Advisory fuel rates update

As of 1 June 2019, advisory fuel rates have been updated for employees' usage of company cars. The following rates are now in place for petrol and LPG-fuelled cars provided by your employer, while the previous rates can be used until 1 July 2019. Engine size Petrol -...

Tenant fees ban takes effect

New rules for landlords and letting agents in England came into force on 1 June 2019, including a ban on letting fees and a cap on holding and tenancy deposits. The Tenant Fees Act has now made it illegal to charge tenants any fees aside from rent, deposits, and other...

71% of SMEs plan to increase sales

Small business ambition is on the rise, according to Government research, with more small and medium-sized employers planning to grow their sales in the future. In a survey by the Department for Business, Energy and Industrial Strategy, 71% of SME employers said they...

Welsh taxpayers charged Scottish tax rates

Workers in Wales have been accidentally charged Scottish rates of income tax, after a mix-up involving tax codes. Welsh rates of income tax were introduced on 6 April 2019, requiring employers in Wales to use a ‘C' tax code to apply the rates. However, HMRC reported...

Business rates need reform, CBI says

The business rates system has become "uneconomical" and "unsustainable", and should be reviewed, according to the Confederation of British Industry (CBI). Business rates are a tax on most properties used for business purposes, and are calculated based on an estimate...