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HMRC launches MTD awareness campaign

HMRC has launched a new communications campaign to raise awareness among small businesses that will be affected by Making Tax Digital (MTD).

The campaign started with a tweet from HMRC, linking to a webpage on how VAT businesses can get ready for MTD, around 6 months before its anticipated rollout.

This page does not contain any new information, but simplifies existing guidance...

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Government delays self-employed pension trials

Trials to find a pension saving solution for the self-employed, which were expected to start this year, will be delayed.

In a written response to parliament, pensions minister Guy Opperman said there is "no simple or straightforward mechanism" to bring the self-employed into pensions saving, "nor is there any consensus or evidence about the best approach".

He said the government...

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Small firms unprepared for no-deal Brexit

With only six months until the UK's planned exit from the EU, most small businesses remain unprepared for a no-deal Brexit.

Research by the Federation of Small Businesses (FSB) shows only 14% of small firms have started planning in the event that no formal agreement is reached during negotiations between the UK and the EU.

Almost half (48%) believe this outcome would have a...

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Less than 4 in 10 adults have made a will

Most adults do not have a will, but those who do are satisfied with the process of making one, research shows.

A YouGov study of 2,063 adults in the UK found that only 38% have made a will, and most tend to put off doing so until later in their life.

Around two-thirds (67%) of those aged 55 and over have a will, but this drops to 36% in the 45 to 54 age group.

The main...

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Long-term investors rewarded for patience

People who stayed invested and kept saving during the financial crisis of 2008 could now be seeing a return of 89%, according to research.

Aegon calculated that £100,000 invested in a mixture of equities, gilts, cash and bonds before the crash would now be worth around £189,000.

This would have seen an initial 22% loss in the first 6 months until March 2009, followed by sustained...

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