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Business News

Chancellor must make huge judgment call at Spring Statement, says IFS

Chancellor Rishi Sunak must make a huge judgement call on government spending and borrowing at this month's Spring Statement, the Institute for Fiscal Studies (IFS) said. The Chancellor's Spring Statement,…

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11/03/2022
Business News

Student loan repayments to start at £25,000

The level at which students begin to pay back their loans will be lowered from £27,295 to £25,000. From September 2023, the interest rate on student loans will also be…

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10/03/2022
Business News

82% of VAT registered businesses are still unaware of MTD deadline

Although there is less than a month until the roll out of the Making Tax Digital (MTD) for VAT extension, 82% of eligible businesses are unaware of the approaching deadline,…

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09/03/2022
Business News

FSB calls for relief for small employers in Spring Statement

The Federation of Small Businesses (FSB) has urged Chancellor Rishi Sunak to use the upcoming Spring Statement to help small employers with 'spiralling overheads'. The business group has recommended an…

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08/03/2022
Business News

HMRC collects £30.8 billion through tax probes

The total revenue generated from HMRC's tax investigations increased to £30.8 billion during 2021, according to research by law firm Pinsent Masons. The figure is up £1.2 billion from 2020…

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07/03/2022
Business News

SSP Rebate Scheme set to close in March

The Statutory Sick Pay Rebate Scheme (SSPRS) will close on 17 March 2022. The SSPRS was reintroduced by the government on 21 December 2021 for employers with fewer than 250…

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04/03/2022
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