HM Revenue & Customs (HMRC) could claw back up to £10 billion in lost revenues from UK tax evaders, according to advisors PwC. PwC says that HMRC is now getting banking information from countries previously reluctant to share data with investigators. Consequently, HMRC has already generated £1 billion in tax,...
Nearly 90% of UK companies fell victim to computer hackers, data theft or other cyber security breach in the past year, according to new research from PwC and Infosecurity Europe. The 2013 Information Security Breaches Survey, produced on behalf of the Department for Business, Innovation and Skills (BIS) reported a...
The Department of Environment has launched a consultation on proposed changes to planning fees in Northern Ireland. The proposed amendments are part of a further phase of planning reform and are designed to reshape elements of the fee structure, with a view to alleviating the financial burden on individuals, developers...
The number of businesses hiring in-house specialist lawyers is set to rise according to a new survey from advisors, PwC. The survey, Corporate Choices in International Arbitration (IA), says that more than a third (35%) of in-house legal counsels have experienced a rise in the number of international disputes, with...
Invest Northern Ireland has launched a new programme intended to help small and medium enterprises (SMEs) access funding. The Finance Voucher initiative will provide support to businesses to access professional help to prepare funding proposals. Eligible businesses will be able to use the voucher to cover up to 49% of...
In challenging economic times, the Chancellor needed to announce a confident, stable Budget; one based on sound, practical, economic decisions, rather than vote-winning, short-term, political solutions. So, has he delivered on this? The Budget certainly had a more positive tone than we expected with a strong emphasis on supporting the...
In challenging economic times, the Chancellor needed to announce a confident, stable Budget; one based on sound, practical, economic decisions, rather than vote-winning, short-term, political solutions. So, has he delivered on this? The Budget certainly had a more positive tone than we expected with a strong emphasis on supporting the...
As today’s Budget delivers £54m of new money to Northern Ireland over the next two years, just how will the Chancellor’s announcements impact on the local economy? To expand on the implications of today’s Budget Statement for the economy, taxpayer and business, we asked PwC Northern Ireland chief economist, Dr...
A quick reference guide to UK tax rates and allowances for individuals, companies and other taxpayers following announcements in Budget 2013. This data was prepared on Budget day 20 March 2013. It's a brief overview for temporary reference and general guidance on matters of interest only, and doesn't constitute professional...
Northern Ireland is slipping behind the rest of the UK in just about every measure of employment, growth and productivity, according to the latest economic outlook from advisors, PwC Their Northern Ireland Economic Outlook (NIEO), published today [Thursday 14 March 2013] says Northern Ireland has the lowest level of business...
