Business News

2021 Autumn Budget ? what to expect

27 Oct 2021

Chancellor Rishi Sunak will deliver the 2021 Autumn Budget speech today at 12:30pm. We will keep you up to date on the key Budget announcements and supply a full summary, which will appear on our website tomorrow morning.

CBI urges government not to introduce business tax rises

26 Oct 2021

The Confederation of British Industry (CBI) has warned the government against introducing new business tax rises in this week's Autumn Budget.

'Bank of mum and dad' financing half of first-time purchases, research finds

25 Oct 2021

Research carried out by property group Savills has found that half of first-time buyer home purchases are financed by the so-called 'bank of mum and dad'.

Manufacturing activity remains firm, but supply pressures mount, says CBI

22 Oct 2021

UK manufacturing output volumes in the quarter to October grew at a similarly firm pace to September, according to the Confederation of British Industry (CBI).

FSB study shows small firms losing £25 billion per year to tax admin

21 Oct 2021

A study carried out by the Federation of Small Businesses (FSB) has showed that small firms are losing £25 billion per year as compliance costs and time lost to dealing with tax admin soar.

Heat pump grants worth £5,000 to help replace gas boilers

20 Oct 2021

Homeowners in England and Wales will be offered subsidies of £5,000 from next April to help them to replace old gas boilers with low carbon heat pumps.

Pensions experts say a minimum of £10,900 a year needed to retire

19 Oct 2021

A single person will need post-tax annual income of £10,900 for a minimum standard of living in retirement, according to the Pensions and Lifetime Savings Association (PLSA).

Applications now open for freeports

18 Oct 2021

Businesses that are planning to operate in the UK's new freeports can now apply to HMRC.

Over 40 trade associations back statement on business rate reform

15 Oct 2021

A joint statement issued by 41 of the UK's trade associations has called on the government to reform business rates in order to help unlock green investment.

Deadline for 2020/21 self assessment tax returns approaching

14 Oct 2021

HMRC has reminded self assessment taxpayers that the deadlines for filing 2020/21 tax returns are now approaching.

Chancellor has 'little room for manoeuvre' in the Budget

13 Oct 2021

Chancellor Rishi Sunak will have 'little room for manoeuvre' in this month's Budget and Spending Review, according to the Institute for Fiscal Studies (IFS).

ICAEW calls for Autumn Budget to 'accelerate work to build modern tax system'

12 Oct 2021

The Tax Faculty at the Institute of Chartered Accountants in England and Wales (ICAEW) has urged the government to use the upcoming Autumn Budget to help accelerate work on building a modern UK tax system.

Three in ten firms to employ fewer people as result of NIC increase, IoD finds

11 Oct 2021

A survey carried out by the Institute of Directors (IoD) has found that three in ten businesses plan on employing fewer people as a result of the increase in national insurance contributions (NICs).

Business groups warn that fragile economy is on shaky ground

08 Oct 2021

Business groups have warned Prime Minster Boris Johnson that the UK economy is fragile and the recovery from the coronavirus (COVID-19) pandemic remains on shaky ground.

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