Thousands of charities are filing their accounts or annual returns late.
Pensions Minister Steve Webb has proposed a flat rate pension tax relief of 33 per cent so that basic rate taxpayers could get more from their savings. This would mean that every saver would get a 50p tax rebate for every £1 they spend.
The Charity Commission has urged larger firms to use a free questionnaire to test how resilient they are to fraud and to estimate how much it is costing them.
An investigation has been launched as to whether there is sufficient competition in the investment and corporate banking sectors.
According to a bulletin from HM Revenue & Customs (HMRC) this week, employers will not incur penalties for short delays of up to three days in filing Pay As You Earn (PAYE) information for their employees.
RBS and NatWest, two of the UK’s largest high street banks, are to allow customers with an iPhone 5s, 6 and 6 Plus to access their accounts via the fingerprint recognition function available on their devices.
The London Assembly’s Housing Committee has produced a report saying that the VAT disparity between refurbishment and new build should be cut to allow homes to be regenerated rather than knocked down.
Employers with fewer than 50 staff will no longer be exempt from penalties in filing delayed PAYE information.
The UK’s economic growth forecast for this year has been upgraded by the Confederation of British Industry (CBI), the business lobby group.
Businesses in England are being urged to submit a valid rates appeal before the Government’s deadline of 31st March 2015 for backdated revaluation claims (for commercial properties) has passed.