Rental Costs on the Rise, Less Young People Moving for Jobs

The Resolution Foundation has carried out research which suggests that young people are 'less likely to move around the country for a better job' as rental costs have risen considerable The research showed that the number of people aged between 25 and 34 that move...

read more

Is a ‘Cashless Life’ the Life for You?

Trade association UK Finance has produced research which suggests that a large amount of individuals in the UK are choosing to live a 'largely cashless life'. Digital technology is 'transforming the world of payment' which allows consumers to 'take advantage' of a...

read more

Data Protection Fines ‘rise by 14% in a year’

Law firm RPC have published research which suggests that the average data protection fine collected by the Information Commissioner's Office (ICO) has risen by 14% since the introduction of the General Data Protection Regulation (GDPR) just last year. The GDPR was put...

read more

‘Increased protection from criminals’ With new Banking Code

From May 2019, a new 'banking code' was implemented to give consumers 'increased protection from criminals'. Consumer group Which? recently revealed that transfer scams cause £674 to be lost every minute. The new code requires banks and payment providers to follow a...

read more

Grants for Buyers of Green Cars Slashed

The European Automobile Manufacturers' Association (EAMA) have reported that sales of electric cars in the UK are being affected by the governments' decision to cut the grant for buyers of 'green' vehicles. The grant for buyers of electric cars was cut from £4,500 to...

read more

Confirmed Implementation of Pensions Dashboards

The government has recently confirmed that the initiative to introduce a pensions dashboard will go ahead. Those saving for retirement will be able to use the pensions dashboard to view information from multiple pensions in one place. It has been stated that the...

read more

MTD for VAT

HMRC's have begun the introduction of their landmark Making Tax Digital (MTD) regime. This means that tax payers will be required to move to a fully digital tax system. With the new system, businesses with a taxable turnover above the VAT threshold of £85,000 must...

read more

‘Stay Vigilant’ Warns HMRC as the Number of Tax Scams Rises

Recently, HMRC put out a statement warning young people in the UK to 'stay vigilant' in order to avoid being victims to tax refund scams. HMRC warns that both young and elderly individuals tend to be targeted by criminals as they are 'more likely to be less familiar...

read more

Government Release new Brexit Advisory Documents

Recently, the government have published additional documents with advice on Brexit for small businesses in the UK. This information is meant to help business owners to 'understand how leaving the EU may affect their business'. The documents provide advice on range of...

read more