One of Britain’s largest housebuilders says that the Government’s ”extraordinary attack on buy-to-let landlords” has led to a sharp decline in the number of reservations made for its properties.
MPs from the Public Accounts Committee (PAC) have voiced concerns that the “looming threat” of Making Tax Digital (MTD) will result in a “catastrophic collapse” in customer service at HM Revenue & Customs (HMRC).
A new study suggests that some 65 per cent of UK small and medium-sized enterprises (SMEs) are struggling to win business in the public sector.
In last week’s Autumn Statement, Chancellor Philip Hammond announced that the National Living Wage hourly rate will rise in April next year to £7.50 for workers aged 25 or over. Recommended by the Low Pay Commission (LPC), the rise represents a 4.2 per cent increase for this cohort from the current rate of £7.20.
The UK has jumped five places to 10th position in a World Bank league table of business-friendly tax regimes, reflecting the corporate tax cuts introduced by former Chancellor George Osborne, who was determined to demonstrate that Britain was “open for business”. In addition, the country had the highest ranking of any G20 country, followed by
Sleep deprived workers are costing the UK economy nearly £40 billion a year, a report has revealed.
HM Revenue & Customs (HMRC) will be the first Government department to crack down on so-called ‘phishing scams’, following reports of a rise in fraudulent emails purporting to be from the Revenue and tricking taxpayers into releasing sensitive information.
UK growth has remained robust since the European Union (EU) Referendum, according to new data from the Office for National Statistics (ONS), which confirms that gross domestic product (GDP) grew by 0.5 per cent between July and September.
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