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Latest News for Business

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Businesses urged to prepare for post-Brexit Customs Declarations

06 Feb 2019

HMRC is urging VAT-registered UK businesses which trade exclusively with the EU to be prepared for a no deal Brexit.

MTD for VAT - pilot extended to all eligible businesses

06 Feb 2019

HMRC has extended its Making Tax Digital for VAT pilot scheme to all eligible businesses.

HMRC's Voice ID database

06 Feb 2019

Since 2017, HMRC has captured millions of callers' voice data on its Voice ID system.

Spring Statement date announced

06 Feb 2019

The Chancellor of the Exchequer, Philip Hammond, has announced that the government will respond to the forecast from the Office for Budget Responsibility in the Spring Statement on Wednesday 13 March 2019.

'Unbelievable excuses' for late filing of tax returns

06 Feb 2019

HMRC has revealed some of the most 'bizarre excuses' taxpayers have given for failing to file their self assessment tax return on time.

Protect your pension pots

06 Feb 2019

The Insolvency Service has urged individuals saving for retirement to protect their pension pots from criminals and 'negligent trustees'.

Scottish Budget 2018 income tax changes

07 Jan 2019

Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget on Wednesday 12 December 2018 setting out the Scottish government's financial and tax plans.

Scottish Budget 2018 property tax changes

07 Jan 2019

In the 2019/20 Scottish Draft Budget, Derek Mackay announced changes to Scottish Land and Buildings Transaction Tax.

HMRC reminder to employees to claim their tax deductible expenses

07 Jan 2019

HMRC is reminding employees that they may be able to claim a tax rebate on their work related expenses.

Pension contribution increases ahead

07 Jan 2019

The Pensions Regulator is reminding employers about the workplace pension contribution increases from 6 April 2019.

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