According to new research released by Cool Company, the digital payroll solution for contractors, nearly half of all contractors (46%) have increased their client rates in 2022, with more than… The post 46% of contractors have increased rates 2022 leaving many worring about poor cash flow appeared first on London Business News | Londonlovesbusiness.com.
The government should immediately reverse its flawed National Insurance (‘NIC’) policy to benefit working families, say leading tax and advisory firm, Blick Rothenberg. “The government’s direction to introduce a 1.25%… The post Government’s flawed NIC tax policy should be reversed immediately appeared first on London Business News | Londonlovesbusiness.com.
IR35 Shield has proven that HMRC’s Check Employment Status for Tax (CEST) tool contains fundamental flaws that expose users to considerable risk. The evidence compares failed legal arguments made by… The post Fresh evidence shows HMRC’s IR35 tool is failing firms appeared first on London Business News | Londonlovesbusiness.com.
HMRCs total receipts in the last 12 months are up 16.32% (£733bn from £630bn) on the previous year buoyed by increases in receipts from VAT (£29.4bn), Income Tax (£26.1bn) Corporation… The post HMRC tax receipts surge by over 16% in the last year, the Chancellor could do more appeared first on London Business News |…
Grants, loans and tax credits, there are a raft of measures that can help SMEs to navigate the current economic crisis and continue to scale up their businesses even in… The post Consider tax relief ahead of expensive business loans, experts urge appeared first on London Business News | Londonlovesbusiness.com.
The monarchy is a source of national pride for many British people. Through the queen, it captures the sense of national identity, hence the Brits’ unity. Moreover, it creates consciousness… The post Royal family costs UK taxpayers a staggering £87.5m in 2021 as Brits brace for the cost of living crisis appeared first on London…
The Prime Minister is being urged to prove he is serious about his levelling agenda by not over taxing high streets across the regions next year with nearly 650,000 retail jobs… The post 650,00 retail jobs lost in last 5 years as the Prime Minister warned don’t over tax high streets next year appeared first on…
The current VAT policies for electric cars directly discriminate in favour of petrol and diesel cars in direct contradiction to the Government’s green agenda and against different types of users,… The post Government VAT policies discriminate in favour of diesel and petrol cars ‘risking an even bigger political tsunami’ appeared first on London Business News…
Check your tax code If you’re a full or part-time employee you’re likely to be paying tax via pay-as-you-earn (PAYE). This means your income tax is deducted at source and… The post Six ways to ensure you aren’t paying too much tax appeared first on London Business News | Londonlovesbusiness.com.
Research from tax refund experts, RIFT Tax Refunds, reveals how much tax is paid by Premier League footballers revealing that, while some might consider them to be overpaid prima donnas, they… The post Premier League stars pay nearly £13m to the tax man appeared first on London Business News | Londonlovesbusiness.com.
