How to avoid tax scams this Christmas

The number of tax scams reported each month has jumped to 85,000, a new study has revealed.

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Study suggests average small business is owed almost £25k in late payments

A new study carried out by cloud software provider Xero reveals that the average small British business is owed almost £25,000 in late payments.

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Should HMRC delay Making Tax Digital for VAT?

The Lords Economic Affairs Committee says the Government need to listen to small businesses and delay the rollout of Making Tax Digital for VAT programme by at least a year. Recently, the House of Lords’ Economic Affairs Committee has called

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Stamp Duty relief saves first-time buyers £426 million

More than 180,500 first-time buyers have saved on purchasing their first home since the introduction of Stamp Duty Land Tax relief, new figures reveal. The data, published by HM Revenue & Customs (HMRC), shows that the estimated total amount saved

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What are the consequences of doing nothing about Making Tax Digital?

What is Making Tax Digital (MTD)? By April 2019 all VAT registered businesses in the UK above the VAT threshold (£85,000) will need to switch to a digital tax system and report VAT quarterly using HM Revenue & Customs (HMRC)

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SMEs urged to claim broadband vouchers

The Government is urging SMEs make use of a scheme that can earn them a £2,500 voucher towards the installation of fibre optic broadband.

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SMEs need to invest more time and money in recruitment and productivity

UK small and medium-sized enterprises (SMEs) are being urged to invest more time and money in improving recruitment and workplace productivity, after a new study found that ‘underperforming employees’ are costing small businesses almost £40,000 a year.

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HMRC warns university students over fake tax refunds scam

HM Revenue and Customs (HMRC) reported that thousands of students have been targeted by hackers, who have tried to obtain their financial details. 

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Don’t forget about the Christmas party tax break!

Wow, is it that time of year already? As the holiday season fast approaches, businesses up and down the country will be spreading the joy by treating their employees to a night full of festivities.

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Wages showing fastest increase in almost a decade

According to the latest figures from the Office for National Statistics (ONS), wages rose at the fastest pace in nearly a decade in the three months to September.

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