Jan 14, 2021 | Current Affairs
The Department of Work and Pensions (DWP) has banned the use of flat fees on pension pots of less than £100.The measure is designed to help employees on the lowest incomes as well as individuals who change jobs more frequently, resulting in a range of different...
Jan 13, 2021 | Current Affairs
The Institute of Chartered Accountants in England and Wales (ICAEW) has called on HMRC to publish draft regulations and guidance on the forthcoming changes to the construction industry scheme (CIS).The ICAEW has urged HMRC to “move quickly” to give businesses enough...
Jan 12, 2021 | Current Affairs
Self-employed taxpayers may be able to avoid being fined if they miss the deadline for tax returns as a result of the COVID-19 pandemic, HMRC has said.The news comes as the deadline to submit returns approaches on 31 January 2021.According to HMRC, pandemic-related...
Jan 11, 2021 | Current Affairs
At least 250,000 small businesses in the UK are set to fold in the next year without further Government support, the Federation of Small Businesses (FSB) has warned.According to the organisation's small business index, just under 5% of the 1,400 firms surveyed said...
Jan 8, 2021 | Current Affairs
HMRC is reminding self-assessment taxpayers to submit their tax returns ahead of the midnight deadline on 31 January 2021.According to HMRC, around 5.4 million self-assessment customers have just under a month to file their tax return.Some 12.1 million self-assessment...
