UK-US trade deal may boost economy by 0.16%

A post-Brexit trade deal with the US could boost the UK economy by up to 0.16%, according to government estimates. The Department for International Trade published a 180-page report to outline the UK's stance ahead of trade talks with the US. A free-trade agreement...

Campaigners voice concerns over IR35 changes

Private-sector contractors and freelancers will not be fined for inaccuracies relating to the off-payroll working rules in 2020/21. HMRC published a report into the changes, which kick in from April, and promised a light-touch approach to any errors in the first year....

‘More spending must require more tax’

New Chancellor Rishi Sunak must raise taxes in his first Budget if the Government is to stick to its own borrowing rules. The Institute for Fiscal Studies (IFS) warned that "radical changes to taxes" are needed to increase funding for the NHS and social care. However,...

Spring Budget to go ahead as planned

The Government will stick to the date of Spring Budget 2020, quashing speculation it may be delayed. Chancellor Rishi Sunak took to Twitter to confirm Spring Budget 2020 will be held after Prime Minister's Questions on 11 March. Sunak tweeted: "Cracking on with...