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.
HMRC seeks to remove VAT repayment supplement
Tax body warns of potentially ‘devastating’ impact on VAT-registered businesses’ cashflow.Government borrowing surpasses £30bn in April
The data comes from a joint ONS-Treasury report.OTS urges reform to capital gains reporting system
It suggests replacing the three main reporting systems.Funds for regulators to help innovative businesses are now open
Applicants can claim up to £200,000 per project.Calls for the Government to protect umbrella company workers
Some companies are accused of failing in their obligations.Inflation increases to 1.6%
It is a return to pre-pandemic inflation levels.Unemployment decreases by 0.9%
The employment rate remains below pre-pandemic levels.DWP rejects keeping £20 universal credit uplift
The Chancellor extended the increase by six months.NIC bill introduced to Parliament
It includes a range of NIC relief for employers.Working-from-home tax relief available for 2021/22
More than 550,000 workers have already claimed.
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