Auto-enrolment: employer contributions to rise to 3%

Since auto-enrolment came into force in October 2012, the way workers save towards their pension has drastically changed. Before this point, workplace pensions were seen as a privilege enjoyed by very few, mostly older workers. They're now the norm for most employees....

5 personal tax changes for 2019/20

The vernal equinox has been and gone, the clocks go forward in the early hours of Mother's Day, and a new financial year is just a week away. Here's a summary of five main changes to tax rates and allowances that may affect your personal finances over the next 12...

CIOT queries offshore tax avoidance approach

A leading taxation body has expressed concern about the Government's approach towards disguised remuneration loan charges. Up to 50,000 individuals and their employers in the UK are thought to have either benefitted from, or used, disguised remuneration schemes in the...

Residential landlords report higher tax bills

Buy-to-let landlords saw increases to their tax bills in the 2017/18 tax year, suggesting many felt the bite in the first year after changes to mortgage interest relief were introduced. In a survey by Paragon, 58% of landlords said their tax bill for 2017/18 was...

Businesses lose almost £93m to invoice scams

Businesses lost a total of £92.7 million in 2018 to scammers posing as their suppliers, according to a report from UK Finance. Invoice scams are a type of fraud in which criminals trick businesses into transferring money by posing as legitimate payees, such as a...