Business Tax

Businesses pay £32 billion in corporation tax

Businesses paid a record £32 billion in corporation tax last year, according to Funding Options.

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Plans to reduce tax savings from salary sacrifice schemes

HMRC has announced plans to reduce tax and national insurance contributions savings from salary sacrifice schemes.

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Digital tax account consultation launched

The smallest businesses will be exempt from quarterly reporting to HMRC, government proposals about the transition to digital tax accounts have revealed.

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Apprenticeship levy details revealed

The government has announced further details about the apprenticeship levy and how the majority of employers will have 90% of their apprenticeship costs covered.

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Finance executives favour promotions without pay rises

Should promoted employees get an automatic pay rise or be assessed in their new role first? 42% of finance executives think the latter.

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Corporation tax forms move online

HMRC will stop providing some paper forms for corporation tax as part of its move towards digital tax accounts.

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Self-assessment reminder - second payment on account deadline

Don't forget, the deadline to complete your previous year’s self-assessment (2015/16) tax bill is 31 July 2016.

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Low awareness of funding options among businesses

Applying for finances? Knowledge of the different funding options available for businesses is low.

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Small firms making the move to online banking

Making the move to online banking? There has been a 35% increase in digitally active business banking customers the past 2 years.

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National living wage not leading to job cuts

How has your business responded to the national living wage? Employers have responded by raising prices rather than cutting jobs, according to research by the Resolution Foundation.

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