Recruitment of permanent staff stops falling for first time in four years
Analysis carried out by the Recruitment and Employment Confederation (REC) has revealed that recruitment of permanent staff stopped falling in...
Tax & Accountancy Updates, Insight and News
HMRC updates guidance on reduced VAT rate for summer holidays
HMRC has updated its guidance on the temporary reduced rate of VAT applicable to children’s meals, family attractions and tickets.Between...
Trade body calls for Prime Minister to drop tourist tax plans
Trade body UK Hospitality has urged Prime Minister Andy Burnham to shelve plans to expand the so-called ‘tourist tax’ across...
Business group outlines three-point plan for new government
The British Chambers of Commerce (BCC) has set out a three-point plan for the new government.According to the BCC, Prime...
Business group calls for government to build trust in AI among small firms
The Federation of Small Businesses (FSB) has called for the government to help build trust in artificial intelligence (AI) amongst...
800,000 self-employed individuals could have gaps in their NI record
HMRC will write to nearly 800,000 taxpayers who could have gaps in their National Insurance (NI) record.The issue affects taxpayers...
Don’t ignore Simple Assessment letters, says HMRC
HMRC has urged customers not to ignore Simple Assessment letters for the 2025/26 tax year.HMRC issues around 1.8 million Simple...
UK pension providers establish new scale-up fund
UK pension providers have joined forces to establish a new UK scale-up fund of more than £1 billion to back...
Prime Minister cuts business rates for pubs, clubs and music venues
Prime Minister Andy Burnham has slashed business rates for pubs, clubs and live music venues in England by 20%.The reduction...
Tax fall-out from change to financial reporting standards
Businesses impacted by change to the main financial reporting standard, FRS 102, should be alert to the potential for repercussions...
Family fun with temporary summer VAT rate
But for the hospitality businesses impacted, another set of rules to get right.To make family days out more affordable and...
HMRC ups game with state-of-the-art AI
HMRC has recently partnered with British-based data analytics and AI leaders, Quantexa, in a £175 million deal.Quantexa works with public...