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    2022 Spring Statement – the business reaction
    hello426762
    • Mar 24
    • 1 min

    2022 Spring Statement – the business reaction

    Business groups have responded to Chancellor Rishi Sunak’s Spring Statement speech. Shevaun Haviland, Director General of the British...
    Soaring wage and energy costs force three quarters of UK businesses to raise prices
    hello426762
    • Feb 15
    • 1 min

    Soaring wage and energy costs force three quarters of UK businesses to raise prices

    Around three quarters of UK businesses say they are putting up prices in response to surging costs such as wages, energy and raw...
    Consumer group urges taxpayers to avoid using refund firms to claim tax rebates
    hello426762
    • Jan 24
    • 1 min

    Consumer group urges taxpayers to avoid using refund firms to claim tax rebates

    Consumer group Which? has urged taxpayers to avoid using so-called ‘refund firms’ to claim tax rebates. Which? stated that people are...
    Government launches consultation on global minimum tax for multinationals
    hello426762
    • Jan 19
    • 1 min

    Government 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...
    Gender pay gap has seen ‘barely any change’ over past 25 years, IFS finds
    Lynne Gowers
    • Dec 10, 2021
    • 1 min

    Gender pay gap has seen ‘barely any change’ over past 25 years, IFS finds

    A report published by the Institute for Fiscal Studies (IFS) has suggested that the gender pay gap ‘has barely shifted’ in the past 25...
    Costs ‘weighing on businesses’ sustainability intentions’, FSB finds
    Lynne Gowers
    • Nov 9, 2021
    • 1 min

    Costs ‘weighing on businesses’ sustainability intentions’, FSB finds

    A report published by the Federation of Small Businesses (FSB) has revealed that the costs associated with going green have impacted...
    IFS predicts millions to be worse off next year due to tax rises
    hello426762
    • Nov 5, 2021
    • 1 min

    IFS predicts millions to be worse off next year due to tax rises

    The Institute for Fiscal Studies (IFS) has predicted that millions of people will be worse off in 2022 as a result of spiralling costs...
    Treasury received five million malicious emails over past three years, research finds
    hello426762
    • Nov 4, 2021
    • 1 min

    Treasury received five million malicious emails over past three years, research finds

    Research carried out by think tank Parliament Street has revealed that HM Treasury received almost five million malicious emails over the...
    'Bank of mum and dad’ financing half of first-time purchases, research finds
    Lynne Gowers
    • Nov 1, 2021
    • 1 min

    'Bank of mum and dad’ financing half of first-time purchases, research finds

    Research carried out by property group Savills has found that half of first-time buyer home purchases are financed by the so-called ‘bank...
    Manufacturing activity remains firm, but supply pressures mount, says CBI
    Lynne Gowers
    • Oct 29, 2021
    • 1 min

    Manufacturing activity remains firm, but supply pressures mount, says CBI

    UK manufacturing output volumes in the quarter to October grew at a similarly firm pace to September, according to the Confederation of...
    Small firms losing £25 billion annually to tax admin
    hello426762
    • Oct 28, 2021
    • 1 min

    Small 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...
    Inflation sees sharpest increase on record
    Lynne Gowers
    • Sep 21, 2021
    • 1 min

    Inflation sees sharpest increase on record

    Inflation rose to 3.2% last month from 2% in July – its largest ever recorded increase, according to the Office for National Statistics...
    OTS says changing date of tax year end would be beneficial
    hello426762
    • Sep 18, 2021
    • 1 min

    OTS 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...
    Drop proposed basis period reform, urges ICAEW
    hello426762
    • Sep 14, 2021
    • 1 min

    Drop proposed basis period reform, urges ICAEW

    Pushing through proposals to change basis periods ahead of the expansion of Making Tax Digital (MTD) will cause as many problems as it...
    FSB suggests business rates system ‘disincentivises investment’
    Lynne Gowers
    • Sep 9, 2021
    • 1 min

    FSB 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...
    UK recovery slows as staff shortages take their toll
    Lynne Gowers
    • Sep 6, 2021
    • 1 min

    UK recovery slows as staff shortages take their toll

    Staff and supply shortages have taken their toll on the UK's economic recovery, according to the latest IHS Markit/CIPS Purchasing...
    Two-fifths of freelancers lost over 40% of turnover during pandemic
    hello426762
    • Aug 15, 2021
    • 1 min

    Two-fifths of freelancers lost over 40% of turnover during pandemic

    Two out of every five freelancers suffered a loss of over 40% of turnover during the coronavirus (COVID-19) pandemic, according to...
    ICAEW urges HMRC to scrap VAT exemptions
    hello426762
    • Aug 7, 2021
    • 1 min

    ICAEW urges HMRC to scrap VAT exemptions

    In response to HMRC’s consultation on simplifying the rules relating to land and property, the Institute of Chartered Accountants in...
    CBI survey reveals bumper growth in private sector activity
    Lynne Gowers
    • Jul 25, 2021
    • 1 min

    CBI survey reveals bumper growth in private sector activity

    A survey carried out by the Confederation of British Industry (CBI) has revealed that in the three months to July, private sector...
    Number of freelancers increases for first time since onset of pandemic
    hello426762
    • Jun 3, 2021
    • 1 min

    Number of freelancers increases for first time since onset of pandemic

    The number of self-employed individuals increased month-on-month for the first time since the outbreak of the coronavirus (COVID-19)...
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