Midnight on January 31 is the deadline for people to fill in their Self-Assessment tax returns online but around 1.5 million people in the UK have still not done so.
The price of housing rose by 0.7 per cent in January, the 13th consecutive monthly increase, and prices were also up 8.8 per cent year-on-year, taking the average price of a house in the UK to £176,491.
A number of groups have called on the Government to set up a Small Business Administration (SBA), similar to the US model in a bid to form a long-term strategy to help small firms.
According to the latest figures from the Office for National Statistics (ONS), the UK economy grew by 0.7 per cent in the last quarter of 2013, bringing the annual growth rate to 1.9 per cent, the fastest rate of growth
The Prime Minister, David Cameron, has pledged today (January 27) that thousands of rules affecting small and medium-sized enterprises (SMEs) are to be scrapped or amended.
According to figures published this week by the Office for National Statistics (ONS), the number of people becoming self-employed is rising sharply, with nearly 150,000 individuals starting up as their own boss towards the end of 2013.
The rate of unemployment in the UK fell to 7.1 per cent yesterday (January 22), almost reaching the level at which the Bank of England said it would consider raising interest rates.
The International Monetary Fund (IMF) has raised the UK’s economic growth forecast for 2014 from 1.9 per cent to 2.4 per cent, a higher estimate than for any other major European country.
The Organisation for Economic Co-operation and Development have recently suggested that rules designed to close tax loopholes used predominately by technology companies are not viable, due to the ever-growing digital presence within large parts of the economy.
The number of petitions being issued by HM Revenue & Customs (HMRC) to wind-up firms has fallen dramatically in the past year, taking the practice to the lowest level of usage in five years.