Business News

In response to a recent call for evidence, the Treasury has outlined proposals to use the UK tax system to reduce plastic waste from single-use items, such as straws, cutlery, coffee cups and takeaway packaging.

Data published by Action Fraud has revealed that UK consumers lost £2 million to cryptocurrency scams during June and July.

Following a joint investigation by the Competition and Markets Authority (CMA) and the Financial Conduct Authority (FCA), banks will now be required to publish their customers' satisfaction scores on their websites, apps and in their branches.

A survey carried out by Wesleyan Bank has suggested that UK small and medium-sized enterprises (SMEs) are confident about their future growth prospects.

Research carried out by comparison website comparethemarket.com has revealed that more than £2 billion has been stolen from individuals' debit and credit card accounts in the last year.

A survey carried out by insurance firm Aviva has found that 63% of over-50s in work are planning to retire later than they previously intended.

Figures published by the Office for National Statistics (ONS) have revealed a boost in UK economic growth.

The Chartered Institute of Taxation (CIOT) has welcomed the legal status given to the Making Tax Digital for VAT (MTD for VAT) 'soft landing' period, which is intended to help taxpayers who may find it difficult to comply with the IT demands associated with the initiative.

A survey carried out by the British Chambers of Commerce (BCC) and insurer Aviva has suggested that discussing mental health in the workplace is becoming 'less taboo' for both employers and employees.

HMRC is urging UK taxpayers to declare foreign income or profits on offshore assets ahead of the 30 September 2018 Requirement to Correct (RTC) disclosure deadline.

A report published by the Business, Energy and Industrial Strategy (BEIS) Committee has stated that the gender pay gap reporting initiative should be extended to include firms with 50 employees or more.

The Institute of Directors (IoD) has stated that UK businesses have been 'left in the dark' in regard to the government's Brexit plans.

Business groups, including the Confederation of British Industry (CBI), the British Chambers of Commerce (BCC) and the Institute of Directors (IoD) have responded to the Bank of England's decision to raise interest rates for the second time in a decade.

Official figures have revealed that HMRC collected a 'record amount' of inheritance tax (IHT) in the 2017/18 tax year.