Chancellor refuses to rule out CGT rise
07 Aug 2024 Chancellor Rachel Reeves has refused to rule out an increase in capital gains tax (CGT) at the Autumn Budget in October. Ms Reeves said that it is…
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10/07/2025
HMRC late payment interest cut by 0.25%
08 Aug 2024 HMRC will reduce late payment and repayment interest rates following the cut to the base rate. The Bank of England cut the base rate to 5.0% on…
10/07/2025
More than 110,000 small firms ‘at risk of bankruptcy’
09 Aug 2024 Over 110,000 small businesses in the UK are at risk of bankruptcy, according to research carried out by card payment processor Dojo. According to the research, a…
10/07/2025
Government contracts ‘out of reach’ for SMEs, business group warns
12 Aug 2024 The British Chambers of Commerce (BCC) has revealed that only 20% of direct public sector procurement spend was with small and medium-sized enterprises (SMEs) in 2023. £39.7…
10/07/2025
£19 billion in unpaid taxes ‘unlikely to be recovered’
13 Aug 2024 HMRC has stated that it is 'unlikely to recover' over £19 billion in unpaid taxes, which have accumulated as as a result of uncollected tax debt and…
10/07/2025
Rate of inflation rises for first time this year
14 Aug 2024 The UK rate of inflation has risen for the first time in 2024, official data has revealed. Prices increased by 2.2% in the year to July, data…
10/07/2025
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