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MPs call for review into costs of quarterly tax reporting for small businesses image

MPs call for review into costs of quarterly tax reporting for small businesses

29th March 2017

The Treasury Select Committee has requested an independent review into the estimated costs of mandatory quarterly tax reporting for small firms. The government’s...

New 12-sided pound coin enters circulation image

New 12-sided pound coin enters circulation

28th March 2017

The new 12-sided £1 coin enters circulation today. To help combat the production of counterfeit money, the new pound coin features a ‘hidden high security...

State pension age ‘could rise to 70’, report suggests image

State pension age ‘could rise to 70’, report suggests

27th March 2017

An analysis carried out by the Government Actuary’s Department (GAD) has revealed that workers aged 30 and under may not receive a state pension until the...

FSB research reveals single market access is ‘top priority’ for small businesses

24th March 2017

Research carried out by the Federation of Small Businesses (FSB) has revealed that small businesses’ top priority post-Brexit is to be able to access the EU...

New imaging system to allow bank cheques to clear in a day

23rd March 2017

New technology to be introduced later this year will allow cheques paid into bank accounts to be cleared within one working day. The Cheque and Credit Clearing Company...

Inflation rises above Bank of England’s target rate

22nd March 2017

Inflation as measured by the Consumer Price Index (CPI) rose to 2.3% in February – up from 1.8% in January, according to the latest figures from the Office...

Prime Minister to trigger Article 50 on 29 March

21st March 2017

Prime Minister Theresa May is set to trigger Article 50 – the legal process that will mark the beginning of two years of EU exit talks – on Wednesday...

Government to create new anti-money laundering watchdog

20th March 2017

The Government has announced that it intends to set up a new regulatory body to combat money laundering and criminal financing in the UK. Operating within existing...

ONS unveils list of goods added to official inflation basket

17th March 2017

The Office for National Statistics (ONS) has published a list of goods that have been added to its inflation basket for the first time. Non-dairy milk, gin, jigsaw...

Chancellor scraps Budget plan to increase NICs for self-employed image

Chancellor scraps Budget plan to increase NICs for self-employed

16th March 2017

Chancellor Philip Hammond has announced that the government will not now proceed with the increase in Class 4 national insurance contributions (NICs) proposed in...

Scottish business groups react to proposal for new independence referendum

15th March 2017

Scottish business groups have given a mixed response to the call by the First Minister Nicola Sturgeon for a new referendum on independence from the United Kingdom....

Parliament passes Brexit Bill, permitting Prime Minister to trigger Article 50

14th March 2017

Parliament has passed the Brexit Bill, allowing Prime Minister Theresa May to trigger Article 50 – the legal process that will mark the beginning of two years...

New NS&I savings deal ‘likely to be bettered’, experts warn image

New NS&I savings deal ‘likely to be bettered’, experts warn

13th March 2017

Experts have warned that a new ‘market-leading’ savings deal announced by Chancellor Philip Hammond at the 2017 Spring Budget is likely to be ‘bettered’...

UK workers ‘face 15 years without a pay rise’, IFS suggests image

UK workers ‘face 15 years without a pay rise’, IFS suggests

10th March 2017

In its analysis of Chancellor Philip Hammond’s Spring Budget, the Institute for Fiscal Studies (IFS) has suggested that workers in the UK ‘face 15 years...

2017 Budget – Chancellor defends NIC increase for the self-employed image

2017 Budget – Chancellor defends NIC increase for the self-employed

9th March 2017

Chancellor Philip Hammond has defended the increase in national insurance contributions (NICs) for the self-employed, as announced in yesterday’s Spring Budget,...

McBrides Accountants 2017 Spring Budget Commentary image

McBrides Accountants 2017 Spring Budget Commentary

8th March 2017

Click on the link to download a copy of McBrides 2017 Spring Budget Report Initial reaction Following the Chancellor's Budget Speech today, Wednesday, 8 March,...

2017 Spring Budget – what to expect image

2017 Spring Budget – what to expect

8th March 2017

Chancellor Philip Hammond will deliver his first Budget speech today at 12:30pm. We will be keeping you up-to-date on the key Budget announcements, and will be supplying...

Survey suggests UK economy is ‘losing momentum’ following strong growth

7th March 2017

The UK economy has started to slow following ‘impressive growth’ at the end of 2016, according to the latest Markit/CIPS Purchasing Managers’ Index...

Chancellor expected to announce greater protection for consumers

6th March 2017

Chancellor Philip Hammond is expected to announce greater protection for consumers when he presents his first Budget later this week. According to recent reports,...

Business rates pressure for Chancellor as Budget approaches image

Business rates pressure for Chancellor as Budget approaches

3rd March 2017

In the week before his first Budget, the Federation of Small Businesses (FSB) continues to lobby Chancellor Philip Hammond on the controversial issue of business...

Government launches new strategy to ‘create world-leading digital economy'

2nd March 2017

The government has launched a new digital strategy intended to make Britain ‘the best place in the world to start and grow a digital business’ and to...

Business leaders call for Brexit to be delayed if EU trade deal cannot be struck

1st March 2017

UK business leaders have urged the government to delay the Brexit process if an advantageous trade deal with the EU cannot be struck. In a report published by the...