HM Revenue & Customs reckons more than 30% of all tax owing by small UK limited companies is not paid. Why are our politicians doing nothing about this - and why are they letting down honest small businesses so badly by not doing so? ABOUT RICHARD MURPHY Richard Murphy is Professor of Accounting Practice at Sheffield University Management School.
The UK tax system is riddled with tax anomalies - or tax spillovers as I prefer to call them. Any politician who is serious about making the tax system work better should be aiming to get rid of them - but none are saying that's their plan.
The candidate for the LibDems in the Caithness, Sutherland and Easter Ross constituency was meeting people at the Wick Harbour Day. A long experienced campaigner in elections for council seats, Scottish Parliament and for Westminster he has stuck to his guns in visiting places in the area as often as he can.
The BBC Poll Tracker draws together many many election polls. Labour is still gaining the lead and is way out in front.
The seasonally adjusted total Direct Debit failure rate increased by 2% in May 2024 when compared with April 2024, and increased by 12% when compared with May 2023 (Vocalink and Pay.UK). Section 3: Consumer behaviour.
Some good advice from Savings Champion - get moving and follow it. Can you believe that we are almost halfway through 2024? So rather than a Rates Rundown, I thought we'd do a Rates Roundup for the year so far! Although the rate rises that we have seen this year have slowed down compared to the previous couple of years.
The Resolution foundation had published the latest comparison of the manifestos for the election. Mike Brewer, Interim Chief Executive takes you through them highlighting the issues.
On 13 June 2024 the UK announced 50 new sanctions designations and specifications to degrade Putin's war machine, in co-ordinated action with G7 partners to support Ukraine. UK announces 50 new sanctions designations and specifications to degrade Putin's war machine, in co-ordinated action with G7 partners to support Ukraine.
The 2024 election is shaping up to be the most opinion-poll-heavy ever in the UK. And when so many polls are flying around, it can start to feel like they are setting the agenda as much as measuring the mood.
Labour's manifesto for change is a plan to kickstart economic growth by reforming Britain's economy and bring about a decade of renewal. This manifesto is an ambitious programme driven by belief in our country and its potential for the future.
As prime minister, Rishi Sunak has been unable to "stop the boats", his pledge on addressing irregular migration. Now, Keir Starmer is pitching an equally memorable slogan: "smash the gangs".
Paul Johnson, IFS Director, said, "This was not a manifesto for those looking for big numbers. The public service spending increases promised in the "costings" table are tiny, going on trivial.
The Labour Party is proposing the biggest shake-up of the workplace in a generation, with the laudable aim of boosting the quality of work, which will demand careful consultation and implementation given the scale of change proposed. This boldness contrasts with a politically cautious approach to the public finances, which means a future Labour Chancellor could be left implementing significant tax rises and public service cuts over the next parliament, the Resolution Foundation said in its manifesto response.
We're at around the midway point of the 2024 election campaign and the two main party leaders have undergone a grilling by Sky News. This was not a head-to-head debate but two separate interviews with Sky's political editor Beth Rigby, followed by questions from the public.
Sub-postmasters in Scotland who were wrongly convicted as a result of the Post Office Horizon scandal will be automatically exonerated from today (14 June 2024). The Post Office (Horizon System) Offences (Scotland) Act received Royal Assent today (13 June 2024) and comes into force tomorrow.
Spending on social security as a share of GDP has risen slightly since the financial crisis. The system in Great Britain has undergone profound change over the same time.
Moderna, today announced that the U.S. Food and Drug Administration (FDA) has approved mRESVIA (mRNA-1345).
All eligible young people are being encouraged to apply for a weekly, term time allowance of £30 per week from August 2024. The Highland Council administers Education Maintenance Allowance (EMA) in respect of eligible young people from across its 29 secondary schools.
The Scottish Parliament has approved the early release of some short-term prisoners to address the impacts of a recent rapid rise in the prison population. Under current modelling, based on the criteria set out in the regulations approved by Parliament, around 514 eligible prisoners will be released in four tranches from the 26 June.
Staff in children's social care services will see their pay increase to at least £12 an hour thanks to new Scottish Government funding. Backed by over £19 million this year, it will ensure more than 6,000 people working in a direct care role in the voluntary, private and independent sector services receive the pay increase, which could be worth more than £2,000 a year for some staff.
