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20 Feb 2018
The average small business in the UK spends £5,000 and 15 working days a year on tax compliance, a report claims. A study of 1,017 SMEs by the Federation of Small Businesses (FSB) found that businesses spent a total of... Read more
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SMEs spend 15 days a year on tax compliance20 Feb 2018
Interest rates on cash ISAs are finally starting to increase after years of low rates, according to a report by data provider Moneyfacts. The report showed that average rates for instant access ISAs went up from 0.68% in December 2017... Read more
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Cash ISA rates begin to rise09 Feb 2018
Nearly half (49%) of Britons believe investing in property is the best way of saving for their retirement, according to figures released by the ONS. Research conducted from July 2016 to June 2017 revealed that 40% of respondents considered workplace... Read more
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Property proves most popular saving option09 Feb 2018
A series of major reforms are set to change employment laws and practices for businesses that employ flexible workers on zero-hour contracts, creating possible extra costs for employers. The government announced its Good Work Plan on 7 February 2018, in... Read more
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Employers face stricter rules over workers’ rights09 Feb 2018
The number of landlords who have fallen significantly behind on their mortgage repayments rose 20% in the last year, according to data published by UK Finance. In Q4 2017, there were 5,100 buy-to-let mortgages in arrears of 2.5% or more... Read more
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More landlords in buy to let arrears09 Feb 2018
Most leaders of small and medium-sized businesses plan to work past the age of 65, according to research. A survey by Aldermore of 1,008 senior SME decision-makers revealed that 73% of business owners are planning to work past their state... Read more
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3 in 4 SME owners plan to work past retirement age06 Feb 2018
The formation of new companies incorporated in the UK dropped in 2017, according to data published by Companies House. Some 622,713 new companies were launched last year, down from 646,703 in 2016, representing a drop of around 4%. Commenting on... Read more
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Startup numbers fall after IR35 clampdown05 Feb 2018
Many self-employed workers and small businesses lack adequate savings, according to research. In a survey of 1,174 adults conducted by Aldermore, 22% of self-employed workers said they have no business savings at all, while 40% have less than £1,000 in... Read more
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Self-employed workers ‘failing to prepare financially’05 Feb 2018
HMRC has had to return nearly half-a-billion pounds to taxpayers since April 2015, according to analysis of government statistics. Royal London claims the Revenue is overcharging on two areas of the tax system, and has had to refund £493 million... Read more
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Tax-payers reclaim £493m from HMRC