Reports of scam HMRC phone calls have fallen by 97% over the last 12 months, according to the latest figures from the tax authority.
The government's Help to Grow: Digital scheme - designed to support smaller businesses in adopting digital technologies - has opened for applications.
A study carried out by insurer Simply Business has found that 82% of business owners suffered from poor mental health during the coronavirus (COVID-19) pandemic.
HMRC expects to recover only a quarter of the total £5.8 billion lost to fraudulent claims and mistaken payments from the coronavirus (COVID-19) support schemes.
The cost of living rose at its fastest pace in nearly 30 years in the year to December, according to the latest figures from the Office for National Statistics (ONS).
Creating an official digital currency in the UK could pose significant risks to banks, a House of Lords committee has warned.
Consumer group Which? has urged taxpayers to avoid using so-called 'refund firms' to claim tax rebates.
The government has launched a consultation on the framework for rolling out the 15% global minimum tax on profits which will be payable by the largest multinationals from 2023.
HMRC has warned that businesses must declare any coronavirus (COVID-19) support grants or payments on their company tax returns and stated that the grants and payments are taxable.
The Treasury's decision to freeze income tax thresholds will drag over one million people into the higher rate tax band over the next four years, according to research commissioned by the Liberal Democrats.
Research published by Nucleus Commercial Finance has revealed that over half of small and medium-sized enterprises (SMEs) in the UK are confused about the government's plans to 'level up' the country.
HMRC's Fraud Investigation Service (FIS) has now recovered more than £1 billion from proceeds of crime and tax offenders.
HMRC is waiving late filing and late payment penalties for self assessment taxpayers for one month.
The British Chambers of Commerce (BCC) has warned that businesses are facing 'unprecedented cost pressures', with inflation predicted to surge.
HMRC has revealed that 2,828 customers filed their self assessment tax return on Christmas Day, compared to 2,700 in 2020.
More than 440,000 small firms could be forced out of business by the late payment crisis, according to the Federation of Small Businesses (FSB).
With 2022 just around the corner, you may wish to consider creating some financial New Year's resolutions to ensure that you remain on course for a successful and profitable year ahead.
The deadline for submitting your 2020/21 self assessment tax return is midnight on 31 January 2022.
With the festive period underway, businesses are advised to be prepared for adverse weather conditions during the winter months.
A study carried out by insurance provider Simply Business has suggested that one in five small businesses in the UK rely on Christmas sales to survive.
An agreement has been reached between the major retail banks to share services, ensuring long-term cash availability across the UK.
Chancellor Rishi Sunak has unveiled a £1 billion support fund for businesses, which includes cash grants of up to £6,000 per premises for each eligible firm.
On 20 December, the Welsh government outlined a Budget to 'build a stronger, fairer and greener Wales'.
The government must move quickly to restore confidence amid the rapid spread of the Omicron variant of the coronavirus (COVID-19), says the Confederation of British Industry (CBI).
The Bank of England has raised interest rates for the first time in more than three years in response to calls to tackle surging price rises.
HMRC has reminded self assessment taxpayers to declare any coronavirus (COVID-19) grant payments on their 2020/21 tax return.
HMRC's self-service Time to Pay payment plan has raised £46 million since April this year, according to the tax authority's data.
The Bank of England (BoE) has warned that fast-growing cryptocurrency assets could endanger the UK's financial system.
Following COP26, the Climate Change Committee (CCC) has urged the government to introduce a higher tax on household gas.
The Financial Conduct Authority (FCA) is set to introduce a new consumer duty to better protect users of financial services.
New restrictions in England aimed at limiting the spread of the Omicron variant of Covid-19 are a 'setback for businesses' the Confederation of British Industry (CBI) has warned.
The UK's economy will grow more slowly than previously expected, according to the latest data from the Confederation of British Industry (CBI).
A report published by the Institute for Fiscal Studies (IFS) has suggested that the gender pay gap 'has barely shifted' in the past 25 years.
A typical UK family will spend £1,700 more per year on household costs in 2022, according to a forecast for BBC Panorama.
Banks and building societies have been urged to consider changes to lending criteria to help so-called 'mortgage prisoners'.
As part of its Tax Administration and Maintenance (TAM) Day, the government responded to a two-part review of capital gains tax (CGT) published by the Office of Tax Simplification (OTS).
The UK government has marked the inaugural Tax Administration and Maintenance (TAM) Day with the release of 30 papers covering a wide range of tax issues.
Here is our weekly round up of last week's news for business. To read more head to our website!… https://t.co/GZ8b5q45LZ
1 days ago
Fantastic article in the Exmouth Journal about the hard work of Plastic Free Exmouth. Well done to all involved! W… https://t.co/THIZjQVKA4
4 days ago
Here is our weekly round up of last week's news for business. To read more head to our website!… https://t.co/40vh34vbP1
7 days ago
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The Autumn budget, alongside a spending review, will take place on 27 October 2021. This will be the Chancellor’s third budget and the second for this year. It comes during a time of extraordinary economic disruption and increasing doubts over interest rates and inflation.
29th September 2021
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