hello426762Mar 241 min2022 Spring Statement – the business reactionBusiness groups have responded to Chancellor Rishi Sunak’s Spring Statement speech. Shevaun Haviland, Director General of the British...
hello426762Feb 151 minSoaring wage and energy costs force three quarters of UK businesses to raise pricesAround three quarters of UK businesses say they are putting up prices in response to surging costs such as wages, energy and raw...
hello426762Jan 241 minConsumer group urges taxpayers to avoid using refund firms to claim tax rebatesConsumer group Which? has urged taxpayers to avoid using so-called ‘refund firms’ to claim tax rebates. Which? stated that people are...
hello426762Jan 191 minGovernment launches consultation on global minimum tax for multinationals The government has launched a consultation on the framework for rolling out the 15% global minimum tax on profits which will be payable...
Lynne GowersDec 10, 20211 minGender pay gap has seen ‘barely any change’ over past 25 years, IFS findsA report published by the Institute for Fiscal Studies (IFS) has suggested that the gender pay gap ‘has barely shifted’ in the past 25...
Lynne GowersNov 9, 20211 minCosts ‘weighing on businesses’ sustainability intentions’, FSB findsA report published by the Federation of Small Businesses (FSB) has revealed that the costs associated with going green have impacted...
hello426762Nov 5, 20211 minIFS predicts millions to be worse off next year due to tax risesThe Institute for Fiscal Studies (IFS) has predicted that millions of people will be worse off in 2022 as a result of spiralling costs...
hello426762Nov 4, 20211 minTreasury received five million malicious emails over past three years, research findsResearch carried out by think tank Parliament Street has revealed that HM Treasury received almost five million malicious emails over the...
Lynne GowersNov 1, 20211 min'Bank of mum and dad’ financing half of first-time purchases, research findsResearch carried out by property group Savills has found that half of first-time buyer home purchases are financed by the so-called ‘bank...
Lynne GowersOct 29, 20211 minManufacturing activity remains firm, but supply pressures mount, says CBIUK manufacturing output volumes in the quarter to October grew at a similarly firm pace to September, according to the Confederation of...
hello426762Oct 28, 20211 minSmall firms losing £25 billion annually to tax admin A study carried out by the Federation of Small Businesses (FSB) has showed that small firms are losing £25 billion per year as compliance...
Lynne GowersSep 21, 20211 minInflation sees sharpest increase on recordInflation rose to 3.2% last month from 2% in July – its largest ever recorded increase, according to the Office for National Statistics...
hello426762Sep 18, 20211 minOTS says changing date of tax year end would be beneficial Adopting a tax year which is either aligned with the calendar year or with a calendar month-end would have clear benefits, according to a...
hello426762Sep 14, 20211 minDrop proposed basis period reform, urges ICAEWPushing through proposals to change basis periods ahead of the expansion of Making Tax Digital (MTD) will cause as many problems as it...
Lynne GowersSep 9, 20211 minFSB suggests business rates system ‘disincentivises investment’The Federation of Small Businesses (FSB) has stated that the current business rates system in England serves to ‘disincentivise...
Lynne GowersSep 6, 20211 minUK recovery slows as staff shortages take their tollStaff and supply shortages have taken their toll on the UK's economic recovery, according to the latest IHS Markit/CIPS Purchasing...
hello426762Aug 15, 20211 minTwo-fifths of freelancers lost over 40% of turnover during pandemicTwo out of every five freelancers suffered a loss of over 40% of turnover during the coronavirus (COVID-19) pandemic, according to...
hello426762Aug 7, 20211 minICAEW urges HMRC to scrap VAT exemptionsIn response to HMRC’s consultation on simplifying the rules relating to land and property, the Institute of Chartered Accountants in...
Lynne GowersJul 25, 20211 minCBI survey reveals bumper growth in private sector activityA survey carried out by the Confederation of British Industry (CBI) has revealed that in the three months to July, private sector...
hello426762Jun 3, 20211 minNumber of freelancers increases for first time since onset of pandemicThe number of self-employed individuals increased month-on-month for the first time since the outbreak of the coronavirus (COVID-19)...