HMRC clarifies ‘tax avoidance’ stance

Contractors who declared to HMRC what they received through disguised remuneration schemes over the last 20 years can settle their bills on the terms offered before the rules changed in 2017. Since April 1999, up to 40,000 members of these schemes were paid in loan...

Increasing state pension age fuels jobs market growth

Increases in the state pension age are believed to be partially responsible for the UK's employment rate reaching its highest rate since records began in 1971. According to the Office for National Statistics (ONS), the employment rate in the UK reached 76.1% between...

Latest HMRC glitch excludes tax demands

A glitch within HMRC's self-assessment system surrounding some taxpayers' payments on account will not be resolved until 31 July 2019 at the earliest. The Revenue has experienced a string of computer errors in recent months, with the latest problem resulting in some...

Apprenticeship levy funds transfer limit rises to 25%

The amount of apprenticeship levy funds that can be transferred to support apprenticeships at other employers has increased. From April 2019, the funds that levy-paying employers can transfer to support apprenticeships offered by smaller employers rose from 10%...

70% of small firm employees save into workplace pensions

Smaller employers have seen their workers' participation in workplace pensions increase to 70% since the introduction of auto-enrolment, research from the Institute for Fiscal Studies (IFS) shows. The report found that without auto-enrolment, 26% of staff in...
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