HM Revenue and Customs has already announced its plans to take tax fully digital by 2020, but could new tech really move the sector light years ahead? It's been suggested everything from Artificial intelligence to Blockchain could be used to improve how taxes are collected and processed. Matt Cox has been speaking to monetary innovation researcher, Garrick Hileman, about this.
What are the costs of being single, cohabiting and being married? A report has found less than a quarter of couples eligible for marriage tax allowance are bothering to claim it, according to HMRC. But why? To find out more, and other money questions on relationship status's, Georgie spoke to Andy Webb, a personal finance journalist and blogger at 'Be Clever With your Cash'.
There are just seven days to go before the deadline to submit paper tax returns. But with HMRC aiming for a fully digital tax service by 2020, rushing to file your tax return before 31 October will soon be a thing of the past. Yet new analysis suggests that taxpayers who pay their taxes digitally may end up paying more than they are supposed to. Share Radio's Robert Van Egghen spoke to Mike Hodges, tax partner at chartered accountants Saffrey Champness, about whether the move to digital was welcome.
Sue Dougan is joined by Rachel Springall, personal finance expert at moneyfacts.co.uk. Today they discuss Sir Philip Green's upcoming meeting with the pensions regulator as well as the news a third of people get poor or no mobile phone reception at home. Plus how self driving cars could become the future of motoring. All these stories and more on The News Review.
Georgie Frost is joined by Hannah Maundrell, editor of money.co.uk. Today they discuss Philip Hammond's speech today at the Conservative Party conference in Birmingham plus news of planned strikes on Virgin Trains East Coast over job cuts. Plus would you pay £17.50 for the chance to jump airport security queues? All these stories and more on The News Review.
Georgie Frost is joined in the studio by Kevin Pratt, web editor at MoneySuperMarket.com. Today they discuss the lack of women amongst the country's richest people as well as the latest hike in insurance premium tax. Plus a Guardian investigation has found one in seven food businesses failed their most recent inspection. All these stories and more on The News Review.
Georgie Frost is joined in the studio by Sara Benwell, digital editor of Pensions Insight and Engaged Investor. Today they discuss the latest statistics allaying fears of a post-Brexit recession as well as all the small print on the Government's new Lifetime ISA. Plus why UK car manufacturing is at a record high. All these stories and more on The News Review.
Georgie Frost is joined in the studio by Vix Leyton from cashback site Quidco.com. Today they discuss Sports Direct's decision to guarantee hours to workers on zero-hours contracts as well as the gender disparity in pay increases. Plus why complaints about payday loans have more than tripled in the first six months of the year. All these stories and more on The News Review.
Conrad Ford, Chief Executive of online business finance supermarket, Funding Options, discussed the record £32.4 billion that was paid in corporation tax by 'real economy' UK businesses last year. So is there now scope for the government to reduce the corporation tax rate for SMEs?
On the show this week, we're taking a look back at the very best of our weekly financial analysis and commentary, in partnership with NS&I, over the past few months. And what a few months it has been! From Brexit to the Bank of England rate cuts, and don’t forget the BHS and Sports Direct scandals. We’re going to take you back, and get some perspective on it all. Maybe it will start to make sense... We'll also be looking at the major takeover of Britain’s own ARM holdings, a much-loved current account getting its rates slashed, and the best and worst of Great British Auto Manufacturing.
This is Money is presented by Georgie Frost, in partnership with NS&I
Rachel Rickard-Straus, Lee Boyce, Richard Browning, Simon Lambert