Kaye Adams appears to have finally won a ten-year battle with HM Revenue & Customs after the tax authority said it had decided not to appeal after her latest court win. The ITV presenter has been arguing her case that she is self-employed in the face of clampdown over so-called IR35 rules. Last year she […]
The Business Secretary Kemi Badenoch has blamed a change in US president for the UK’s failure to hit post-Brexit trade targets. Badenoch told MPs that Joe Biden’s administration had no appetite for trade deals. She claimed it was why the government missed a manifesto pledge to strike deals with countries that account for 80% of […]
Royal Mail is considering options to reform its operations in order to address the challenges it faces in the modern era with a reduction in the number of letter deliveries from six per week to either five or three. This move is being considered as part of an effort to streamline operations and adapt to […]
Buying, selling or hosting fake reviews will become illegal as part of changes planned in new laws being introduced on Tuesday The UK government’s new Digital Markets, Competition and Consumer Bill aims to help consumers and increase competition between big tech firms. The bill also bans people receiving money or free goods for writing glowing […]
With only eight days remaining until the deadline, there are still around 4 million individuals who have not yet submitted their self-assessment tax return. In response, HM Revenue and Customs has issued a call to action, urging people to take immediate action. Failure to meet the deadline could result in penalties, including a high late […]
Supermarket chain Morrisons has scrapped four-day working weeks for its head office staff following feedback. The company introduced the scheme for people working at its Bradford headquarters in 2020, reducing their weekly working hours from 40 to 37.5. As part of it, employees were expected to work 13 Saturdays, one every four weeks, each year. […]
Figures released by HMRC today show that the Treasury raked in £5.7 billion in inheritance tax receipts in the nine months from April to December 2023. This is £400 million more than in the same period a year earlier, continuing the upward trend. One in every 25 estates pay inheritance tax, although the proportion of […]
The House of Lords has voted for a motion to delay ratifying the Government’s new treaty with Rwanda. While the motion is not binding on the Government, support for it provides an indication of the uphill battle the Government faces over the next two months to get Rishi Sunak’s deportation plan through the Lords. Some […]
More than 47,000 UK companies are on the brink of collapse after a 25% jump in the number of businesses facing “critical” financial distress in the final three months of 2023, according to a report. It marks the second consecutive quarter-on-quarter period when critical financial distress has risen by a 25%, the latest “Red Flag” […]
HMRC has not charged a single company under landmark legislation passed six years ago to crack down on corporate tax evasion. Critics say the data, released under freedom of information laws to the Bureau of Investigative Journalism and TaxWatch, suggests that HMRC is undermining its own deterrents against corporate tax evasion by failing to use […]