IR35 is ‘Frankenstein’s monster’ and ‘must be slayed’, writes senior Tory MP in latest attack on off-payroll rules A senior MP is the latest Conservative politician to call for widescale changes to the IR35 legislation, which was described as a ‘Frankenstein’s monster’, impacting dynamism, entrepreneurship, jobs and growth. In an article headlined ‘IR35 hits Conservative […]
New figures from the Office for National Statistics (ONS) show UK household domestic spending spiralled £171.51bn in 2022, compared to 2021. Domestic spending rose from around £1.31 trillion in 2021 to approximately £1.49 trillion. Inflation was, of course, responsible for a sizable part of this increase, due to spiralling energy bills and a barmy Budget. […]
A recent study has indicated that the behaviours, attitudes, and shopping preferences between Gen Z and Millennials are not as different as what is often portrayed in the media. In fact, both groups display very similar consumption patterns and preferences. Both generations showed a marked preference for short, easily digestible video content such as Instagram […]
Shopping centres are so much more than a place to purchase a new outfit or a loved one’s birthday gift. In recent years, they’ve become an exciting social hub that serves in strengthening communities and shaping urban areas. Online shopping continues to grow even post-pandemic, meaning it’s never been more important that these complexes continue […]
HMRC figures out today show the tax authority believes small businesses are now responsible for 56% of the UK’s ‘tax gap’ – a total of £20.2bn in a single year*, says multinational law firm Pinsent Masons. This figure has now risen for four consecutive years. Small businesses were only believed to be responsible for 40% […]
New data out today from HMRC today showed the estimate of the tax gap across all taxes and duties administered by the tax authority to be £35.8bn or 4.8% of theoretical tax liabilities. . The tax gap is the difference between the amount of tax that should, in theory, be paid to HMRC, and what […]
The United Kingdom’s landscape, characterised by its rich cultural heritage, economic dynamism, and intricate political scenarios, is once again at the forefront of international discussions. This time, the focal point is the repercussions of the Brexit tax imposed on food imports from the European Union (EU). The consequences of this new financial burden are anticipated […]
At some point or another, all of us have surely experienced that overwhelming feeling of dread on a Sunday evening, as the working week ahead looms large like a dark cloud on the horizon. You’ve had a great weekend hanging out with family and friends, but you’re not ready for it to be over, and […]
Offsetting carbon output in the finance sector and why factoring environmentalism into a business plan is more important than ever. But we need to be clear that while carbon offsetting is not the nirvana we all think it is, it is the best the fintech industry has today. This is according to Jeremy Baber, Chief […]
Prime Minister Rishi Sunak must discuss a full US-UK free trade deal when he meets President Biden, says the international delivery expert ParcelHero. One of the key Brexit benefits was supposed to be an agreement with the US but, currently, only trade pacts with Oklahoma, Indiana and North and South Carolina have been signed. Why […]