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cryptocurrency payments

SMEs expect cryptocurrency payments to reach high street ‘within two years’

Research carried out by card payments provider Paymentsense has suggested that owners of small and medium-sized enterprises (SMEs) expect cryptocurrency payments to be a reality on the UK high street ‘within two years’.  35% of UK SME owners expect cryptocurrency payments to be made on the high street from...

Research carried out by card payments provider Paymentsense has suggested that owners of small and medium-sized enterprises (SMEs) expect cryptocurrency payments to be a...

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tax compliance

Average UK small business ‘spends £5,000 on tax compliance every year’, study finds

A new report published by the Federation of Small Businesses (FSB) has found that the average UK small business spends £5,000 per year on tax compliance. The FSB also revealed that small businesses spend three working weeks each year on complying with their tax obligations. Pay as You Earn...

A new report published by the Federation of Small Businesses (FSB) has found that the average UK small business spends £5,000 per year on...

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self-employed

Significant number of UK workers planning to become self-employed, research finds

Research carried out by banking group Aldermore has suggested that a significant number of UK workers are planning to become self-employed in the future. Aldermore found that 29% of individuals aim to become self-employed – a notable rise when compared to 2017’s figure of 15%. 15% of workers plan...

Research carried out by banking group Aldermore has suggested that a significant number of UK workers are planning to become self-employed in the future....

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pay rise

Bank of England survey suggests UK workers in line for pay rise

The Bank of England (BoE) has indicated that a significant pay rise could soon be in store for UK workers. Its agents’ survey, which polled 368 UK businesses, suggested that real wages are on course to begin to rise above inflation, and grow by 3.1% during 2018 – a...

The Bank of England (BoE) has indicated that a significant pay rise could soon be in store for UK workers. Its agents’ survey, which...

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shared parental leave

Shared parental leave take-up ‘as low as 2%’, says government

The Department for Business, Energy and Industrial Strategy (BEIS) has suggested that take-up of shared parental leave ‘could be as low as 2%’. As a result, the government has launched a new campaign, which aims to raise awareness in regard to workers’ employment rights. According to the government, around...

The Department for Business, Energy and Industrial Strategy (BEIS) has suggested that take-up of shared parental leave ‘could be as low as 2%’. As...

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inheritance tax

Research suggests 70% of individuals ‘unaware of inheritance tax nil-rate band’

Research carried out by Canada Life has suggested that a significant amount of individuals ‘do not know the threshold’ for the standard inheritance tax (IHT) nil-rate band. Canada Life found that 70% of those surveyed did not know the standard nil-rate band threshold, which currently sits at £325,000. 55%...

Research carried out by Canada Life has suggested that a significant amount of individuals ‘do not know the threshold’ for the standard inheritance tax...

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