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Friday 27 February 2015

Stamp duty reforms benefit homebuyers

More than two thirds of homebuyers in England and Wales will benefit from the stamp duty (SDLT) reforms announced in the Autumn Statement 2014, according to research by Nationwide. See more.

Raise minimum wage, says LPC

The national minimum wage (NMW) should be increased by 3% in October 2015, according to the Low Pay Commission (LPC). Read the full article here.

Staying in work could boost pension savings by a third

Workers could increase their pension savings by a third if they work 5 years beyond the state pension age, according to research by Friends Life and the Pensions Policy Institute. Click here for more.

Thursday 26 February 2015

Firms affected by late payment

More than three quarters of businesses suffer from late payments, according to research by Bacs. Read more.

Savers not discussing pension reform plans

Less than a third of 40-70 year-olds have spoken to someone about the upcoming pension reforms, according to research by Partnership. Click here for more.

Record number of women in work

The proportion of women in employment has reached a record 68.2%, official figures reveal. Read the whole article here.

Wednesday 25 February 2015

Inflation falls to new low in January

UK inflation fell to 0.3% in the year to January 2014, according to official figures. Read the whole article on our website.

Renting property more expensive than buying

First time buyers pay almost 10% less each month than those who rent, according to research by Halifax. Read on our website.

Business support scheme reform needed, says FSB

Small businesses are not getting enough local or national support, according to a report by the Federation of Small Businesses (FSB). See here for more.

Tuesday 24 February 2015

Tax summaries now available online

The 8 million people who electronically filed their 2013/14 self-assessment tax return on time are now able to view their tax summary online, HMRC has announced. Click here for more.

Employers urged to provide more work experience

One fifth of employers say that nothing could persuade them to provide work experience placements to young people, according to a report by the UK Commission for Employment and Skills (UKCES). See more here.

Automatic workplace pension transfers from autumn 2016

Workers will be able to take their pension pots with them when they change jobs from autumn 2016, the Department for Work and Pensions (DWP) has announced. Read more on our website.

Thursday 12 February 2015

Older workers willing to retrain

Almost two-thirds of workers over 50 say they want further training so they can continue working into retirement, according to research by MetLife. Click here for more.

Wednesday 11 February 2015

Majority of businesses lack mental health policy

Three-quarters of employers don't have a workplace mental health policy, research by the Institute of Directors (IoD) and YouGov has found. Read more here.

Pensioner bonds extended by 3 months

The government's Pensioner Bonds will remain on sale for another 3 months, the Chancellor George Osborne has announced. See the article on our website.

Tuesday 10 February 2015

New Website!

We are delighted to announce the arrival of our newly designed website which can be found at the same address:
The website will be updated regularly with useful information and news to ensure that you are kept completely up to date with your accountancy and tax matters.

Freelancers optimistic for 2015

The freelance sector will grow during 2015, according to new research by the Association of Independent Professionals and the Self Employed (IPSE). See our website for more.

Pension charge cap plans submitted to Parliament

Draft regulations that will place a cap on workplace pension charges have been submitted to Parliament. Read the whole article on our website.

Government outlines measures to tackle late payments

Business groups will be given new powers to tackle unfair payment practices under measures announced by the Department for Business, Innovation and Skills (BIS). See more here.

Wednesday 4 February 2015

Small businesses 'face £10bn tax compliance bill'

Small businesses are being placed at a competitive disadvantage as a result of the high cost of complying with UK tax legislation, a new report has suggested. Read more here.

Increasing number of taxpayers facing fine for late tax returns

As the 31 January deadline for submitting the 2014 self assessment tax return passed, HM Revenue & Customs (HMRC) revealed that the number of taxpayers failing to file their tax returns on time had increased on last year. See the article on our website.

Tuesday 3 February 2015

Younger workers hardest hit by financial crisis, study shows

Research by the Institute for Fiscal Studies (IFS) has been released, showing the impact of the financial crisis and economic recovery on UK employees. See our website for the whole article.

Retail sales show strong yearly growth

Despite slower sales compared to December, the year to January has seen a large improvement in sales volumes, according to the Confederation of British Industry (CBI). Click here for more.

MPs to tackle supply chain bullying

The Federation of Small Businesses (FSB) has assembled a cross-party group of MPs to help tackle the problem of poor payment practices facing a significant number of small firms in the UK. Read more on our website.