Political change may be in the air, and entrepreneurs are nervous

In case anyone missed it, there will be a general election in or before May 2015, and the risk of political change has implications for many in the business world. It seems that entrepreneurs are some of those most nervous about the future.

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IFS: Government must find more sources of tax

The think tank the Institute of Fiscal studies has warned the government that its reliance on the UK’s top earners for the majority of the UK’s tax burden is unsustainable and ‘punishes success’.

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National Insurance and income tax to be merged?

The Office of Tax Simplification (OTS) has revealed long-term plans to merge NICs and income tax into one unified tax. The measures were included in a recently published review of employee benefits.

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Individual insolvencies at lowest for eight years

Government figures show that personal insolvencies in England and Wales fell to their lowest level in 8 years in 2013.

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HMRC publishes new guidance for businesses on forthcoming Employment Allowance

HMRC’s new Employment Allowance will be available from April 6, and new guidance for businesses has just been published.

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