Business News

Businesses that are now liable for the Plastic Packaging Tax (PPT) will need to file their first returns this month.

Almost 11 million consumers have suffered a broadband blackout lasting more than three hours over the last year, according to data from Uswitch.

The UK's businesses are facing a perfect storm of increasing costs and time is running out for the government to act, the British Chambers of Commerce (BCC) has warned.

HMRC is reminding families not to miss out on the financial support offered by its Tax-Free Childcare (TFC) scheme.

The Financial Ombudsman Service recently published its annual complaints data for the 2021/22 financial year and found that complaints about 'authorised scams' increased by a fifth.

The Federation of Small Businesses (FSB) has urged the government to 'lean lessons from the implementation of coronavirus (COVID-19) health measures' to generate a regulatory business environment that steers away from recession.

The Bank of England (BoE) has reminded the public that it will be withdrawing the legal tender status of paper £20 and £50 banknotes after 30 September 2022.

The estimated tax gap for the 2020/21 tax year is 5.1% - the second lowest recorded percentage - and is unchanged from the previous year, according to the latest data from HMRC.

The UK government has announced plans to strengthen rules on 'buy now pay later' services, improving protection for users of the short-term credit.

UK inflation has risen to 9.1% in May from 9% in April as the cost-of-living crisis continues, according to the latest data from the Office of National Statistics (ONS).

Manufacturing trade body Make UK is calling for an emergency, pre-recess package of business support measures.

HMRC is extending the pilot for Making Tax Digital for income tax self assessment (MTD ITSA) to more self-employed workers and landlords.

The Bank of England (BoE) has raised UK interest rates to a 13-year high of 1.25% and is now predicting inflation will hit 11% this autumn, when energy bills are set to rise again.

The Institute of Directors (IoD) has launched a new inquiry to analyse how good corporate governance can drive innovation.