May 30, 2019 | Business Tax
New rules for landlords and letting agents in England came into force on 1 June 2019, including a ban on letting fees and a cap on holding and tenancy deposits. The Tenant Fees Act has now made it illegal to charge tenants any fees aside from rent, deposits, and other...
May 28, 2019 | Business Tax
Small business ambition is on the rise, according to Government research, with more small and medium-sized employers planning to grow their sales in the future. In a survey by the Department for Business, Energy and Industrial Strategy, 71% of SME employers said they...
May 22, 2019 | Business Tax
Workers in Wales have been accidentally charged Scottish rates of income tax, after a mix-up involving tax codes. Welsh rates of income tax were introduced on 6 April 2019, requiring employers in Wales to use a ‘C' tax code to apply the rates. However, HMRC reported...
May 9, 2019 | Business Tax
The business rates system has become "uneconomical" and "unsustainable", and should be reviewed, according to the Confederation of British Industry (CBI). Business rates are a tax on most properties used for business purposes, and are calculated based on an estimate...
May 2, 2019 | Business Tax
Most small business owners do not think the tax system treats their business fairly, according to research from the British Chambers of Commerce (BCC). In a survey of 1,000 firms, 58% of SME owners said they think the UK tax system is unfair., while 67% don't believe...
