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Business News

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Business News

82% of VAT registered businesses are still unaware of MTD deadline

Although there is less than a month until the roll out of the Making Tax Digital (MTD) for VAT extension, 82% of eligible businesses are unaware of the approaching deadline,…

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09/03/2022
Business News

FSB calls for relief for small employers in Spring Statement

The Federation of Small Businesses (FSB) has urged Chancellor Rishi Sunak to use the upcoming Spring Statement to help small employers with 'spiralling overheads'. The business group has recommended an…

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08/03/2022
Business News

HMRC collects £30.8 billion through tax probes

The total revenue generated from HMRC's tax investigations increased to £30.8 billion during 2021, according to research by law firm Pinsent Masons. The figure is up £1.2 billion from 2020…

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07/03/2022
Business News

SSP Rebate Scheme set to close in March

The Statutory Sick Pay Rebate Scheme (SSPRS) will close on 17 March 2022. The SSPRS was reintroduced by the government on 21 December 2021 for employers with fewer than 250…

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04/03/2022
Business News

Over a million take advantage of extra time to file self assessment returns

HMRC has revealed that more than one million taxpayers filed their late tax returns in February – taking advantage of the extra time to complete their self assessment without facing…

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03/03/2022
Business News

Manufacturers call for delay to NIC increase

Manufacturing trade body Make UK has called for Chancellor Rishi Sunak to delay the planned 1.25% rise in national insurance contributions (NICs). Make UK, which represents 20,000 firms of all…

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02/03/2022
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