Business News

First-time homebuyers 'saved £426 million' as result of changes to stamp duty

22 Nov 2018

Data published by HMRC has revealed that first-time homebuyers have collectively 'saved £426 million' as a result of changes to Stamp Duty Land Tax (SDLT).

Statistics reveal 'sugar tax' has generated £153 million for HMRC

21 Nov 2018

Data has revealed that the Soft Drinks Industry Levy generated £153.8 million for HMRC in the year-to-date, up to the end of October.

Older employees 'would welcome flexible working', survey suggests

20 Nov 2018

A survey carried out on behalf of the Department for Business, Energy and Industrial Strategy (BEIS) has found that the majority of workers aged over 50 would 'welcome more flexibility' in the workplace.

Official data reveals wages have risen 'at fastest pace in a decade'

19 Nov 2018

Data published by the Office for National Statistics (ONS) has revealed that wages rose at the fastest pace in almost a decade in the three months to September.

Self-employed individuals 'would back plans to expand pensions auto-enrolment'

16 Nov 2018

A survey carried out by insurance firm Prudential has suggested that over half of self-employed workers would back plans to expand pensions auto-enrolment, or make pension saving compulsory.

Business groups react to draft Brexit deal

15 Nov 2018

Business groups have reacted to the government's draft Brexit deal with the EU.

Government urges small businesses to utilise broadband vouchers

14 Nov 2018

The government is urging small businesses to make use of so-called 'broadband vouchers', which are worth £2,500.

Committee launches inquiry into banks' treatment of vulnerable customers

13 Nov 2018

The Treasury Committee has launched a new inquiry into whether UK banks are doing enough to help vulnerable customers.

Restricted access to finance 'holding back UK economy', FSB warns

12 Nov 2018

The Federation of Small Businesses (FSB) has warned that UK economic growth is being 'restricted' by limited access to alternative finance options for small businesses.

HMRC sends MTD for VAT communications to affected businesses

09 Nov 2018

HMRC recently started to send out so-called 'encouragement letters' to businesses within the scope of Making Tax Digital for VAT (MTD for VAT).

Prime Minister establishes five 'Brexit business councils'

08 Nov 2018

Prime Minister Theresa May has created five new 'Brexit business councils', which will provide UK firms with advice and support in regard to creating the 'best business conditions' post-Brexit.

Government unveils changes to probate fees

07 Nov 2018

The government has unveiled significant changes to probate fees, which could result in owners of high-value properties paying nearly £6,000 more.

HMRC delays reform of late payment penalty regime

06 Nov 2018

HMRC has further delayed the planned reform of the late payment penalty regime.

ONS data reveals gender pay gap has fallen to its 'lowest level yet'

05 Nov 2018

Data published by the Office for National Statistics (ONS) has revealed that the gender pay gap has fallen to its 'lowest level yet'.

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