Business News

Politicians pledge to take action on late payments

21 Nov 2019

The Liberal Democrats and the Labour Party have both pledged to take action to combat late payments that damage small and medium-sized enterprises (SMEs).

Corporation tax cuts put on hold

20 Nov 2019

Next April's planned cut in corporation tax is to be put on hold, Prime Minister Boris Johnson told the Confederation of British Industry (CBI) conference on 18 November.

Number of EIS approvals drops

19 Nov 2019

The number of approvals given for the funding of small businesses through the government's Enterprise Investment Scheme (EIS) has dropped, according to figures published by HMRC.

Dividend payments rise for tenth consecutive year

18 Nov 2019

Dividend payments made by the world's biggest companies to their shareholders have grown for the tenth year in a row, according to research from asset management company Janus Henderson.

UK taxes at historical high

15 Nov 2019

UK taxes are at a historical high, accounting for over a third of GDP at 34.4% and up almost seven percentage points from the 1950s, according to a new Institute for Fiscal Studies (IFS) report.

Pension scam victims 'could lose 22 years of pension savings in 24 hours'

14 Nov 2019

Pension scam victims could lose 22 years of savings in 24 hours, according to the Pensions Regulator (TPR) and the Financial Conduct Authority (FCA).

Off-payroll changes need to be delayed, says FSB

13 Nov 2019

Next year's expansion of the off-payroll rules into the private sector should be delayed, according to the Federation of Small Businesses (FSB).

UK avoids recession but economic growth remains slow

12 Nov 2019

The UK economy has avoided falling into recession although growth remains slow, according to the latest figures from the Office for National Statistics (ONS).

Real Living Wage rise boosts pay for thousands

11 Nov 2019

Over 210,000 UK workers are set to benefit after the Real Living Wage increased to £9.30 an hour.

Loan charge review put on hold

08 Nov 2019

The independent review into the loan charge has been put on hold until after December's General Election.

OTS calls for overhaul of Personal Tax Accounts

07 Nov 2019

The Office of Tax Simplification (OTS) has called for a revamp of HMRC's Personal Tax Accounts (PTAs) in order to make them easier to use for taxpayers.

HMRC sets out cryptoasset guidance for businesses

06 Nov 2019

HMRC has issued guidance on the tax treatment of cryptoassets in order to clarify the rules for businesses.

Business confidence at a 10-year low

05 Nov 2019

Business confidence has fallen to its lowest point in over a decade, according to the latest ICAEW Business Confidence Monitor.

Improved accuracy for VAT returns under MTD

04 Nov 2019

Almost a third of company VAT returns are more accurate under Making Tax Digital (MTD), according to Thomson Reuters research.

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