Business News

Business News

HMRC reveals 700,000 couples are 'missing out' on Marriage Allowance

15 Feb 2019

HMRC has estimated that around 700,000 couples are 'missing out' on the Marriage Allowance, which could save them up to £238 in tax.

BCC publishes list of 20 'unanswered' 'no deal' Brexit questions

14 Feb 2019

The British Chambers of Commerce (BCC) has published a list of 20 'unanswered, critical questions' in relation to a 'no deal' Brexit scenario.

Chancellor will be required to spend 'billions' to end austerity, says IFS

13 Feb 2019

In a new report, economic think tank the Institute for Fiscal Studies (IFS) has suggested that Chancellor Philip Hammond will be required to spend 'billions more' in order to end austerity.

Rise in probate fees to take effect despite opposition

12 Feb 2019

Government plans to increase probate fees are set to go ahead despite considerable opposition.

CIOT urges government to simplify Structures and Buildings Allowance

11 Feb 2019

The Chartered Institute of Taxation (CIOT) has urged the government to 'simplify' its new Structures and Buildings Allowance (SBA).

Study suggests UK workers 'have already lost a week's wages' to Brexit

08 Feb 2019

A study carried out by the University of Warwick's Centre for Competitive Advantage in the Global Economy (CAGE) has revealed that the average UK worker has already lost a week's wages as a direct result of Brexit.

HMRC figures reveal an increase in first-time buyer relief claims

07 Feb 2019

Figures recently published by HMRC have revealed a 3% increase in the number of first-time buyer relief (FTBR) claims from the previous quarter, with 78% of transactions paying no Stamp Duty Land Tax (SDLT) at all.

ICAEW suggests confidence amongst businesses has 'slumped'

06 Feb 2019

The Institute of Chartered Accountants in England and Wales (ICAEW) has suggested that confidence amongst businesses has 'slumped' as a result of ongoing Brexit uncertainty.

Almost a third of UK businesses 'looking to relocate abroad due to Brexit'

05 Feb 2019

A survey conducted by the Institute of Directors (IoD) has found that nearly a third of IoD members are looking to move their operations abroad due to the uncertainty surrounding Brexit.

Treasury Committee launches business rates inquiry

04 Feb 2019

The Treasury Committee has launched an inquiry into the UK's business rates system, in order to assess the impact of business rates on firms.

CBI outlines next stage of apprenticeship reform

01 Feb 2019

The Confederation of British Industry (CBI) has published a report outlining the next steps that must be taken in order to successfully reform the UK's apprenticeship system.

UK small firms spending 'significant amount' on tax and employment obligations

31 Jan 2019

According to new research, UK small businesses are spending 15% more on tax and employment obligations when compared to 2011.

Chancellor announces Spring Statement date

30 Jan 2019

Chancellor Philip Hammond has announced that this year's Spring Statement will be delivered on Wednesday 13 March.

Taxpayers urge HMRC to delete biometric data

29 Jan 2019

Thousands of taxpayers have urged HMRC to delete the biometric data it stored during phone calls made to its Voice ID system.

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