Economy
Chancellor unveils biggest single-year rates cut in over 30 years
Wednesday, 27 October 2021, 14:07
Chancellor unveils biggest single-year rates cut in over 30 years
Chancellor Rishi Sunak has unveiled a 50% discount on business rates for the hospitality, retail and leisure sectors (up to…
UK Inflation falls to 3.1% despite rising fuel costs
Wednesday, 20 October 2021, 11:04
UK Inflation falls to 3.1% despite rising fuel costs
UK inflation fell slightly in September to 3.1% despite rising fuel costs, according to the latest figures from the Office…
IFS report warns of difficult choices for the Chancellor
Tuesday, 19 October 2021, 15:14
IFS report warns of difficult choices for the Chancellor
The Institute for Fiscal Studies (IFS) has launched its annual Green Budget report, setting out its views on the prospects…
UK legal and accounting sector pays £20.5bn in tax, TCUK says
Monday, 18 October 2021, 10:32
UK legal and accounting sector pays £20.5bn in tax, TCUK says
The UK legal and accounting sectors contributed £20.5b in tax in 2020, up 5.4% from 2018, according to the latest…
Business growth slows amid supply chain disruptions, BDO warns
Wednesday, 13 October 2021, 10:18
Business growth slows amid supply chain disruptions, BDO warns
Business output growth across the UK has slowed for the fifth consecutive month as supply chain disruption and staff shortages…
136 countries agree to 15% global corporation tax
Monday, 11 October 2021, 10:21
136 countries agree to 15% global corporation tax
Some 136 countries have agreed a global minimum 15% corporation tax, meaning multinational corporations will pay the rate in each…
Financial advisor banned for failing to declare side income
Tuesday, 28 September 2021, 10:24
Financial advisor banned for failing to declare side income
The Financial Conduct Authority (FCA) has issued a ban to financial advisor Anthony George after he provided false self-assessment tax…
HMRC sees tax receipts and NICs rise £84.7bn
Monday, 20 September 2021, 9:48
HMRC sees tax receipts and NICs rise £84.7bn
HMRC has reported that total tax receipts and NI contributions (NICs) for April 2021 to August 2021 across the UK…
Wilson Wright urges HMRC to ‘do more’ to close the business tax gap
Friday, 17 September 2021, 10:31
Wilson Wright urges HMRC to ‘do more’ to close the business tax gap
HMRC has been urged to “do more” to help smaller businesses and individuals pay the right amount of tax and…
Inflation sees biggest jump on record in August
Wednesday, 15 September 2021, 10:26
Inflation sees biggest jump on record in August
UK inflation saw its largest jump since records began in August, as the rate spiked to 3.2% in a 12…