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millenials

Millennials living in ‘relative poverty’, according to think tank

A report published by think tank the Resolution Foundation has suggested that 22% of ‘millennials’ – those born between 1981 and 2000 – are living in ‘relative poverty’. ‘Relative poverty’ is defined as living on less than 60% of median income. The report stated that government policies on housing...

A report published by think tank the Resolution Foundation has suggested that 22% of ‘millennials’ – those born between 1981 and 2000 – are...

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apprenticeship programme

MPs urge government to make ‘radical improvements’ to apprenticeship programme

MPs have urged the government to make ‘radical improvements’ to its apprenticeship programme, after finding that small employers are ‘missing out’ on the benefits associated with apprenticeships. In a new report, the Public Accounts Committee (PAC) revealed that the number of apprenticeship starts fell by 26% following the introduction...

MPs have urged the government to make ‘radical improvements’ to its apprenticeship programme, after finding that small employers are ‘missing out’ on the benefits...

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IHT rules

Research suggests many individuals ‘unaware of IHT rules’ when gifting money

Research carried out by the Institute for Fiscal Studies (IFS) and the National Centre for Social Research (NCSR) has suggested that only 45% of individuals seeking to gift money are aware of inheritance tax (IHT) rules and exemptions. According to the IFS, the research aimed to ‘analyse individuals’ awareness...

Research carried out by the Institute for Fiscal Studies (IFS) and the National Centre for Social Research (NCSR) has suggested that only 45% of...

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PAYE systems

OTS calls for review of PAYE system

In a new report, the Office of Tax Simplification (OTS) has called for the Pay as You Earn (PAYE) system to be reviewed, to ensure tax agents can ‘see relevant client information’ and ‘access a number of key services’. The report suggested that tax agents ‘don’t always have full...

In a new report, the Office of Tax Simplification (OTS) has called for the Pay as You Earn (PAYE) system to be reviewed, to...

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stamp duty

ATT suggests couples ‘could be affected’ by increase in stamp duty for non-residents

The Association of Taxation Technicians (ATT) has suggested that couples in England and Northern Ireland could be affected by a proposed increase in stamp duty for non-UK residents purchasing residential property. A consultation published recently by HMRC states that non-UK residents purchasing residential property in England or Northern Ireland...

The Association of Taxation Technicians (ATT) has suggested that couples in England and Northern Ireland could be affected by a proposed increase in stamp...

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people management

CBI calls for UK firms to ‘improve people management practices’

A report published by the Confederation of British Industry (CBI) has suggested that UK businesses could potentially add up to £110 billion to the UK economy by ‘improving their people management practices’. The report stated that employers understand the importance of effectively leading and engaging with their employees. However,...

A report published by the Confederation of British Industry (CBI) has suggested that UK businesses could potentially add up to £110 billion to the...

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