Business News

21 Feb 2020

Government pledges additional financial support for flooding victims

The government has pledged thousands of pounds in additional financial support for victims of the recent floods.

20 Feb 2020

UK fast becoming cashless, says report

The UK will become a cashless society within the next 15 years unless the government takes action, according to the Access to Cash Review.

19 Feb 2020

NAO finds tax reliefs cost UK £155 billion per year

Research carried out by the National Audit Office (NAO) has found that UK tax reliefs cost £155 billion per year.

18 Feb 2020

Low take-up of TFC linked to poor understanding of scheme

Research commissioned by HMRC has suggested that low take-up of the Tax-Free Childcare (TFC) scheme is linked to a 'poor understanding' of the initiative.

17 Feb 2020

Small landlords exiting buy-to-let market

Smaller landlords are exiting the buy-to-let market following cuts to tax relief, according to research from estate agency Hamptons International.

14 Feb 2020

Rishi Sunak appointed as new Chancellor

Rishi Sunak has been appointed as Chancellor of the Exchequer following the surprise resignation of Sajid Javid on 13 February.

13 Feb 2020

Flat growth 'should be a warning to government' ahead of Budget, states FSB

The Federation of Small Businesses (FSB) has stated that flat economic growth should serve as a wake-up call to the government ahead of the 2020 Budget.

12 Feb 2020

HMRC carries out fewer dawn raids

The number of dawn raids carried out by HMRC on individuals and businesses dropped last year, according to data published by law firm Pinsent Masons.

11 Feb 2020

CBI publishes Budget wishlist

The Confederation of British Industry (CBI) has published its wishlist ahead of the 2020 Budget, which will be delivered on Wednesday 11 March.

10 Feb 2020

HMRC announces off-payroll changes will not be applied retrospectively

HMRC has announced that changes to the off-payroll rules will only apply to payments made for services provided on or after 6 April 2020.

07 Feb 2020

Finance Minister for Scotland outlines tax plans in Scottish Budget

On 6 February, Public Finance Minister for Scotland, Kate Forbes, outlined plans for Scottish taxation and spending in the 2020/2021 Scottish Budget.

06 Feb 2020

Budget 'must address skills shortages' to boost UK growth, says BCC

The British Chambers of Commerce (BCC) has called for Chancellor Sajid Javid to use next month's Budget to address 'critical skills shortages' in order to 'level up' UK economic growth.

05 Feb 2020

UK business confidence bounces back in January

According to a survey carried out by the Institute of Chartered Accountants in England and Wales (ICAEW), UK business confidence bounced back in January after the election of a majority government saw political uncertainty recede.

04 Feb 2020

Over 950,000 taxpayers miss self assessment deadline

The number of taxpayers who missed the self assessment deadline rose to 958,296 this year, according to data published by HMRC.

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