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Business News

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Business News

UK partners and sole traders face bigger tax bills in 2022

Sole traders and partners are likely to face bigger tax bills than expected next year after a government proposal to change the date certain businesses report their profits, the Institute…

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12/08/2021
Business News

Almost 1.8 million couples claiming marriage allowance

Nearly 1.8 million married couples and those in civil partnerships are using the Marriage Allowance to save up to £252 a year in income tax, according to HMRC. Marriage Allowance…

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11/08/2021
Business News

Only 11% of businesses are measuring their carbon footprint

Just 11% of UK businesses are measuring their carbon footprint, according to the findings of a survey conducted by the British Chambers of Commerce (BCC). The research also showed only…

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10/08/2021
Business News

Employers ‘named and shamed’ for paying less than minimum wage

The government has 'named and shamed' 191 companies that have broken national minimum wage laws. Following investigations by HMRC, the named firms have been fined for owing £2.1 million to…

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09/08/2021
Business News

Digital marketplaces to report sellers’ incomes from 2023, HMRC confirms

HMRC has published a consultation which outlines plans to implement reporting rules for digital platforms first put forward by the Organisation for Economic Co-operation and Development (OECD). In February 2020…

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06/08/2021
Business News

SME manufacturing activity grew at record pace, CBI survey reveals

A survey carried out by the Confederation of British Industry (CBI) has revealed that manufacturing output amongst small and medium-sized enterprises (SMEs) grew at the fastest pace on record in…

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05/08/2021
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