Business News

12 Apr 2024

Only five MTD for ITSA software products ready for testing

The Institute of Chartered Accountants in England and Wales (ICAEW) has warned that just five Making Tax Digital for income tax self assessment (MTD for ITSA) software products are ready for beta testing on 22 April.

11 Apr 2024

More than seven million adults still struggling to pay bills, finds FCA

Around 7.4 million people in the UK struggled to pay a bill or a credit repayment in January, according to the Financial Conduct Authority (FCA).

10 Apr 2024

IR35 reforms taking their toll on skilled contractors

One in ten highly skilled freelancers are currently out of work due to the impact of reforms to IR35 tax legislation, according to research published by the Association of Independent Professionals and the Self-Employed (IPSE).

09 Apr 2024

PAC challenges HMRC on governance and accountability of MTD

The Public Accounts Committee (PAC) has challenged HMRC on the governance and accountability of the Making Tax Digital (MTD) initiative.

08 Apr 2024

Accessing finance getting more difficult for SMEs

Accessing finance is becoming more difficult for a large number of small and medium-sized enterprises (SMEs), according to new data from the British Chambers of Commerce (BCC).

05 Apr 2024

Government urged to reform Landfill Tax

Think tank Localis has urged the government to reform Landfill Tax to help cut down on waste crime and illegal activity by organised gangs.

04 Apr 2024

Government urged to implement reforms to R&D tax system

A report by the Suffolk Chamber of Commerce has urged the government to urgently implement reforms to Research and Development (R&D) tax relief in order to avoid 'hurting small companies'.

03 Apr 2024

1.6 million pensioners expected to fall into income tax net, according to research

An analysis by the House of Commons library has revealed that up to 1.6 million pensioners are expected to fall into the income tax net in the next four years.

02 Apr 2024

Research suggests SMEs are 'bracing' themselves for tough months ahead

Research carried out by Prism Solutions has suggested that UK small and medium-sized enterprises (SMEs) are bracing themselves for a 'tough few months' ahead.

28 Mar 2024

AI could replace up to 8 million UK jobs, warns report

Up to eight million UK jobs are at risk from the rise of artificial intelligence (AI), according to a report by the Institute for Public Policy Research (IPPR).

27 Mar 2024

NMW is the 'single most successful economic policy in a generation', says think tank

The introduction of the UK's National Minimum Wage (NMW) in 1999 is the single most successful economic policy in a generation, according to the Resolution Foundation.

26 Mar 2024

HMRC's services having a negative impact on SME productivity

The productivity and efficiency of SMEs is suffering as a result of poor HMRC services, according to members of the Association of Chartered Certified Accountants (ACCA).

25 Mar 2024

Small businesses still hampered by late payments, warns FSB

Small UK firms are still being hampered by late payments, warns the Federation of Small Businesses (FSB).

22 Mar 2024

Interest rate decision prolongs uncertainty for firms, warns BCC

The Bank of England's decision to hold interest rates at 5.25% prolongs the period of uncertainty for firms, warns the British Chambers of Commerce (BCC).

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