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Business News

Business groups welcome new Prime Minister with requests for immediate action

The UK's business groups have congratulated Liz Truss on becoming the UK's new Prime Minister and have asked her to provide immediate support to help their members through the ongoing…

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06/09/2022
Business News

New PM must act as UK economy set for recession this year

With the UK economy set to slip into recession this year, the British Chambers of Commerce (BCC) has warned that the new Prime Minster will need to take immediate action…

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05/09/2022
Business News

UK facing ‘deepest squeeze on living standards in a century’

Real household disposable incomes in the UK are on course to fall by 10% over this year and next, representing the deepest living standards squeeze in a century, according to…

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02/09/2022
Business News

CIOT outlines three strategies for improving UK tax system

The Chartered Institute of Taxation (CIOT) has outlined three 'strategic priorities' designed to help the new Prime Minister improve the UK tax system. In letters addressed to Conservative Party leadership…

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01/09/2022
Business News

HMRC releases more details on MTD for Income Tax

HMRC has published more details on how Making Tax Digital for Income Tax (MTD for IT) will work for buy-to-let landlords and sole traders with qualifying income over £10,000. The…

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31/08/2022
Business News

Child Benefit claims for 16 to 19-year-olds must be updated this month

HMRC has reminded parents and carers of 16 to 19-year-olds that they have until 31 August to confirm whether their teenager is staying in full-time education or approved training. The…

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30/08/2022
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