British businesses paid £186 billion in tax in 2017/18, report reveals

UK businesses paid approximately £186 billion in tax during the 2017/18 financial year, a new report from the Confederation of British Industry (CBI) has revealed.

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Scam alert: fake emails from Companies House

The Government has alerted business owners and directors to a new scam email professing to be from Companies House. If you receive one of these emails, do not open it and report it to the relevant authority.

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SMEs keen to expand their business portfolios

More than a third (38 per cent) of UK small and medium-sized enterprises (SMEs) are planning on expanding their business portfolios this year by acquiring new premises and investing more money in e-commerce and new technology, a new survey reveals.

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HMRC forced to remove “incorrect” pension calculator from website

In recent days, HM Revenue & Customs (HMRC) has been forced to remove a popular online calculator from its website, after it emerged that the software was giving users “incorrect” information about how much money they can save into their

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Keep up to date with Foreign Tax Credit Relief Scheme requirements

Employers who are required to deduct foreign tax in addition to UK PAYE from the salaries of employees who work abroad should take note of an important reminder.

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OTS calls for “detailed review” of business tax

The Office of Tax Simplification (OTS) has called for a “detailed review” of the ways in which the UK’s tax system affects businesses, amid concerns that urgent simplification is required in order to stimulate growth. In recent days, the Government

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SME confidence soars to three-year high

Business confidence among small and medium-sized enterprises (SMEs) soared to a three-year high in the first three months of 2018, a new study has revealed.

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EMI relief expires: what you need to know

EU State Aid approval for the Enterprise Management Incentives (EMI) scheme expired on 6 April 2018, meaning any share options received after this date may not be eligible for tax reliefs.

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Employee satisfaction on the rise among SME workers

A new study suggests that the majority of Britons who work for small and medium-sized enterprises (SMEs) are highly satisfied with their roles.

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Recruitment company faces prosecution for ‘meddling’ with auto-enrolment

In the first known prosecution of its kind, a national recruitment company accused of illegally ‘meddling’ with its workplace pensions scheme is facing legal action at the hands of The Pensions Regulator (TPR).

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