Business News

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 government's announcement of a new Brexit deal between the UK and the EU.

HMRC intends to give importers up to six months to submit customs declarations and pay import duties in the event of a no-deal Brexit on 31 October.

Figures published by HMRC have revealed that the total number of claims for R&D tax credits has increased by 20%.

On 14 October, the UK government laid out its policies on trade, crime, the environment and Brexit in the Queen's Speech.

Chancellor Sajid Javid has announced that he will deliver the 2019 Autumn Budget on Wednesday 6 November.

The Institute of Chartered Accountants in England and Wales (ICAEW) has stated that 'lessons must be learned' from the controversy surrounding the loan charge.

Large multinational tech companies would have to pay taxes in the jurisdictions where profits are generated under new tax proposals from the Organisation for Economic Co-operation and Development (OECD).

Productivity in the UK fell at its fastest annual rate for five years during the second quarter of 2019, according to the Office for National Statistics (ONS).

Research carried out by insolvency trade body R3 has suggested that a third of UK small businesses are concerned about the impact Brexit will have on their supply chains.

Banking customers lost over £600 million to crime during the first half of 2019, according to data from industry group UK Finance.

The UK economy is 'on the cusp of recession' after the services sector suffered an unexpectedly sharp downturn last month, according to research from IHS Markit.

Chancellor Sajid Javid has suggested that the government 'may be prepared' to scrap inheritance tax (IHT).

Chancellor Sajid Javid has pledged to raise the National Living Wage (NLW) to £10.50 within the next five years.

The Association of Taxation Technicians (ATT) has called for 'urgent clarity' on next April's changes to the off-payroll working rules.