We are all aware of the unimaginable sums that some Premier League footballers are paid. But have you ever considered the organisation to be a national financial asset? The accountancy firm Ernst and Young report [...]
If the answer is “no”, you are definitely not alone. According to a recent Which? survey, nearly half of those surveyed did not know the Personal Allowance threshold. Which? asked 4,572 people to take their [...]
The British Retail Consortium reports that the UK had the worst retail sales figures in ten years. This can only be bad news for our, already struggling, high streets. We previously explained the current [...]
We already have a sugar tax on fizzy drinks and there have been quite a few headlines touting the idea of a meat tax and, most recently, a pudding tax. From the headlines it can [...]
If you gave or received HMV vouchers this Christmas, the news of the company’s move into administration may have added a little disappointment to your festivities. But don’t worry, the current advice is to get [...]
HMRC investigate and prosecute individuals and companies that have broken tax law every day. This particular story is in the headlines because it involves a Blackburn restaurant that participated in Ramsey’s Best Restaurant in 2013. [...]
One of HMRC’s many powers is the ability to seize the assets of businesses that are unable to pay their tax bill in cash. Last financial year, they did this to 2,833 businesses. This is [...]
As you stop for a quick caffeine and sugar hit while you’re Christmas shopping, this latest story may affect your choice of coffee shop. Caffe Nero are the latest in a line of huge companies [...]
HMRC considers a Christmas party to be in the interests of ‘staff welfare,’ so some employers can claim it as a tax and NICs exemption. Which businesses can claim a Christmas party tax exemption? You [...]
The short answer is, it depends how much you earn whether or not you pay less income tax if you live in Scotland. According to the proposed new budget, it will actually be more expensive [...]
