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Business News

UK fast becoming cashless, says report

The UK will become a cashless society within the next 15 years unless the government takes action, according to the Access to Cash Review. The Review, which published its final…

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20/02/2020
Business News

NAO finds tax reliefs cost UK £155 billion per year

Research carried out by the National Audit Office (NAO) has found that UK tax reliefs cost £155 billion per year. The NAO identified 362 'tax expenditures'. It classes these expenditures…

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19/02/2020
Business News

Low take-up of TFC linked to poor understanding of scheme

Research commissioned by HMRC has suggested that low take-up of the Tax-Free Childcare (TFC) scheme is linked to a 'poor understanding' of the initiative. Under the TFC scheme, relief is…

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18/02/2020
Business News

Small landlords exiting buy-to-let market

Smaller landlords are exiting the buy-to-let market following cuts to tax relief, according to research from estate agency Hamptons International. The research found that the number of landlords operating in…

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17/02/2020
Business News

Rishi Sunak appointed as new Chancellor

Rishi Sunak has been appointed as Chancellor of the Exchequer following the surprise resignation of Sajid Javid on 13 February. Former Home Secretary Sajid Javid was appointed Chancellor by Boris…

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14/02/2020
Business News

Flat growth ‘should be a warning to government’ ahead of Budget, states FSB

The Federation of Small Businesses (FSB) has stated that flat economic growth should serve as a wake-up call to the government ahead of the 2020 Budget. The FSB said that…

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13/02/2020
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