The Chancellor’s Spring Statement has attracted a mixed reaction, with some tax changes going ahead, some promised later and a hoped for move on VAT in the hospitality sector not appearing.
Large number of businesses looking to recruit more staff
It is perhaps a sign of confidence returning to the UK economy that a significant number of British businesses believe they will be recruiting staff over the coming year.
Industry leader says economy will be hit by removal of diesel rebate
The removal of the red diesel rebate in April will have a major impact on the economy, a leading construction business organisation has claimed, and called for the measure to be deferred.
Several UK hospitality firms refuse to serve Russian products
In response to the devastating events happening in Ukraine, several groups in the UK hospitality sector are refusing to serve Russian products, which mainly consists of Russian vodka.
HMRC to close helplines one day a week to clear backlog
VAT and Corporation Tax helplines at HM Revenue & Customs (HMRC) will close for one day a week to help clear the backlog built up during the COVID-19 pandemic. Continue reading
Marriage allowance and how you can save on your tax bill
The Beatles sang about All You Need is Love, but in a week that includes Valentine’s Day, that love could come in the form of tax relief through Marriage Allowance.
Hidden charges alert as 2.3 million miss Self-Assessment deadline
To many taxpayers, it must seem like the ongoing effects of the pandemic are an endless nightmare of tax deadlines, after the endless nightmare of lockdowns.
What the Government’s Levelling Up White Paper means for businesses
Every part of England will be given “London-style” powers and a mayor in a bid to level up the nation, it has been announced.
Employers need to check out bank holiday entitlement for Queen’s jubilee
Everyone loves a bit of a knees-up and this year the Queen celebrates her Platinum Jubilee. So, it’s time to break out the party hats as an extra bank holiday has been granted to mark the celebrations.
Consultation on global minimum corporation tax for large multinationals
The Government has launched a consultation on how a worldwide 15 per cent minimum corporation tax can be implemented domestically, in a move designed to tackle avoidance and ensure a more level playing field for UK businesses.