Recently, a number of people received scamming phone calls from what appears to be a genuine HMRC number. The Government department warns members of the public about the scam. They assure potential victims HMRC will never call without warning to ask for money. Mainstream media, such as Sky News, reported last week on the recent […]
Announcing the last pre-Brexit UK Budget, Philip Hammond said “austerity is coming to an end”. He revealed, as expected, more help for small businesses, social care, roads and motorways. Criticised for his “end of austerity” declaration, which many consider unrealistic, Hammond held a 71 minutes budget speech yesterday. Among the financial decisions mentioned, one will […]
HMRC recently announced a record in penalties against companies who failed to pay minimum wage over the last year. With £15.6 million of underpayments, the Government fined employers £14 million in total. The numbers recently presented by HMRC might look shocking. When we compare them, we notice employers who underpaid their staff members did not […]
With Brexit high in the news again, concerns rise for small and medium enterprises (SMEs). Predictions vary from possible positive outcomes to complete doom. And the current uncertainty, with waves of declarations from politicians, doesn’t clarify economy matters. But what do we know at the moment? And what are the major, imminent risks for UK […]
By September 30th 2018, landlords needed to declare any income earned from properties abroad. Mid-summer this year HMRC warned any such earnings from abroad, be it from renting or business, should be declared by the named date. Will you or your business be affected? And what else changed recently? Under the Common Reporting Standard (CRS), […]
A mutual fund is a investment fund that pools money from many investors to purchase securities. Mutual fund it is most commonly applied only to those collective investment vehicles that are regulated and sold to the general public.
A number of employers who paid staff less than the minimum wage will have to pay a total of more than £20,000. A list published by the UK government showed 14 Welsh businesses had underpaid a total of 64 workers – with some being owed more than £1,000. But a Michelin-starred chef said it was […]