UK businesses anticipate growth in exports

A significant number of UK businesses that trade internationally expect to see an increase in their exports over the coming year, according to an Institute of Directors (IoD) survey.

The survey…

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Tax non-compliance during pandemic

Tax non-compliance during the pandemic cost the UK government £9 billion, according to a report from the National Audit Office (NAO).

HMRC redeployed around 1,350 workers to Covid-19 support…

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BCC warns SME exporters 'under tightening pressure'

The British Chambers of Commerce (BCC) has warned that small and medium-sized enterprises (SMEs) that export are facing 'tightening pressure' as a result of decreasing export sales.

The…

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'Digital pound' likely to launch this decade, says Treasury

The Treasury and the Bank of England (BoE) have suggested that a state-backed 'digital pound' is likely to be launched this decade.

Both the Treasury and the Bank said that the public should…

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Don't miss out on a tax refund for work expenses, HMRC urges

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…

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SMEs 'struggling to access finance'

Small and medium-sized enterprises (SMEs) are struggling to access finance and working capital, according to a report published by the Association of Chartered Certified Accountants (ACCA).

The…

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Many firms still facing recruitment problems

Many UK firms are still facing hiring issues as a result of challenging economic conditions, according to a report from the British Chambers of Commerce (BCC).

73% of firms surveyed by the…

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Real Living Wage to increase by 10%

The Real Living Wage is set to increase by 10%, the Living Wage Foundation has announced.

The rate will rise to £12 an hour across the UK and £13.15 an hour in London. The increase will affect…

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Review confirms off-payroll working rules to go ahead from April 2020

The government has confirmed that reforms to off-payroll working rules for the private sector will go ahead from 6 April 2020.

The off-payroll rules have applied to the public sector since…

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