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Pension regulator running spot checks on UK employers
Employers suspected of failing to meet their workplace pensions duties are being targeted with spot check inspections by the Pensions...
Lynne Gowers
May 20, 20221 min read


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...
hello426762
Mar 24, 20221 min read


82% of VAT registered businesses are still unaware of MTD deadline
Although there is less than a month until the roll out of the Making Tax Digital (MTD) for VAT extension, 82% of eligible businesses are...
Lynne Gowers
Mar 18, 20221 min read


Student loan repayments to start at £25,000
The level at which students begin to pay back their loans will be lowered from £27,295 to £25,000. From September 2023, the interest rate...
Lynne Gowers
Mar 14, 20221 min read


SSP Rebate Scheme set to close in March
The Statutory Sick Pay Rebate Scheme (SSPRS) will close on 17‌‌‌ ‌March‌‌‌ ‌2022. The SSPRS was reintroduced by the government on 21...
hello426762
Mar 11, 20221 min read


FSB calls for relief for small employers in Spring Statement
The Federation of Small Businesses (FSB) has urged Chancellor Rishi Sunak to use the upcoming Spring Statement to help small employers...
hello426762
Mar 4, 20221 min read


Businesses urged to apply for remaining COVID-19 support grants
Businesses are being encouraged to apply for remaining coronavirus (COVID-19) grant funding from local authorities. Hospitality, leisure...
Lynne Gowers
Feb 17, 20221 min read


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...
hello426762
Feb 15, 20221 min read


SDLT ‘needs to be reformed’, study suggests
Research carried out by mortgage lender Butterfield Mortgages has suggested that stamp duty land tax (SDLT) is outdated and needs...
Lynne Gowers
Feb 13, 20221 min read


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...
hello426762
Jan 24, 20221 min read


COVID-19 support grants must be included on company tax returns
HMRC has warned that businesses must declare any coronavirus (COVID-19) support grants or payments on their company tax returns and...
hello426762
Jan 21, 20221 min read


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...
hello426762
Jan 19, 20221 min read


New law introduced to help protect pension savers from scammers
New rules to help protect pension savers from scammers have become law. Under the regulations, pension trustees and scheme managers will...
Lynne Gowers
Nov 16, 20211 min read


HMRC’s tax take falls by billions due to pandemic
HMRC saw a drop of almost £30 billion in tax revenues in the latest financial year because of the pandemic, according to its annual...
hello426762
Nov 12, 20211 min read


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...
hello426762
Nov 5, 20211 min read


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...
hello426762
Nov 4, 20211 min read


'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...
Lynne Gowers
Nov 1, 20211 min read


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...
Lynne Gowers
Oct 30, 20211 min read


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...
hello426762
Oct 29, 20211 min read


Budget 2021 - a quick-fire overview!
In his second Budget of the year, Chancellor Rishi Sunak leaned heavily on his prospect of a brighter economic outlook. Mr. Sunak...
Lynne Gowers
Oct 27, 20212 min read