackle late payments

New legislation is being introduced to Parliament today that aims to tackle late payments and strengthen the powers of the Small Business Commissioner.  A Private Members Bill is being introduced…

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21/01/2020
Business News

Government promises review of student loans repayment system

The government has vowed to undertake a revamp of the current student loans repayment system. From April 2020, graduates will only be required to start paying back their loan if…

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20/01/2020
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