Majority of Britons to pay less income tax following changes announced in Budget

The majority of Britons will pay less income tax from April 2019 following important changes announced in this week’s Autumn Budget.

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HMRC criticised for being ‘too aggressive’ to taxpayers

HM Revenue and Customs (HMRC) level of aggression towards taxpayers has shocked MPs.

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Can you save by preparing for the January tax return deadline now?

Have you thought about the January tax return deadline? For the majority of self-employed workers who choose to file their annual return online, January still seems like a long time away.

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Lords committee warns of “huge under-preparedness” ahead of Making Tax Digital

With Making Tax Digital (MTD) for VAT due to be rolled out in less than six months’ time, Lords have warned that there is “overwhelming evidence” indicating that businesses are still “under-prepared.”

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Unexpected UK inflation in September causes pound sterling to fall

In September, the UK inflation came in much weaker than expected, causing the pound sterling to fall dramatically.

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Don’t get “spooked” this Halloween, says ICAEW ahead of paper tax return deadline

With just a couple of weeks to go before Halloween, the Institute of Chartered Accountants in England and Wales (ICAEW) has urged taxpayers to avoid any unwanted frights this holiday season.

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Making Tax Digital for VAT pilot launched by HMRC

HM Revenue & Customs (HMRC) has this week opened a pilot scheme for Making Tax Digital (MTD) for VAT – the first phase of the Government’s digital tax reporting overhaul.

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HMRC clamp down on late payments by seizing assets from businesses’

Recently, there has been a sharp increase in tax inspectors taking control of goods to settle bills with companies who cannot afford to pay with cash.

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82 per cent of SMEs are struggling to recruit top talent, survey finds

The vast majority (82 per cent) of UK small and medium-sized enterprises (SMEs) are struggling to recruit the right talent they need to help their business grow, a new study reveals.

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Treasury weighing up tax break for landlords who sell to young adults

The chancellor, Phillip Hammond is considering introducing a tax break in this month’s budget rewarding landlords who sell their properties to sitting tenants, after it was revealed that 40 per cent of young adults are unable to buy a home.

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