Business News

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19 Jun 2019

Significant rise in number of data breach notifications since introduction of GDPR

Research carried out by law firm Pinsent Masons has suggested that, since the introduction of the General Data Protection Regulation (GDPR) on 25 May 2018, there has been a 'significant rise' in the number of data breach notifications reported to regulatory body the Information Commissioner's Office (ICO).

18 Jun 2019

HMRC repays tax penalties worth £1.8 million to nearly 5,000 parents

HMRC has now repaid £1.8 million in tax penalties to nearly 5,000 parents who were fined for failing to register for the High Income Child Benefit Charge.

17 Jun 2019

Rise in rental costs 'deterring young people from moving around country for jobs'

Research carried out by think tank the Resolution Foundation has suggested that young people are 'less likely to move around the country for a better job' as a result of a considerable rise in rental costs.

14 Jun 2019

ICAEW responds to government 'off-payroll working rules' consultation

The Institute of Chartered Accountants in England and Wales (ICAEW) has responded to the government's consultation in regard to the 'off-payroll working rules from April 2020'.

13 Jun 2019

Government tax investigations 'taking three years to complete', data suggests

Data published by law firm Pinsent Masons has suggested that government tax investigations into large businesses are taking 'three and a half years' to complete.

12 Jun 2019

Business groups outline principles for UK trade policy

Business groups, including the Confederation of British Industry (CBI), the Federation of Small Businesses (FSB) and the Trades Union Congress (TUC) have set out 'core principles' for UK trade policy post-Brexit.

11 Jun 2019

Government Equalities Office 'considering gender pay gap reporting for small firms'

The Government Equalities Office has recommended extending the gender pay gap reporting initiative to include small and medium-sized enterprises (SMEs).

10 Jun 2019

Significant number of individuals 'choosing to live cashless life', research suggests

Research carried out by trade association UK Finance has suggested that many individuals in the UK are choosing to live a 'largely cashless life'.

07 Jun 2019

DIT launches online tool for international investors

The Department for International Trade (DIT) has launched an online tool to help potential international investors set up and expand their operations in the UK.

06 Jun 2019

HMRC launches consultation on the operation of Insurance Premium Tax

HMRC has launched a new consultation on how the administration and collection of Insurance Premium Tax (IPT) can be 'modernised'.

05 Jun 2019

OECD outlines timetable for reaching agreement on digital taxation of multinationals

The Organisation for Economic Co-operation and Development (OECD) has outlined a new timetable for reaching an agreement on the digital taxation of multinational businesses.

04 Jun 2019

HMRC introduces new system to tackle scam phone calls

HMRC has introduced a new system designed to prevent criminals from spoofing government helpline phone numbers.

03 Jun 2019

FSB urges government to 'push through late payments reform package'

The Federation of Small Businesses (FSB) has called for the government to 'push through the late payments reform package' announced in the 2019 Spring Statement.

31 May 2019

UK 'can afford higher minimum wage', states Resolution Foundation

Commenting on the UK's 'low pay problem', think tank the Resolution Foundation has stated that Britain 'can afford an even higher minimum wage'.

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