Business News

21 Feb 2019

Survey suggests eight in ten businesses 'aware of MTD for VAT'

A survey carried out by HMRC has revealed that 81% of VAT-mandated businesses are 'aware of Making Tax Digital for VAT (MTD for VAT)', either by name or by concept.

20 Feb 2019

MPs call for introduction of new levy on clothing retailers

The Environmental Audit Committee has called for the introduction of a new levy on so-called 'fast fashion' retailers.

19 Feb 2019

Data reveals parents 'failing to make use of Tax-Free Childcare'

According to data published by the government, its Tax-Free Childcare (TFC) scheme 'has not had the uptake expected', with only 22% of eligible families making use of it.

18 Feb 2019

Government publishes advice on minimising gender pay gap

The Government Equalities Office (GEO) has published advice designed to help UK businesses to reduce their gender pay gap.

15 Feb 2019

HMRC reveals 700,000 couples are 'missing out' on Marriage Allowance

HMRC has estimated that around 700,000 couples are 'missing out' on the Marriage Allowance, which could save them up to £238 in tax.

14 Feb 2019

BCC publishes list of 20 'unanswered' 'no deal' Brexit questions

The British Chambers of Commerce (BCC) has published a list of 20 'unanswered, critical questions' in relation to a 'no deal' Brexit scenario.

13 Feb 2019

Chancellor will be required to spend 'billions' to end austerity, says IFS

In a new report, economic think tank the Institute for Fiscal Studies (IFS) has suggested that Chancellor Philip Hammond will be required to spend 'billions more' in order to end austerity.

12 Feb 2019

Rise in probate fees to take effect despite opposition

Government plans to increase probate fees are set to go ahead despite considerable opposition.

11 Feb 2019

CIOT urges government to simplify Structures and Buildings Allowance

The Chartered Institute of Taxation (CIOT) has urged the government to 'simplify' its new Structures and Buildings Allowance (SBA).

08 Feb 2019

Study suggests UK workers 'have already lost a week's wages' to Brexit

A study carried out by the University of Warwick's Centre for Competitive Advantage in the Global Economy (CAGE) has revealed that the average UK worker has already lost a week's wages as a direct result of Brexit.

07 Feb 2019

HMRC figures reveal an increase in first-time buyer relief claims

Figures recently published by HMRC have revealed a 3% increase in the number of first-time buyer relief (FTBR) claims from the previous quarter, with 78% of transactions paying no Stamp Duty Land Tax (SDLT) at all.

06 Feb 2019

ICAEW suggests confidence amongst businesses has 'slumped'

The Institute of Chartered Accountants in England and Wales (ICAEW) has suggested that confidence amongst businesses has 'slumped' as a result of ongoing Brexit uncertainty.

05 Feb 2019

Almost a third of UK businesses 'looking to relocate abroad due to Brexit'

A survey conducted by the Institute of Directors (IoD) has found that nearly a third of IoD members are looking to move their operations abroad due to the uncertainty surrounding Brexit.

04 Feb 2019

Treasury Committee launches business rates inquiry

The Treasury Committee has launched an inquiry into the UK's business rates system, in order to assess the impact of business rates on firms.

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