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 […]
Prime Minister Rishi Sunak has urged the UK to become a global leader in developing international regulations and guidelines around artificial intelligence, ahead of a meeting with US President Joe Biden next week. Following the UK’s white paper issued earlier this year which highlighted the benefits of AI, the prime minister is rapidly changing his […]
The CEO and co-founder of UK fraud detection platform, Pasabi, has addressed delegates at the Marketplace Risk Management Conference alongside key speakers from Uber, Google and eBay. The event, which took place in San Francisco this week, saw tech entrepreneur Chris Downie of Pasabi address attendees about the rising threat posed by fake reviews, which have […]
Government proposals to streamline the research and development (R&D) tax relief system have been called into question by top 10 accountancy firm Azets. The plans would mean merging the two current schemes and potentially revamping permissible qualifying activity and claimant criteria. A consultation on the proposals by HM Treasury and HM Revenue & Customs concluded […]