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Other news in brief

Tax news in brief 9 Nov 2018

A round up of other news this week.


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HMRC have published guidance on the administrative requirements for the restriction of relief for carried-forward losses, as well as the group allowance allocation statement template.

Latest analysis by KPMG Nunwood has found that customer experience in the UK has shown little sign of improvement in the last year, with consumers stating that their experiences, with a few exceptions, felt average overall.

KPMG International has carried out a global poll of 25,000 consumers which revealed that they are becoming increasingly anxious about personal data sharing. Top concerns involved, hacking of their financial, medical or other personal information, theft of their credit card details, shopping online and tracking of their online shopping habits.

KPMG analysis reveals that over a fifth of UK jobs currently pay below the real Living Wage, which represents an increase of 1.2 million jobs since 2012. Last year’s report saw the number of jobs paying below the Living Wage slightly down on the preceding year, hinting at some progress. However, the latest analysis conducted by IHS Markit for KPMG finds that the proportion of jobs paying less than the Living Wage now stands at 22 percent up from 21 percent in 2017. However a closer look at the findings reveals that part-time workers are more than three times as likely to be paid below the Living Wage.

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