Business News

Business News

23 Feb 2018

Deadline to spend old £10 notes rapidly approaching, Bank of England warns

The Bank of England (BoE) has warned that the deadline for spending old £10 notes is rapidly approaching.

22 Feb 2018

Data shows many firms 'paying male employees more than female employees'

Data published by the government's Equalities Office has revealed that a vast majority of UK firms are paying male employees more than their female employees.

21 Feb 2018

Businesses 'turning to alternative sources of finance', research suggests

Research published by the British Business Bank (BBB) has suggested that UK small businesses are increasingly turning to alternative sources of finance to fund their plans for growth and expansion.

20 Feb 2018

SMEs expect cryptocurrency payments to reach high street 'within two years'

Research carried out by card payments provider Paymentsense has suggested that owners of small and medium-sized enterprises (SMEs) expect cryptocurrency payments to be a reality on the UK high street 'within two years'.

19 Feb 2018

Average UK small business ‘spends £5,000 on tax compliance every year’, study finds

A new report published by the Federation of Small Businesses (FSB) has found that the average UK small business spends £5,000 per year on tax compliance.

16 Feb 2018

Significant number of UK workers 'planning to become self-employed', research finds

Research carried out by banking group Aldermore has suggested that a significant number of UK workers are planning to become self-employed in the future.

15 Feb 2018

Bank of England survey suggests UK workers in line for pay rise

The Bank of England (BoE) has indicated that a significant pay rise could soon be in store for UK workers.

14 Feb 2018

Shared parental leave take-up ‘as low as 2%’, says government

The Department for Business, Energy and Industrial Strategy (BEIS) has suggested that take-up of shared parental leave ‘could be as low as 2%’.

13 Feb 2018

Research suggests 70% of individuals ‘unaware of inheritance tax nil-rate band’

Research carried out by Canada Life has suggested that a significant amount of individuals ‘do not know the threshold’ for the standard inheritance tax (IHT) nil-rate band.

12 Feb 2018

Government launches power of attorney fee refund scheme

The Ministry of Justice (MoJ) has launched a refund scheme for those who may have been overcharged for power of attorney arrangements.

09 Feb 2018

HMRC invites businesses to take part in Making Tax Digital for VAT pilot scheme

HMRC has urged accountancy bodies to help it enlist willing businesses to take part in an upcoming Making Tax Digital for VAT (MTD for VAT) pilot scheme.

08 Feb 2018

Research suggests lack of savings putting individuals 'at risk of financial hardship'

Research carried out by banking group Aldermore has suggested that a lack of business savings is putting a strain on self-employed individuals in the UK.

07 Feb 2018

Government outlines reforms in response to Taylor review of employment practices

In response to Matthew Taylor's Review of Modern Working Practices, the government has outlined a series of reforms, designed to give 'flexible workers' new employment rights.

06 Feb 2018

HMRC's VAT bill worth 21% of its total tax take, data reveals

Data published by HMRC has revealed that VAT now accounts for 21% of the Revenue's overall tax take.

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