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Spring Statement 2018 – were there any changes?

Chancellor Philip Hammond has delivered his Spring Statement 2018, and on his promise to move away from two major fiscal announcements every year. There was no red briefcase, no red book, and no tax changes as the chancellor announced updated economic forecasts in a...

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Over-65s targeted in gift card tax scam

HMRC has issued a warning about fraudsters who are preying on victims by cold-calling them and impersonating members of staff from the Revenue. The vulnerable and elderly are being told they owe large amounts of tax which they can only pay off through digital vouchers...

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Companies banned from charging credit card fees

Retailers and businesses can no longer charge consumers to pay by credit card for goods or services. The ban was introduced on the 13th of January 2018 on the back of a widespread piece of EU legislation and has been met with mixed reactions. Some companies have been...

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Record number of private sector businesses

According to official government figures, the number of private sector businesses in the UK hita record high of 5.7 million at the start of 2017. Annual statistics from the Department for Business, Industry, Energy and Strategy showed a year-on-year rise of 197,000,...

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