More than 3,000 tube and bus fare dodgers have been sentenced through a revolutionary new digital sentencing system.

The loss of VAT from the sale of goods online continues to be a problem for HMRC, with the tax losses for 2015-16 from goods sold by overseas businesses but routinely stored and dispatched to UK consumers from within the UK, estimated to be between £1 billion and £1.5 billion. Following HMRC’s consultation, which concluded in March last year, the responses to the idea of ‘split payment’ as a way to tackle the problem show that whilst such a method would bring challenges, there is broad agreement that it is a workable solution.

When retirement is decades away, it’s understandable that many people near the start of their working lives don’t give a lot of thought to exactly how much of a difference the amount they pay into their pension will make when they finally come round to needing it. Increasing your pension contribution by 1% might sound so small as to be insignificant, making it tempting to choose to enjoy more of your hard-earned money today rather than putting a little more of it away for years to come. But is that really the case? What difference would putting an extra 1% into your pension actually make?

If you’re an investor, it’s likely that you’ll have heard discussions or read reports around the arrival of Mifid II. It’s just as likely that you won’t have had much idea of what Mifid II is or how it might affect you and your investments.

If you are a company director, beware of acting in a way that is contrary to the articles of association of your company, even if the action may on the face of it seem logical. This was a point discovered, to his cost, by the director of BW Estate Ltd.

Auction Estates Ltd, a dedicated property auction house specialising in the sale of residential housing, commercial property, land and specialist property investments, has hit a major milestone this month having completed in excess of £10m worth of auction sales in its first twelve months of business.

There are those that believe I am well positioned to write this article, and they may be right!

According to the Consumer Price Index, inflation is currently at 3%. This is the highest rate for over five years, meaning household budgets are being stretched further and further as the average pay is going up by just 2.2%. As the Bank of England has just announced the first base rate rise in over a decade, the pressure is likely to be on even more as mortgage costs will go up for many people as a result. So, here are our top tips to help you ease the impact of inflation upon your income.