Budget date 2018 announced, with half the usual notice
The Chancellor has announced that the 2018 Budget will take place on Monday 29 October 2018, having given just half the usual 10 weeks’ notice of the …
One in ten small businesses are concerned about business failure
A new study has revealed that in the last three months the number of SMEs predicting they could close has doubled from five per cent to 10 per cent. Produced …
Professionals call on Treasury not to lower VAT threshold before MTD and Brexit
The Low Incomes Tax Reform Group (LITRG) of the Chartered Institute of Taxation (CIOT) has called on the Treasury to resist pressure to reduce the VAT …
Government Brexit redeployments to delay Making Tax Digital for Individuals
A number of key projects at HM Revenue & Customs (HMRC) have been placed on hold to make staff available for Brexit issues, including Making Tax Digital …
Remain-supporting former minister strikes optimistic note on post-Brexit economy
Former Conservative Treasury Minister, Lord Jim O’Neil has told the BBC that gloomy predictions for the post-Brexit UK economy are likely to be ‘dwarfed’ …
Britain’s small business economy is expected to grow nearly a fifth by 2025
The UK’s small business economy is expected to grow by nearly a fifth in total by 2025, but some areas are predicted to grow much quicker than others. …
OECD calls on UK to increase tax on self-employed
A report from the Organisation for Economic Co-operation and Development (OECD) has called on the UK Government to revive its plans to increase National …
Government begins to play its hand at the Brexit negotiation table
The Government has begun to publish a number of position papers which aim to set out how it intends to negotiate with the EU during the Brexit process. …
Two fifths of SMEs say investment plans have been negatively affected by Brexit
A new survey from the Confederation of British Industry (CBI) has revealed that more than 40 per cent of UK businesses believe that Brexit has hurt their …
Britain faces ‘a business support black hole’ post-Brexit, according to the FSB
A new study from the Federation of Small Businesses (FSB) has indicated that the UK’s army of small firms will face a funding shortfall of around £3.6 …
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