Press Releases

Auto-enrolment: don’t leave it too late

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Automatic enrolment of employees into workplace pension schemes is now well underway. By 2018, every UK employer will have been brought on board. Although the date that a business should begin enrolling their employees may still seem a long way ahead, businesses with as few as 50 workers will start to be brought on board […]

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Short service pension refunds to be scrapped

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The government is set to end the practice of employees who leave a job after less than two years having to withdraw pension contributions. The move, announced on 22 October, also lays the ground for wider government plans to make workplace pension saving easier by introducing automatic transfer arrangements for people who change employer during […]

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Younger women urged to consider financial protection

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Younger women are still not financially protecting themselves against illnesses including breast cancer, the commonest form of cancer in the UK, according to new research. The findings from Friends Life – released on 24 October to coincide with Breast Cancer Awareness Month – show that women under 34 were among the least likely to have […]

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ISAs set to offer peer-to-peer loans option

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The government has launched a consultation on measures that would enable savers to hold peer-to-peer loans in their ISAs. In the 2014 Budget in March, Chancellor George Osborne announced major changes for ISAs. They mean that savers can split the amount they put into a cash ISA and a stocks and shares ISA as they […]

Business News

Latest labour market employment figures

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The Office for National Statistics has announced that the latest statistics, based on the period May to July 2014, show that employment continued to rise and unemployment continued to fall. According to the ONS: ‘There were 30.61 million people in work. This was 74,000 more than for February to April 2014, the smallest quarterly increase […]

Business News

Deadline for ‘paper’ self assessment tax returns

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For those individuals who have previously submitted ‘paper’ self assessment tax returns the deadline for the 2013/14 return is 31 October 2014. Returns submitted after that date must be submitted electronically or they will incur a minimum penalty of £100. The penalty applies even when there is no tax to pay or the tax is […]

Business News

Latest fake ‘HMRC’ phishing scam

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We are aware that there is a new bogus email which is phishing scam aimed at taxpayers. The email which is supposed to come from HMRC states that the recipient is no longer eligible to receive a tax return and needs to sign up with their current details to get back into the system. It […]

Business News

UK broadband voucher scheme overhauled

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Businesses are being urged to take advantage of a scheme to get faster, cheaper broadband. The government is overhauling its plans for getting ultra-fast broadband to UK businesses after disappointing take-up of its current scheme. As reported by the BBC only £7.5m out of a possible £100m has so far been spent, with just 3,000 […]

Business News

Gift Aid and free admission

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HMRC have updated their guidance for charities to explain that the terms and conditions attached to a donation that gives a right of admission to property cannot include a right to a full or partial refund of the admission payment. To read the full HMRC guidance click on the link below. Internet link: HMRC guidance