Business news
Every working day, we’ll publish one story on the hottest tax, business or personal finance developments. From mortgages to inheritance tax, from Making Tax Digital to IR35, if there’s something occurring that will effect our clients, we want to make sure they know about it without having to wade through government papers or press releases. If you want to know more about the implications of any of these stories on your financial situation, get in touch – we’re always happy to talk.
UK GDP grew by 0.8% in January 2022
Economy bounced back at turn of year in the UK.Govt. introduces £150 million loan scheme
Loans of up to £2m available for innovative businesses.One week until COVID-19 sick pay scheme closes
Claims can be made until 24 March 2022.BCC: UK economic growth to halve in 2022
Expected GDP growth cut from 4.2% to 3.6%.House of Commons passes Economic Crime Bill
Legislation would create a register of overseas company owners.4 in 5 VAT registered businesses unaware of MTD for VAT
Just 29% know how to become MTD compliant.Savers say £22,500 is ideal retirement income
Ideal income equates to a moderate living standard.IHT receipts up £0.7bn
Increase attributed to COVID-19 and rising house prices.Government considers new online sales tax
Tax on internet sales would be used to reduce business rates.House of Lords and NAO raise concerns with IR35
New reports highlight risks and challenges for HMRC.
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