Business
Will Drysdale, Senior Reporter, Business & Accountancy Daily
An employee on minimum wage is set to cost an employer £2,583 more per year due to upcoming rises in employer’s National Insurance and minimum wage
6th January 2025
Blog
HMRC launches R&D tax disclosure service
Will Drysdale, Senior Reporter, Business & Accountancy Daily
HMRC has set up a special R&D disclosure scheme for companies which have made excessive claims and are out of time to amend corporation tax returns
6th January 2025
EU to speed up withholding tax procedures
by Sara White, Editor, Business & Accountancy Daily
The European Council has adopted a new tax directive for faster and more transparent procedures to obtain double taxation relief
23rd December 2024
Can a good office entice workers back to their desks?
by Ella Woodward, Development manager, Muse
With businesses keen to get more staff back to the office, Ella Woodward, development manager at Muse discusses the importance of providing a workspace where staff want to be and wellbeing is considered
23rd December 2024
R&D tax relief for SMEs slumps by £1bn
by Will Drysdale, Senior Reporter, Business & Accountancy Daily
The amount paid out to SMEs in research & development (R&D) relief has been declining since 2021/22 as less companies attempt to claim the relief
18th December 2024
Budget 2024: reduced business rates for hospitality
by Will Drysdale, Senior Reporter, Business & Accountancy Daily
The Chancellor has reduced the level of business rate discounts for the retail, hospitality and leisure (RHL) businesses from 2026, while small business scheme is extended
4th November 2024
Budget 2024: employment allowance doubled to £10.5k
by Sara White, Editor, Business & Accountancy Daily
To counter the impact of the 1.2% hike in employer’s national insurance contributions to 15%, the employment allowance will be increased
4th November 2024
Loan charge up for second independent review
by Sara White, Editor, Business & Accountancy Daily
The government plans to commission another independent review of the loan charge after widespread dissatisfaction with the original Morse report and HMRC’s handling of the controversial issue
4th November 2024
Budget 2024: company car tax up 2%
by Sara White, Editor, Business & Accountancy Daily
Company car tax will increase by 2% hitting a maximum rate of 39% while contrived company car ownership schemes will be outlawed
4th November 2024
Employer NI hike will hit wages, admits Chancellor
by Sara White, Editor, Business & Accountancy Daily
Chancellor Rachel Reeves was forced to defend the decision to increase employer’s national insurance to 15%
4th November 2024
Penalties for Companies House non-compliance start at £250
by Sara White, Editor, Accountancy Daily
Companies House will start issuing fines of maximum £2,000 for repeat offenders for failures to comply with registration rules as part of a sweeping crackdown on abuse of the register.
15th October 2024
GDP growth up 0.2% driven by construction
by Sara White, Editor, Accountancy Daily
After a flat July, GDP was up by 0.2% in August, with the strongest growth across construction and manufacturing, but risk of inflation this autumn a concern
15th October 2024