HMRC advises VAT-registered businesses to plan for potential no-deal Brexit 22nd August 2019 HMRC has written to 145,000 VAT-registered businesses that only trade with the EU, advising them to plan ahead for a potential no-deal Brexit. The letters outline... UK manufacturing output ‘stabilised in three months to August’, CBI finds 21st August 2019 Manufacturing output in the UK stabilised in the three months to August, according to data published by the Confederation of British Industry (CBI). The CBI’s... Think tank urges government to use tax system to combat air pollution 20th August 2019 In a new report, think tank Bright Blue has called for the government to use the UK tax system to help combat the problem of air pollution. Bright Blue has outlined... Chancellor states stamp duty liability won’t be shifted to property sellers 19th August 2019 Chancellor Sajid Javid has stated that he has ‘no plans’ to shift liability to pay stamp duty from house buyers to house sellers. Stamp Duty Land Tax... BRC urges Chancellor to take action on business rates 16th August 2019 The British Retail Consortium (BRC) has called for Chancellor Sajid Javid to ‘take action’ on business rates. More than 50 retailers have signed a joint... Four in ten SMEs ‘increasing prices as result of higher wages’ 15th August 2019 A report published by the Federation of Small Businesses (FSB) has suggested that four in ten small firms are having to increase their prices as a direct result... MPs call for review of HMRC loan charge 14th August 2019 MPs are calling for an independent review of HMRC’s controversial loan charge, which came into effect earlier this year. In a letter to Chancellor Sajid Javid,... Government fast-tracks Spending Review to give ‘financial clarity’ on Brexit 13th August 2019 Chancellor Sajid Javid has announced that a one-year Spending Review will be carried out in September, in order to provide government departments with ‘financial... Campaigners urge government to introduce ‘calorie tax' 12th August 2019 Campaigners have urged the government to introduce a so-called ‘calorie tax’ on processed foods. Campaign groups Action on Sugar and Action on Salt... UK digital businesses ‘struggle with complexity of tax compliance’ 9th August 2019 Research carried out by HMRC has revealed that UK digital businesses ‘struggle with the complexity of tax requirements’. Market research company Ipsos... Government seeking to end NHS pensions row 8th August 2019 The government is set to change pensions rules as it aims to end a row with NHS doctors. Doctors have recently been refusing overtime shifts after being hit with... Cyber-attacks on small businesses cost £4.5 billion, according to research 7th August 2019 The annual cost of cyber-attacks on UK small businesses is £4.5 billion, according to research conducted by the Federation of Small Businesses (FSB). One in... ICAEW calls for Prime Minister to tackle ‘late payments crisis’ 6th August 2019 The Institute of Chartered Accountants in England and Wales (ICAEW) has urged Prime Minister Boris Johnson to combat the UK’s ‘late payments crisis’. According... Insolvency figures reach new high 5th August 2019 The number of company insolvencies in England and Wales has risen to its highest level in five years, according to the latest data from the Insolvency Service. 4,321... CIOT, IFS and IfG urge Chancellor to ‘take a new approach to making tax policy' 2nd August 2019 The Chartered Institute of Taxation (CIOT), the Institute for Fiscal Studies (IFS) and the Institute for Government (IfG) have urged Chancellor Sajid Javid to ‘take... Pensions regulator launches consultation on investment governance 1st August 2019 Pension scheme trustees and advisers are being given the chance to have their say on new rules for investment governance. The Pensions Regulator (TPR) has launched... New OTS project aims to explore simplifying tax reporting for the self-employed 31st July 2019 The Office of Tax Simplification (OTS) has launched a new project, which aims to explore how tax reporting and payment arrangements for self-employed people can... Report suggests neither UK nor EU ready for no-deal Brexit 30th July 2019 A new report published by the Confederation of British Industry (CBI) has suggested that neither the UK nor the EU are prepared to handle a no-deal Brexit scenario. The... FMB urges government to delay ‘disruptive’ VAT changes 29th July 2019 The Federation of Master Builders (FMB) has urged the government to delay ‘disruptive’ VAT changes in order to ‘avoid construction chaos’. The... TPR warns changing name of a business ‘doesn’t change pensions duties’ 26th July 2019 The Pensions Regulator (TPR) has warned businesses that they cannot dodge their workplace pension responsibilities by changing their company name. According to... Government set to implement ‘plastic packaging tax’ in 2022 25th July 2019 The government is set to introduce its so-called ‘plastic packaging tax’ in 2022. According to the government, plastic packaging accounts for 44% of... Government aiming to simplify VAT on capital goods scheme 24th July 2019 The UK government has launched a consultation that aims to simplify VAT on capital assets in order to ‘reduce the administrative burden of the capital goods... UK economy ‘may have already entered recession’ 23rd July 2019 There is a one-in-four chance that the UK economy has already ‘stalled and entered recession’, according to research carried out by the National Institute...
