Small and medium-sized enterprises (SMEs) are facing mounting pressure to ‘go cashless’ and adopt new payments technology in order to keep up to speed with consumer trends.
A new survey has found that over half of landlords in the UK feel optimistic about the buy to let sector despite a raft of regulatory and tax changes introduced in recent years.
A Court of Appeal ruling that employers must pay VAT on the wages of temporary staff could cost the charity sector an estimated £20 million in taxes, as many charities use temporary workers employed through an agency.
Businesses in the UK need to be aware that the Government is ramping up its Clean Growth Strategy as they could be tasked with reducing emissions and lowering their environmental impact.
The UK financial services (FS) sector paid a record high of £14.6 billion worth of corporation tax (including Bank Levy) in the last year, up 24 per cent from the £11.8bn paid during the 2015/16 financial year according to industry figures.
HM Revenue & Customs (HMRC) has reminded taxpayers that they can carry forward any unused annual allowance if their pension savings exceed this year’s allowance.