Sep 8, 2023 | Current Affairs
Rising interest rates could see an average of 7,000 businesses going bust every quarter in 2024, warns the Centre for Economics and Business Research (CEBR). High interest rates, unsustainable business debt levels and the cost of living could result in 28,000 business...
Sep 7, 2023 | Current Affairs
The UK is no longer a global economic outlier after a huge revision to its post-pandemic economic performance by the Office for National Statistics (ONS). GDP, the size of the country's economy, climbed back above pre-pandemic levels by the end of 2021, the ONS said...
Sep 5, 2023 | Current Affairs
After being closed for three months over the summer, HMRC has reopened the self-assessment tax helpline from 4 September. Between 12 June and 3 September, callers were redirected to digital services to give HMRC time to deal with other phone enquiries and handle the...
Sep 4, 2023 | Current Affairs
The Low Incomes Tax Reform Group (LITRG) is asking separated couples to check that their child benefit claims do not unwittingly leave them exposed to the high-income child benefit charge (HICBC). The warning follows a recent first-tier Tribunal decision that found a...
Aug 24, 2023 | Current Affairs
The British Retail Consortium (BRC) has called on the Government to review its plan for a bottle recycling scheme after finding it would cost the retail industry £1.8 billion a year. The £1.8bn figure - ten times what the Government predicted - includes the cost of...