VAT Will Still Be With Us Whether It`s A Brexit Deal Or No Deal Thursday, August 30th 2018 4:44pm There has been a lot of talk over the last few weeks about the possibility of the UK being unable to broker a deal with the European Union for when they finally leave next year, although …
Accountancy Salaries On The Rise
Hello and welcome to the blog of WHR Accountants. Today we have news that accountancy has proven one of the top 5 industries for salary growth over the last 12 months which seems to show that the sector is in a pretty healthy state. The four industries that had a higher salary growth were the …
UK Businesses Owe Over £1.8 Billion In Corporation Tax
It has been reported that UK businesses owe around £1.8 billion in corporation tax which is up 15% from the previous year, as many businesses find it harder and harder to keep up with their tax bills. The total corporation tax owed is now up to £1.82 billion, up from £1.59 billion last year. It could …
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Accountancy Group Nervous About Making Tax Digital Plans
The accountancy group, UK200Group, have spoken out over Her Majesty’s Revenue & Customs ‘Making Tax Digital’ plans, as they are concerned that some businesses will find it difficult to cope with the amount of information it will have to process under the new scheme. The Group are worried that it will put undue stress and pressure …
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Accountants Want To See Workers On Company Boards
The Institute of Chartered Accountants has urged the Government to keep the pledge they gave to place company employees in the boardrooms after there were signs that the promise given by Theresa May to do this was in serious jeopardy of being watered down. A recent Green Paper on this issue only stated that they …
£6.9 Billion Paid In Capital Gains Tax Last Year
Reports show that the amount of capital gains tax people in the UK paid last year was around £6.9 billion, which is up a whopping 24.6% from the previous year. This jump is believed to be down to increasing asset values and buy-to-let investors. The basic capital gains tax rate was 18% until 2010 when …