Budget must give UK business a competitive edge
The Autumn Budget must sharpen the UK’s competitive edge to stay ahead of the pack in an increasingly dog eat dog world, says the British Chambers of Commerce (BCC). The…
Blog Posts
Countdown to Vaping Products Duty begins
There is now less than a year until the UK Government introduces Vaping Products Duty (VPD) and vaping duty stamps (VDS) on 1 October 2026. VPD, a new excise duty,…
Over 750,000 young people yet to claim savings
Over 750,000 18-to-23-year-olds have yet to claim their matured Child Trust Funds, according to HMRC. The tax authority says that the accounts are worth £2,242 each on average. Child Trust…
Employers named and shamed for minimum wage breaches
The government has named and shamed nearly 500 employers who failed to pay the National Minimum Wage (NMW). The employers have been fined over £10 million for failing to comply…
Latest guidance for employers
HMRC has published the latest issue of the Employer Bulletin. The October issue has information on various topics, including: Internet link: GOV.UK
Companies face prosecution risk as new fraud law comes into force
Companies could be prosecuted and face unlimited fines if they fail to prevent fraud that their firm profits from under a new corporate offence. The offence will hold large organisations to…
Economic outlook remains subdued
The overall outlook for the UK economy remains subdued despite an upgrade to its forecast, says the British Chambers of Commerce (BCC). The UK economy is expected to grow by…
Chancellor to explore reforms to business rates on second premises
Chancellor Rachel Reeves will look at fixing the cliff edges in business rates that can discourage small business investment and growth, according to a report from HM Treasury. Currently when…
Budget Board must focus on easing the cost of doing business, says IoD
The government’s Budget Board must focus on easing the cost of doing business, says the Institute of Directors (IoD). The board has been created to link top ministers and 10…
Covid repayment window opens
The government has launched a voluntary repayment scheme to allow recipients of financial Covid support to repay outstanding money they were not entitled to or did not need with ‘no…
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