Business News

HMRC urges firms to sign up for MTD for VAT

26 Mar 2019

With less than a week to go, HMRC is urging those firms which haven't signed up for the Making Tax Digital for VAT (MTD for VAT) scheme to do so 'as soon as possible'.

Data reveals significant rise in number of contactless payments

25 Mar 2019

Data published by UK Finance has revealed that two in five card payments are made using contactless technology.

Data reveals 84,000 people fell victim to bank payment scams in 2018

22 Mar 2019

Trade association UK Finance has revealed that more than 84,000 bank customers fell victim to so-called bank payment scams in 2018.

HMRC warns businesses MTD registration 'takes seven days'

21 Mar 2019

With Making Tax Digital for VAT (MTD for VAT) set to take effect from 1 April, HMRC has warned UK businesses that the registration procedure will take up to seven days to complete.

Government publishes additional Brexit advisory documents

20 Mar 2019

The government has published additional documents containing advice on Brexit for UK small businesses.

MPs urge government to implement tax on social media firms

19 Mar 2019

A group of MPs has called on the government to tax the profits of social media businesses.

NEF calls for personal allowance to be replaced with 'weekly national allowance'

18 Mar 2019

Think tank the New Economics Foundation (NEF) has called for the income tax personal allowance to be replaced with a new 'weekly personal allowance'.

IFS states UK 'urgently' needs an 'effective' Spending Review

15 Mar 2019

In its analysis of the 2019 Spring Statement, the Institute for Fiscal Studies (IFS) stated that the UK 'urgently' needs an effective Spending Review, in order to take account of public finances and 'the needs of public services'.

View our 2019 Spring Statement summary

14 Mar 2019

Chancellor Philip Hammond delivered the 2019 Spring Statement yesterday, responding to the latest economic forecasts published by the Office for Budget Responsibility (OBR).

2019 Spring Statement - Chancellor provides update on plans to tackle late payments

14 Mar 2019

In his 2019 Spring Statement, Chancellor Philip Hammond outlined detailed plans to tackle the issue of late payments in the UK.

Chancellor delivers Spring Statement amid 'cloud of uncertainty'

13 Mar 2019

Chancellor Philip Hammond's second Spring Statement was delivered against a backdrop of political turmoil.

2019 Spring Statement - the political reaction

13 Mar 2019

Chancellor Philip Hammond delivered the 2019 Spring Statement to the House of Commons, and stated that the UK economy had 'reached a turning point'.

2019 Spring Statement - the business reaction

13 Mar 2019

Business groups have responded to Chancellor Philip Hammond's Spring Statement speech.

2019 Spring Statement - the economic picture

13 Mar 2019

In his Spring Statement speech, Chancellor Philip Hammond responded to the latest forecasts as published by the Office for Budget Responsibility (OBR).

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