Business concerns continue to plague UK SMEs
Business owners are grappling with inflation, labour shortages, access to finance, and supply chain disruptions, all of which are affecting business operations, particularly for SMEs…
Financial Services Compensation Scheme
In the UK, bank deposit protections are provided through the Financial Services Compensation Scheme (FSCS)…
Restricted access to the Winter Fuel Allowance is confirmed
Parliament has agreed that the Winter Fuel Allowance payable 2024 will be limited to pensioners in receipt of Pensions Credits and certain other means-tested benefits…
New regulations for Online Digital Platform Operators
To comply with the new digital platform regulations effective from 1 January 2024, platform operators must register with HMRC. Here are the key details regarding registration and reporting…
The importance of Pension Credits this winter
Pension Credit is a benefit you can claim in the UK aimed at providing extra income to pensioners who are on a low income…
Private pension contributions
Tax relief on private pension scheme contributions is a significant incentive in the UK, encouraging individuals to save for retirement…
DWP reforms
Liz Kendall recently set out how Britain’s system of employment support must be fundamentally reformed to tackle the “most urgent challenge” of spiralling economic inactivity…
Opportunity knocks for holiday lets owners
From April 2025, the present tax breaks enjoyed by owners of Furnished Holiday Lets (FHLs) will cease and FHL income and gains will be taxed in the same way as other property businesses…
Are your bank keeping you informed?
According to the competition and Markets Authority, certain UK banks are not meeting their obligations to keep customers informed about their products and services…
Tackling economic growth
There are a number of issues that the new government will have to tackle if it wants to increase government revenues by achieving higher economic growth…
