Employers 'named and shamed' for paying less than minimum wage

Sep 06, 2021

The government has 'named and shamed' 191 companies that have broken National Minimum Wage (NMW) laws.

Following investigations by HMRC, the named firms have been fined for owing £2.1 million…

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Advisory fuel rates for company cars

Sep 06, 2021

New company car advisory fuel rates have been published and took effect from 1 September 2021.

The guidance states: 'you can use the previous rates for up to one month from the date the…

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BCC calls for government to extend skills training

Sep 06, 2021

The BCC has urged the government to extend skills training in light of the publication of research which showed that one in five companies are considering making redundancies as a result of the coronavirus…

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HMRC urges taxpayers to stay alert to digital scams

Sep 06, 2021

HMRC has urged taxpayers to stay alert to the threat of digital scams and scammers claiming to represent HMRC.

Research published by HMRC revealed that the number of tax-related scams has doubled…

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Contactless limit to increase to £100

Sep 06, 2021

The national roll-out of the new £100 spending limit for contactless card payments will begin from 15 October 2021, banking trade body UK Finance has confirmed.

The decision to raise the contactless…

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CIOT warns over stamp duty refund claims

Sep 06, 2021

The CIOT has warned that some claims being made by firms offering help with Stamp Duty Land Tax (SDLT) refunds are too good to be true.

The CIOT says an increasing number of firms are contacting…

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Digital marketplaces to report sellers' incomes from 2023

Sep 06, 2021

HMRC has published a consultation that outlines plans to implement reporting rules for digital platforms first put forward by the Organisation for Economic Co-operation and Development (OECD).

In…

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HMRC outlines changes to late payment penalty regime

Sep 06, 2021

HMRC has published a policy paper outlining the forthcoming changes to the penalties for late payment and interest harmonisation for taxpayers.

The government intends to reform sanctions for…

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