Business news

Oblivious workers over 65 ‘being taxed on their state pension’

Over-65s can receive an extra 5.8% in pension income by deferring.

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MPs call for ‘structural break-up’ of Big Four

Committee proposes reforms to the audit industry.

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Making Tax Digital for VAT takes effect

Only around 100,000 businesses had signed up by 1 April.

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Retirees seek advice on pension options

Retirees seek advice on pension options

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Pension income stalls over eight years

Average income stands at £304 per week.

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HMRC announces delay to probate fee increase

New fees to kick in 21 days after Brexit is resolved.

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CIOT queries offshore tax avoidance approach

Disguised remuneration loan charges could affect up to 50,000.

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Residential landlords report higher tax bills

Buy-to-let tax bills increase by £3,039 on average.

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Businesses lose almost £93m to invoice scams

4 in 10 firms unaware of invoice fraud.

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More landlords are changing business structure

64% landlords with larger portfolios will buy as limited companies.

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