Business News

This section contains the latest business news stories.

16 Jul

HMRC urges firms to register for MTD for VAT before August

HMRC is urging businesses to register for Making Tax Digital for VAT (MTD for VAT) before the 7 August VAT filing date.

15 Jul

Research suggests women 'save just a third of amount men do' for retirement

Research carried out by the Pensions Policy Institute (PPI) has suggested that, by the time they come to retire, women have saved just a third of the amount that men have for later life.

12 Jul

Government publishes Finance Bill 2019-20 draft legislation

The government has published draft legislation for Finance Bill 2019-20.

11 Jul

OTS outlines alterations to IHT system

In a new report, the Office of Tax Simplification (OTS) has outlined a series of recommendations designed to 'simplify the UK's inheritance tax (IHT) system'.

10 Jul

UK corruption risks are 'significantly underestimated', Fraud Advisory Panel cautions

A focus on overseas bribery means UK officials are 'underestimating the risk of corruption at home', the Fraud Advisory Panel (FAP) has cautioned in a new report.

09 Jul

Brexit uncertainty 'crippling UK business investment', warns CBI

The continuing uncertainty surrounding Brexit is 'crippling UK business investment', the Confederation of British Industry (CBI) has warned.

08 Jul

FSB states small businesses 'incurring mammoth costs' as result of business crime

The Federation of Small Businesses (FSB) has stated that small firms are incurring costs of nearly £17 billion each year as a result of so-called 'business crime'.

05 Jul

TPR issues pension scheme warning to savers

Pension savers should check that their scheme is not underperforming, the Pensions Regulator (TPR) has warned.

04 Jul

Many working parents eligible for tax-free childcare this summer

Working parents could ease this summer's childcare costs by using a Tax-Free Childcare (TFC) account that's worth up to £2,000 a year for each child.

03 Jul

Economic growth 'stalling', BCC warns

The British Chambers of Commerce (BCC) has warned that UK economic growth is 'stalling' amid a 'manufacturing slowdown'.

02 Jul

Survey finds business leaders 'committed to tackling climate change'

A survey carried out by the Institute of Directors (IoD) and the Chartered Management Institute (CMI) has suggested that business leaders are 'committed to combating climate change'.

01 Jul

MPs condemn HMRC for long helpline wait times

MPs have criticised HMRC for the long wait times experienced by taxpayers looking to get through to VAT helplines.

28 Jun

UK tax gap 'remains low'

New data published by the government has revealed that the UK tax gap for 2017/18 stands at 5.6%, meaning that HMRC collected 94.4% of tax due in 2017/18.

27 Jun

Significant number of small firms experienced a cyber-attack in last year, data reveals

Data published by insurer Hiscox has revealed that 61% of UK small firms have experienced a debilitating cyber-attack in the last year.

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