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.
In his Autumn Statement delivered last week, Chancellor Philip Hammond announced several major tax benefits that will affect how much of their earnings workers will be allowed to keep from next April.
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.
Latest figures have revealed the growing popularity of self-employment among UK workers.
Earlier this year there was a consultation on salary sacrifice arrangements, where employees agree to a reduced salary so as to receive other benefits instead but critics are concerned that the proposals go further than this and are intended to apply wherever a benefit has been obtained instead of cash.
HM Revenue & Customs (HMRC) raised £536.8billion in the 2015/16 financial year, according to a performance summary carried out by the National Audit Office (NAO).
For weeks now, senior figures from the world of business have been at pains to point out just how important this year’s Autumn Statement will be. The new Chancellor, Philip Hammond, stepped up to the despatch box to give his most significant speech since he took charge of the Treasury during the summer. If his
The maximum compensation payable to savers if their bank collapses is to return to its previous limit of £85,000, a report has said.