Business news

Wales to cut tax on average house sale

House sales worth up to £150,000 in Wales will be tax-free from April 2018.

Late payments continue to hit SMEs

3 in 4 businesses call for legislation to counteract late payments.

Self-assessment registration reminder

Deadline to register for self-assessment is 5 October 2017.

320,000 people benefit from Help to Buy

Average house prices across Help to Buy schemes was £196,092.

1 in 3 over-50s financially support ‘dependents’

Older workers retiring later to support dependent relatives.

Firms hit by apprenticeship levy costs

Levy provides added cost for 56% of levy-paying businesses.

Employers feel pension scheme pressure

50/50 chance of weakest defined benefit schemes paying out full pension.

Inheritance tax receipts up by 18.7%

Introduction of residence nil-rate band coincides with soaring receipts.

Gender pay gap widens for managers

The average male manager earns £11,606 a year more than their female counterparts.

Simple Assessment introduced for state pensioners

2 types of people no longer need to complete a self-assessment tax return.

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