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Business News

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Business News

More than three million still to file self assessment returns

Over three million self assessment taxpayers are yet to file their tax return despite there being less than a week until the deadline, according to HMRC. More than 12 million…

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26/01/2023
Business News

Tax receipts total £553 billion, HMRC data reveals

Data published by HMRC has revealed that tax receipts for April 2022 to December 2022 total £553.2 billion – £48 billion higher when compared to the same period a year earlier.…

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25/01/2023
Business News

Large cost-of-living gap between rich and poor households persists, think tank warns

Think tank the Resolution Foundation has found that a large cost-of-living gap between rich and poor households remains despite inflation continuing to ease. In response to data published by the…

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24/01/2023
Business News

BCC warns SME exporters ‘under tightening pressure’

The British Chambers of Commerce (BCC) has warned that small and medium-sized enterprises (SMEs) that export are facing 'tightening pressure' as a result of decreasing export sales. The BCC's quarterly…

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23/01/2023
Business News

HMRC introduces automated text system to help with self assessment queries

HMRC is trialing an automated answer-by-text system to help individuals with self assessment queries. From 19 January, those who need to locate their Unique Tracking Taxpayer Reference (UTR) number, register…

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20/01/2023
Business News

Inflation passed its peak, but cost-of-living crisis continues, says CBI

The rate of inflation may now have peaked but the cost-of-living crisis continues to put pressure on businesses and households, says the Confederation of British Industry (CBI). December saw the…

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19/01/2023
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