Business News

15 Nov 2019

UK taxes at historical high

UK taxes are at a historical high, accounting for over a third of GDP at 34.4% and up almost seven percentage points from the 1950s, according to a new Institute for Fiscal Studies (IFS) report.

14 Nov 2019

Pension scam victims 'could lose 22 years of pension savings in 24 hours'

Pension scam victims could lose 22 years of savings in 24 hours, according to the Pensions Regulator (TPR) and the Financial Conduct Authority (FCA).

13 Nov 2019

Off-payroll changes need to be delayed, says FSB

Next year's expansion of the off-payroll rules into the private sector should be delayed, according to the Federation of Small Businesses (FSB).

12 Nov 2019

UK avoids recession but economic growth remains slow

The UK economy has avoided falling into recession although growth remains slow, according to the latest figures from the Office for National Statistics (ONS).

11 Nov 2019

Real Living Wage rise boosts pay for thousands

Over 210,000 UK workers are set to benefit after the Real Living Wage increased to £9.30 an hour.

08 Nov 2019

Loan charge review put on hold

The independent review into the loan charge has been put on hold until after December's General Election.

07 Nov 2019

OTS calls for overhaul of Personal Tax Accounts

The Office of Tax Simplification (OTS) has called for a revamp of HMRC's Personal Tax Accounts (PTAs) in order to make them easier to use for taxpayers.

06 Nov 2019

HMRC sets out cryptoasset guidance for businesses

HMRC has issued guidance on the tax treatment of cryptoassets in order to clarify the rules for businesses.

05 Nov 2019

Business confidence at a 10-year low

Business confidence has fallen to its lowest point in over a decade, according to the latest ICAEW Business Confidence Monitor.

04 Nov 2019

Improved accuracy for VAT returns under MTD

Almost a third of company VAT returns are more accurate under Making Tax Digital (MTD), according to Thomson Reuters research.

01 Nov 2019

Committee urges government to fix 'broken' business rates system

The government has been urged to overhaul the 'broken' business rates system by the Treasury Select Committee.

31 Oct 2019

OBR to publish financial forecast despite scrapping of Budget

In a letter to the Treasury, the Office for Budget Responsibility (OBR) has stated that it will publish forecasts for the UK's public finances despite the cancellation of the 6 November Autumn Budget.

30 Oct 2019

More young people saving into pensions due to automatic enrolment

The number of young people saving into a workplace pension is increasing due to auto-enrolment, according to a report by the Pensions Regulator (TPR).

29 Oct 2019

Study reveals UK eighth best country in world for doing business

A study carried out by the World Bank has revealed that the UK is the eighth best country in the world for doing business.

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