Over 400,000 customers have now used the Student Loan Company's (SLC) digital refund service. The SLC introduced a new service into the online account for repayment customers in May 2024 and has released data on the first six months of operation. The SLC says its simple, digital service is an... read more →
Nov
22
Nov
22
The government has published draft legislation to permanently cut business rates for retail, hospitality and leisure properties from 2026. The tax cut will be funded by a tax rise for the very largest business properties, such as online sales warehouses, the government added. Until then, 250,000 retail, hospitality and leisure... read more →
Nov
15
Import and export businesses are frustrated by the government’s decision to pause work on the digital trade platform, according to the Institute of Directors (IoD). When fully operational, the Single Trade Window will provide a gateway between businesses and UK border processes and systems, allowing users to meet their import,... read more →
Nov
15
The tax authority has clarified the guidance on who can participate in the Let Property Campaign, which is targeted at landlords who owe tax through letting out residential property in the UK or abroad. Landlords can report previously undisclosed taxes on rental income to HMRC under the Let Property Campaign... read more →
Nov
08
Criminals stole more than £570 million through authorised and unauthorised fraud in the first half of this year, according to data published by UK Finance. 72% of authorised push payment fraud began online and 16% started via telecommunications. Losses due to unauthorised transactions across payment cards, remote banking and cheques... read more →
Nov
08
HMRC has warned taxpayers that the countdown to the self assessment deadline is now underway, with less than 100 days to go. Self assessment taxpayers must file and pay their self assessment tax return before the 31 January 2025 deadline. The tax authority says more than 12 million people need... read more →