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Business News

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Business News

Treasury figures reveal 14% increase in IHT receipts

Data published by the Treasury has revealed that there was a 14%, or £729 million, increase in inheritance tax (IHT) receipts received by HMRC between the financial years 2020/21 and…

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29/07/2022
Business News

IMF warns UK is set for slowest rate of growth of G7 countries

The International Monetary Fund (IMF) has warned that the UK faces the slowest rate of growth in the G7 next year. The IMF predicts that UK economic growth will fall…

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28/07/2022
Business News

New ICAEW CPD policy set to take effect from November 2023

The Institute of Chartered Accountants in England and Wales (ICAEW) has announced that in November 2023, it will introduce a new Continuing Professional Development (CPD) policy, which will mark a…

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27/07/2022
Business News

R&D tax credit criteria set to be subject to greater scrutiny

Draft legislation published recently by HMRC outlines a number of changes to the administrative steps associated with claiming Research and Development (R&D) tax credits. According to the government, the changes…

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26/07/2022
Business News

Insurer warns of rise in fraudulent claims amid cost-of-living crisis

Insurer Zurich UK has stated that there has been a significant increase in the number of fraudulent claims as a result of the cost-of-living crisis. Zurich found that between 1…

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25/07/2022
Business News

UK consumers supporting small businesses despite rising prices

Over three quarters of UK consumers are still shopping with small businesses despite the cost-of-living price rises, according to research conducted by price comparison site GoCompare. Two thirds of consumers…

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22/07/2022
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