Business News

19 Oct 2021

Pensions experts say a minimum of £10,900 a year needed to retire

A single person will need post-tax annual income of £10,900 for a minimum standard of living in retirement, according to the Pensions and Lifetime Savings Association (PLSA).

18 Oct 2021

Applications now open for freeports

Businesses that are planning to operate in the UK's new freeports can now apply to HMRC.

15 Oct 2021

Over 40 trade associations back statement on business rate reform

A joint statement issued by 41 of the UK's trade associations has called on the government to reform business rates in order to help unlock green investment.

14 Oct 2021

Deadline for 2020/21 self assessment tax returns approaching

HMRC has reminded self assessment taxpayers that the deadlines for filing 2020/21 tax returns are now approaching.

13 Oct 2021

Chancellor has 'little room for manoeuvre' in the Budget

Chancellor Rishi Sunak will have 'little room for manoeuvre' in this month's Budget and Spending Review, according to the Institute for Fiscal Studies (IFS).

12 Oct 2021

ICAEW calls for Autumn Budget to 'accelerate work to build modern tax system'

The Tax Faculty at the Institute of Chartered Accountants in England and Wales (ICAEW) has urged the government to use the upcoming Autumn Budget to help accelerate work on building a modern UK tax system.

11 Oct 2021

Three in ten firms to employ fewer people as result of NIC increase, IoD finds

A survey carried out by the Institute of Directors (IoD) has found that three in ten businesses plan on employing fewer people as a result of the increase in national insurance contributions (NICs).

08 Oct 2021

Business groups warn that fragile economy is on shaky ground

Business groups have warned Prime Minster Boris Johnson that the UK economy is fragile and the recovery from the coronavirus (COVID-19) pandemic remains on shaky ground.

07 Oct 2021

IoD urges government to introduce tax super-deduction for investment in retraining

The Institute of Directors (IoD) has called on the government to introduce a tax super-deduction to plug an investment gap in retraining.

06 Oct 2021

FSB warns tax rises 'threaten recovery from pandemic'

The Federation of Small Businesses (FSB) has warned that tax rises could threaten the UK's ongoing recovery from the coronavirus (COVID-19) pandemic.

05 Oct 2021

Chancellor commits £500 million to extend job support schemes

Chancellor Rishi Sunak has committed £500 million to renew job support programmes set up during the coronavirus (COVID-19) pandemic after the end of the furlough scheme last month.

04 Oct 2021

Working Tax Credit customers must report changes to working hours

HMRC is urging Working Tax Credit (WTC) customers to check if they need to update their working hours if these have reduced because of the pandemic.

01 Oct 2021

Off payroll rules the forgotten factor driving the HGV crisis, says IPSE

Changes to the off payroll rules, commonly known as IR35, that were introduced earlier this year are the forgotten factor driving the HGV crisis, according to the Association of Independent Professionals and the Self-Employed (IPSE).

30 Sep 2021

Chancellor warned of redundancies as furlough scheme ends

The government's Coronavirus Job Retention Scheme (CJRS) ends today (30 September) after supporting millions of workers during the pandemic.