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Business News

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Business News

LITRG calls for rise in High Income Child Benefit Charge threshold

The Low Incomes Tax Reform Group (LITRG) has urged the government to raise the High Income Child Benefit Charge (HICBC) threshold to avoid it affecting basic-rate taxpayers for the first…

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25/01/2021
Business News

Nine million people borrowed more in 2020 as result of COVID-19 pandemic

Almost nine million people had to borrow more money in 2020 as a result of the coronavirus (COVID-19) pandemic, data published by the Office for National Statistics (ONS) has revealed.…

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22/01/2021
Business News

One in three blocked from paying with cash during pandemic

Over a third of UK consumers have been blocked from paying for goods with cash during the coronavirus (COVID-19) pandemic, according to research from consumer group Which?. Which? surveyed more…

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21/01/2021
Business News

Big businesses must pay small suppliers more quickly under changes to PPC

Large businesses must now pay their smaller suppliers more quickly under changes to the UK's Prompt Payment Code (PPC). Big businesses signed up to the PPC must pay small firms…

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20/01/2021
Business News

CBI urges government to ‘act on COVID business support’ ahead of Budget

Ahead of the 2021 Budget in March, the Confederation of British Industry (CBI) has urged the government to provide more financial assistance to businesses affected by the coronavirus (COVID-19) pandemic.…

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19/01/2021
Business News

Supreme Court backs small firms on business interruption claims

The UK's Supreme Court has found in favour of small firms receiving payments from coronavirus (COVID-19) business interruption insurance policies. The test case was brought against insurers by the Financial…

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18/01/2021
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