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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Interest rate increases to 13-year-high
Bank of England announces interest rate rise to tackle cost of living.SEISS grant recipients may owe HMRC
HMRC is contacting those with reduced grant entitlement.Retail leaders call for rates reform
Group suggests using online sales tax to fund rate cut.Insolvencies rise by 39%
Over 2,000 companies filed for insolvency in March.Venture capital tax breaks to be reviewed
MPs aim to make the UK a pioneer in technology.National Insurance takings surpass £150bn
National Insurance contributions break all-time record.Figures paint “mixed picture” for businesses
Business confidence grows, regardless of challenges ahead.Tax planning for mixed domicile marriages
‘Non-doms’ can benefit from a more lenient tax treatment.Half of SMEs predict zero growth in 2022
Rising costs hinder business growth plans.Umbrella company workers see “no benefit”
Use of umbrella companies has grown since IR35 reforms.
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