News & Events | WDM - Part 7

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HMRC issues guidance on recognising phishing emails January 22, 2020

HMRC has issued guidance on recognising genuine Revenue contact and phishing emails. Criminals use phishing emails to obtain taxpayers’ personal or financial information. HMRC stated that such emails often include a link to a bogus website, which encourages individuals to enter their personal details. The Revenue also warned that criminals are able to make scam
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Research reveals significant number of UK businesses anticipate a recession in 2020 January 16, 2020

Research commissioned by finance provider Stenn Group has revealed that a significant number of UK businesses predict a recession in 2020. The research found that over a third of UK firms expect the economy to shrink this year. More than a tenth anticipate it to contract by 1-3%. 6% expect the economy to stay flat
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Employees ‘losing five days a year’ as result of travel disruption January 16, 2020

A survey carried out by the Confederation of British Industry (CBI) has suggested that UK workers are losing five days per year as a result of travel delays. The CBI polled 2,000 people, and found that employees lose, on average, 2.7 hours a week due to travel disruption and delays. According to the business group,
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Government launches review into off-payroll working rules January 16, 2020

The government has launched a review into the new off-payroll working rules, known as IR35, that are due to come into effect on 6 April 2020. The review, which was promised by Chancellor Sajid Javid in the run up to last year’s General Election, was officially launched on 7 January. It will gather information from
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UK minimum wage gets largest ever raise January 8, 2020

Millions of UK workers will see their pay rise after the government made the biggest ever cash increase in the legal minimum wage. The government has announced a 6.2% increase in the National Living Wage (NLW), which applies to workers aged 25 and over. The NLW will rise from the current rate of £8.21 to
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