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© 2018 Trinity Mirror Midlands
10:59, 20 JAN 2015
KPMG to create new tax centre of excellence in Birmingham
The move to create the satellite tax centre of excellence comes as part of KPMG’s commitment to centralising its tax compliance services and complements the firm’s existing tax centre of excellence operation in Glasgow
Quaker trusts are caught up in tax evasion probe
Scores of trust funds are set to be under the spotlight in a US-inspired tax evasion swoop
Tax system sapping firms' hopes says CBI survey
Firms getting a raw deal from the UK tax system according to new research by Grant Thornton and CBI
West Midlands exports more than London for first time on record
Latest figures show the region shipped £7.06 billion worth of goods last quarter, compared to £6.81 billion from the capital.
Analysing the latest trade figures
As we are seeing in the latest trade figures making things of real value is the only effective way to rebalance the economy.
West Midlands exports nudge closer to £28 billion mark
New HMRC stats show region has highest growth percentage in England as local company wins three-year India deal with JCB
HMRC tax grab could be thin end of wedge
So the Government is considering a Treasury plan to collect unpaid tax by removing it directly from bank accounts.
Sick pay changes 'put Midland firms under pressure'
Employment expert Sally Morris says the new rules will leave firms facing hefty National Insurance contributions – adding to the cash burden for many hard-pressed smaller firms
George Osborne MP
Budget 2014: The cuts will continue
A cap on welfare bills including housing benefit and tax credits among plans to shore up Government finances
Birmingham Post Rich List 2014: Property most popular for profits
The rise and rise of the super-rich in the West Midlands continued last year with property being the most popular route to mega-millions.
David Paul: Taxman getting ready to pounce
The level of resource HMRC is investing demonstrates that this is an area where it believes significant underpayments of national insurance contributions (NICs) will arise.
A worthwhile sacrifice when it comes to your retirement
There is an increasing awareness about the need to start planning for retirement from an early age and the benefits of pension saving have been dealt with previously in this column.
Jaguar Land Rover
China overtakes United States as biggest export partner of West Midlands
Jaguar Land Rover helps push ten-fold increase in exports to Eastern superpower over four years.
Jaguar Land Rover
West Midlands 'will be in export surplus next year'
Boom in overseas sales on back of Jaguar Land Rover set to push region into positive in terms of international trade
An alternative way of building a pension pot
Most pension savers will build up their retirement fund using individual contributions and some will be fortunate enough to receive employer payments too.
PAYE changes welcomed by expert
U-turn welcomed after businesses met with barrage of red tape
Prepare for cut in the pension lifetime allowance
The country’s highest earners should be taking steps now to prepare for the forthcoming cut in the pension lifetime allowance.
Deciphering pension options
But a SSAS is a pension arrangement most likely to be put in place by the owner of a small business. It provides a means through which they can save for retirement, together with their fellow directors and other key employees.
Government deals boost Interserve
The group, which took over construction giant RM Douglas, also announced it had won a government contract extension with HM Revenue and Customs and the Department for Work and Pensions
Level playing field needed on corporation tax in the UK
Trevor Law writes "In his Budget speech earlier this year George Osborne announced that the rate of corporation tax in the UK would be cut to 20 per cent with effect from April 2015."
Midland employers failing to pay the minimum wage are fined after HMRC investigation
Dozens of rogue employers in the Midlands failing to pay the national minimum wage have been fined up to £5,000.
Clothing firm boss jailed for VAT fraud
The managing director of a clothing chain, who failed to pay his VAT in full and pocketed almost £68,000 in tax and national insurance contributions deducted from employees’ wages, has been jailed for 18 months.
Beware the tax form that looks easy
Company directors in the West Midlands are being warned that they may have received the wrong tax returns from the Inland Revenue.