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The British Business Bank (BBB) was supporting £12.2 billion of lending to over 96,000 businesses at the end of March 2022, according to its annual report.

As part of its role in reducing…

The UK's Digital Services Tax (DST) raised £358 million from large digital businesses in the 2020/21 tax year, according to data published by the National Audit Office (NAO).

The DST was introduced…

The Mortgage Guarantee Scheme will be extended by a year to the end of December 2023, helping people with 5% deposits on to the property ladder, the UK government has announced.

Under the…

New company car advisory fuel rates have been published and took effect from 1 March 2023.

The guidance states: 'you can use the previous rates for up to one month from the date the new…

HMRC has revised interest rates with late payment bills charged 6.75% from 13 April, the highest level since January 2008.

The late payment and repayment interest rates follow the rise in…

Businesses are still facing major difficulties in hiring new staff, according to a survey conducted by the British Chambers of Commerce (BCC).

The latest Quarterly Recruitment Outlook (QRO),…

HMRC is urging employed workers to make sure they don't miss out when they claim a refund on work-related expenses.

More than 800,000 taxpayers claimed refunds for work expenses during the…

The voluntary and community sector will be able to apply for grants from HMRC to support their work with taxpayers who need extra assistance with their tax affairs.

Eligible organisations…

New company car advisory fuel rates have been published and took effect from 1 September 2023.

The guidance states: 'you can use the previous rates for up to one month from the date the…