Small businesses in the creative and digital industries are an increasingly crucial part of the economy in the UK’s major cities, a new report has revealed.
Pensions Minister Ros Altmann has launched an advertising campaign featuring a fluffy monster-like character called ‘Workie’, who is designed to embody the workplace pension in a bid to raise awareness about auto-enrolment (AE) amongst small employers.
HM Revenue and Customs (HMRC) is set to charge corporation tax to 45 per cent on any interest it has to pay back to taxpayers who initially overpaid the amounts they owed.
The Financial Conduct Authority (FCA) has published its official internal audit report, and the findings show that standards were not met in several key areas.
The European Court of Justice (ECJ) has ruled that bitcoin and other digital currencies are to be exempt from VAT after the Swedish tax authority disagreed with a court ruling following a policy query by a Swedish dealer in the cyptocurrency.
One of the Prime Minister’s economic advisors has courted controversy after claiming that it was “as good a time” as any to be made redundant.
According to the most recent information from the Office for National Statistics (ONS), economic growth for the UK was at a rate of 0.5 per cent for the period from July to September.
New research has found that almost a third of overdrafts held by small and medium-sized enterprises (SMEs) in the UK have been reduced or removed altogether over the past two years, with the trend likely to continue as banks’ capital controls tighten.
Starting from next April, charities will be required to use a revised Gift Aid declaration form for one-off donations.
According to the Government’s business department, the nation’s income would be given a £20 billion boost if it were to leave the European Union (EU).