Buy-to-let regulations fuel rent rises

13/10/2017

A study has revealed that landlords are increasing rent prices as a result of the recent introduction of buy-to-let tax regulations. The estate agent, Your Move has analysed rental prices on around 20,000 properties and found that the average rent in England and Wales has risen by 3.1% in the past year. With the average…

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Paper self-assessment tax return deadline reminder

11/10/2017

The deadline to submit your self-assessment paper tax return for the 2016/17 tax year is the 31st of October 2017. Any income received during the tax year running from the 6th of April to the 5th of April must be accounted for in your tax return. To report your income, claim tax reliefs or any…

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Businesses urged to prepare for Data Protection Bill

29/09/2017

Individuals will be able to legally ask businesses to delete certain personal data under new proposals outlined in the Data Protection Bill.   The Bill forms part of the EU’s General Data Protection Regulation (GDPR), which is due to come into effect on the 25th of May 2018. The legislation will allow individuals to have…

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Recruiters working harder to fill vacancies

A study has found that recruiters are finding it increasingly difficult to hire new staff as a result of the tough competition they’re facing for highly skilled employees.   Of the 400 recruitment agencies which were surveyed by IHS Markit for the Recruitment and Employment Confederation (REC), 40% said that the availability of temporary staff…

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Rising national living wage hits SME profits

According to new research, 64% of small businesses are seeing profits fall as a result of the national living wage (NLW) increasing.   On the 1st of April 2017, the NLW increased from £7.20 to £7.50 per hour. While this is great news for employees, its hitting small and medium enterprises hard. Out of 835…

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