HS2 has revealed a final IR35 liability of £6.2 million in its 2023/24 accounts, following a compliance review by HMRC. This payment concludes the tax obligations under the Off-Payroll Working Legislation introduced in 2017. The review found that only 5% of HS2’s contractors were classified as outside IR35, raising concernsContinue Reading
In the fast-paced world of business, the pressure to perform and deliver can often lead to the brink of exhaustion, with far-reaching consequences. Let me share the story of John, which I hope can resonate with others: My name is John, and as a newly appointed Conveyancing Lawyer, I learnedContinue Reading
Ministers are preparing to cap the profits landowners can make from selling green belt land as part of the government’s strategy to deliver 1.5 million new homes by 2030. The proposed reforms would give councils the power to compulsorily purchase green belt land at a lower “benchmark” value, curbing theContinue Reading
Patrick Drahi, the debt-laden media tycoon, has sold a 24.5 per cent stake in BT Group to Bharti Global, the international investment arm of India’s Bharti Enterprises. The transaction marks a significant shift in ownership for the British telecoms giant as Bharti Global becomes its largest shareholder. Bharti Global hasContinue Reading
Over 17,000 shops across the UK could face closure in the next decade unless the Labour government takes urgent action to reform the business rates system, according to warnings from Simon Roberts, CEO of Sainsbury’s, and Paddy Lillis, General Secretary of the Union of Shop, Distributive and Allied Workers (Usdaw).Continue Reading
Catherine Mann, a rate setter at the Bank of England, has said the UK should not be “seduced” into thinking inflation will stay low over the coming year. Ms Mann, an external member of the Bank’s Monetary Policy Committee (MPC), said she is concerned that inflation could rise again soon,Continue Reading
HM Revenue & Customs (HMRC) has conceded that it is unlikely to recover more than £19 billion in unpaid taxes, as the department grapples with a significant rise in uncollected tax debt and a dramatic increase in customer service failures. According to HMRC’s latest annual report, the total amount ofContinue Reading
Gather, the investment app backed by Arsenal footballer Jorginho, has collapsed into administration after failing to repay a government pandemic loan, leading to significant expected losses for taxpayers. The app, designed to democratise access to funds from major asset managers like BlackRock, was launched by Gather International in 2019. DespiteContinue Reading
Who could imagine that a product launched in a local environment a few years ago could compete for an award at the SBC Awards 2024 with other world-renowned iGaming brands? Believe it or not, the Nostrabet Tipsters League, presented by its owner Websa Ltd, is among the shortlisted nominees forContinue Reading
Hedge funds have a strong historical record of outperformance when it comes to navigating the volatility of high interest and high inflation rate environments, but as a long-awaited Federal Reserve monetary policy switch looms, are institutions sufficiently prepared to navigate interest rate cuts? Recent weeks have seen hedge funds makeContinue Reading
