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Business News
FMB urges government to delay ‘disruptive’ VAT changes
29th Jul 2019 | Posted by:The Federation of Master Builders (FMB) has urged the government to delay 'disruptive' VAT changes in order to 'avoid construction chaos'.
Read MorePlastic waste tax set for 2022 launch
24th Jul 2019 | Posted by:The Treasury plans to go ahead with plans for a single-use plastic waste tax, covering all plastics and chargeable by weight, although it will not become law for three years
Read MoreMany firms ‘support extension of pensions auto-enrolment’
22nd Jul 2019 | Posted by:Research carried out by the Confederation of British Industry (CBI) and insurer Scottish Widows has revealed that many UK businesses would like to see the pensions auto-enrolment scheme made available to more workers.
Read MoreHousehold name companies shamed over late payments
18th Jul 2019 | Posted by:Eighteen companies – including BT, British American Tobacco, and Centrica – have been suspended from the Prompt Payment Code (PPC) for failing to pay suppliers on time
Read MoreHMRC promises leniency despite slow take up of Making Tax Digital
17th Jul 2019 | Posted by:HMRC has promised not to throw the book at firms who struggle to register for Making Tax Digital (MTD) as new figures show total take-up lagging in certain sectors
Read MoreEconomic growth ‘stalling’, BCC warns
4th Jul 2019 | Posted by:The British Chambers of Commerce (BCC) has warned that UK economic growth is 'stalling' amid a 'manufacturing slowdown'.
Read MoreMPs condemn HMRC for long helpline wait times
3rd Jul 2019 | Posted by:MPs have criticised HMRC for the long wait times experienced by taxpayers looking to get through to VAT helplines.
Read MoreSignificant number of individuals ‘choosing to live cashless life’
24th Jun 2019 | Posted by:Research carried out by trade association UK Finance has suggested that many individuals in the UK are choosing to live a ‘largely cashless life’.
Read MoreRise in rental costs ‘deterring young people from moving around country for jobs’
21st Jun 2019 | Posted by:Research carried out by think tank the Resolution Foundation has suggested that young people are ‘less likely to move around the country for a better job’ as a result of a considerable rise in rental costs.
Read MoreGrocery delivery company tops deliberate defaulters list with £1.14m tax bill
19th Jun 2019 | Posted by:HMRC’s latest list of major tax defaulters owing over £16.5m in unpaid tax, was topped by a grocery delivery company owing £1.14m and a metal and industrial chemical company owing £1.1m, with buy-to-let landlords, online traders and accountants, also featuring
Read MoreUK inward investment double Germany and France
17th Jun 2019 | Posted by:Foreign direct investment into the UK was worth $1.89 trillion (£1.48 trillion), more than Germany ($939bn) and France ($825bn) combined, with their total of $1.76 trillion. Between 2010 and 2018, the value of inward investment in the UK increased by 77%.
Read MoreGovernment tax investigations ‘taking three years to complete’
14th Jun 2019 | Posted by:Data published by law firm Pinsent Masons has suggested that government tax investigations into large businesses are taking 'three and a half years' to complete.
Read MoreFSB urges government to ‘push through late payments reform package’
5th Jun 2019 | Posted by:The Federation of Small Businesses (FSB) has called for the government to 'push through the late payments reform package' announced in the 2019 Spring Statement.
Read MoreBanking code offering ‘increased protection from criminals’ takes effect
28th May 2019 | Posted by:From 28 May 2019, a new 'banking code' designed to offer consumers 'increased protection from criminals' takes effect.
Read MoreMPs urge government to make ‘radical improvements’ to apprenticeship programme
24th May 2019 | Posted by:HMRC is ramping up a campaign targeting restaurants and takeaways as financial stress makes tax evasion more tempting for smaller operators, according to analysis from BDO
Read MoreTaxman eating away at tax evasion in restaurant sector
22nd May 2019 | Posted by:HMRC is ramping up a campaign targeting restaurants and takeaways as financial stress makes tax evasion more tempting for smaller operators, according to analysis from BDO
Read MoreFootball clubs score tax windfall for HMRC
17th May 2019 | Posted by:With four English football teams set to meet in the Champions League and Europa League finals, the first time one country has dominated the competitions, HMRC is set to take a multimillion pound share of prize money and player bonuses
Read MoreGovernment launches consultation on Companies House reforms
16th May 2019 | Posted by:The government has launched a consultation on new Companies House reforms, including a 'major upgrade' of its register.
Read MoreCuts to grants ‘affecting sales of electric cars in the UK’
15th May 2019 | Posted by:A report published by the European Automobile Manufacturers' Association (EAMA) has suggested that sales of electric cars in the UK are being affected by the government's decision to reduce the grant for buyers of so-called 'green' vehicles.
Read MoreFSB urges government to create ‘small business plan for Europe’
10th May 2019 | Posted by:The Federation of Small Businesses (FSB) has published a comprehensive 'small business plan', outlining a host of reforms to help 'unlock the potential of Europe's small businesses'. It is urging the government to follow suit and produce its own plan.
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