Handling late payments

Almost half of small and medium-sized businesses have struggled with late payments in the last year, according to research by the Institute of Directors (IoD). Of the 787 business leaders surveyed, 48% have faced issues with late payments since April 2017. Almost a...

9.5m saving into workplace pensions

The number of UK employees contributing to a workplace pension increased by around a quarter in the 5 years to 2017, according to new data from the Office for National Statistics (ONS). In 2017, 73% of employees were enrolled in a workplace pension scheme - up from...

Over-55s face downsizing challenges

The number of ‘last-time buyers’ who want to downsize their home has increased from 32% to 39% in the past 3 years, research by Legal & General  shows. The study defines a last-time buyer as a homeowner aged 55 or over, whose household is under-occupied, with...

P11D filing deadline edges closer

Employers have 2 months to report employee benefits and expenses ahead of the 6 July 2018 deadline. At the end of the tax year, employers are required to report any taxable benefits given to staff over the previous 12 months that have not been deducted through...

Tenant fees ban set to cost landlords £82.9m

A new ban on tenant fees could push costs of more than £80 million onto landlords, government figures have shown. The tenant fees bill, which was published on 2 May 2018, includes a ban on all fees charged to tenants apart from rent, deposits, and other necessary...