Apprenticeship starts down by 24%

A year on from the introduction of the apprenticeship levy, official statistics show the number of people starting an apprenticeship has fallen by almost a quarter. Figures published by the Department for Education reveal that from August 2017 to January 2018, the...

Smaller landlords feel the sting of tax changes

The number of landlords with smaller portfolios has decreased, following tax changes in the buy-to-let sector. Research by Paragon found that the proportion of landlords with 3 to 5 properties down from 26% to 24% at the end of 2017. This contrasted with rising...

OTS calls for business tax simplification

The Office for Tax Simplification (OTS) is calling on the government to reform the tax system for businesses at the key stages of their growth. A report published on 16 April 2018 outlines several areas where the taxation of businesses could be simplified and reliefs...

Over-55s worried about running out of retirement income

Nearly half of people aged over 55 fear the prospect of running out of money in retirement, research shows. SunLife polled 50,000 individuals and found that 2 in 5 over-55s worry about whether their pension will cover retirement, while 43% are concerned they might run...

Directors positive about UK economy

Business leaders' optimism about the UK economy has turned positive for the first time in almost a year, a survey by the Institute of Directors (IoD) shows. The IoD polled 693 company directors and found that confidence in the economy reached 1% in March 2018, having...