by Darren Fagan | Nov 3, 2017 | Business
For the first time since July 2007, the Bank of England (BoE) has raised interest rates from 0.25% to 0.5% to help curb high inflation On 1 November, the Monetary Policy Committee (MPC) voted by a majority of 7-2 to increase interest rates to 0.5%. The move reverses... by Darren Fagan | Oct 31, 2017 | Business
The UK first Autumn Budget in years will be delivered by Chancellor Phillip Hammond on Wednesday 22 November. It will be his second Budget in 2017 and will include projected tax changes and spending plans as a result of the earlier report by the Office for Budget... by Darren Fagan | Oct 27, 2017 | Business
The New General Data Protection Regulation A new EU data protection framework, the General Data Protection Regulation (GDPR), was adopted on 8 April 2016. From 25 May 2018, GDPR will affect the whole of the EU covering half a billion citizens. Its goal is to unify... by Darren Fagan | Oct 20, 2017 | Business, Tax News
Cyber criminals have been targeting UK taxpayers with fake VAT return messages claiming to come from HMRC which, when opened, could infect PCs with a Trojan virus and allow them to take over the victim’s computer, according to information security specialists... by Darren Fagan | Oct 13, 2017 | Business
Business owners will not be able to use personal credit cards to settle outstanding PAYE late payment penalties, PAYE settlement agreements or Construction Industry Scheme (CIS) late filing penalties from January 2018 HMRC has confirmed that employers will not be able... by Darren Fagan | Sep 8, 2017 | Business, Tax News
The Finance Bill due to be debated in early September will finally include the new rules for the set off of company losses that were originally announced in March 2016. As a result of the first Finance Act being rushed through due to the snap General Election the... 