Business news

MTD income tax pilot extends to landlords

Scheme now accepts property income excluding holiday lets.

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‘Raise the VAT threshold to stimulate SME growth’, IPSE says

Response as VAT consultation draws to a close.

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Under-30s see rise in pension savings

21% of young people still not saving for retirement.

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3 in 5 SMEs miss out on business savings interest

65% fail to shop around for savings providers.

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Advisory fuel rates update

New advisory fuel rates for usage of company cars are in place.

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Funeral costs come under scrutiny

Average funeral costs nearly £3,800.

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Skills shortages hamper exporters

2 in 3 manufacturers face difficulty recruiting.

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OTS backs pension tax reform

Official body reviews ‘baffling’ pensions tax system.

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Parents lending less to help kids buy a home

Average gift from Bank of Mum and Dad falls to £18,000.

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GDPR legislation takes effect

Data protection entered new era on 25 May 2018.

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