Business News

24 May 2019

Millennials living in 'relative poverty', according to think tank

A report published by think tank the Resolution Foundation has suggested that 22% of 'millennials' - those born between 1981 and 2000 - are living in 'relative poverty'.

23 May 2019

MPs urge government to make 'radical improvements' to apprenticeship programme

MPs have urged the government to make 'radical improvements' to its apprenticeship programme, after finding that small employers are 'missing out' on the benefits associated with apprenticeships.

22 May 2019

Research suggests many individuals 'unaware of IHT rules' when gifting money

Research carried out by the Institute for Fiscal Studies (IFS) and the National Centre for Social Research (NCSR) has suggested that only 45% of individuals seeking to gift money are aware of inheritance tax (IHT) rules and exemptions.

21 May 2019

OTS calls for review of PAYE system

In a new report, the Office of Tax Simplification (OTS) has called for the Pay as You Earn (PAYE) system to be reviewed, to ensure tax agents can 'see relevant client information' and 'access a number of key services'.

20 May 2019

ATT suggests couples 'could be affected' by increase in stamp duty for non-residents

The Association of Taxation Technicians (ATT) has suggested that couples in England and Northern Ireland could be affected by a proposed increase in stamp duty for non-UK residents purchasing residential property.

17 May 2019

CBI calls for UK firms to 'improve people management practices'

A report published by the Confederation of British Industry (CBI) has suggested that UK businesses could potentially add up to £110 billion to the UK economy by 'improving their people management practices'.

16 May 2019

Welsh taxpayers urged to check payslips following income tax code mix-up

Following an income tax code mix-up, HMRC has urged Welsh taxpayers to check their payslips to ensure the correct amount of tax has been deducted by their employer.

15 May 2019

Government launches consultation on Companies House reforms

The government has launched a consultation on new Companies House reforms, including a 'major upgrade' of its register.

14 May 2019

Cuts to grants 'affecting sales of electric cars in the UK'

A report published by the European Automobile Manufacturers' Association (EAMA) has suggested that sales of electric cars in the UK are being affected by the government's decision to reduce the grant for buyers of so-called 'green' vehicles.

13 May 2019

Research suggests UK workers 'unaware of entitlement to paid travel time'

Research carried out by the Department for Business, Energy and Industrial Strategy (BEIS) has suggested that four in ten UK workers are 'unaware' that they are entitled to be paid for the time they spend travelling between work appointments.

10 May 2019

FSB urges government to create 'small business plan for Europe'

The Federation of Small Businesses (FSB) has published a comprehensive 'small business plan', outlining a host of reforms to help 'unlock the potential of Europe's small businesses'. It is urging the government to follow suit and produce its own plan.

09 May 2019

UK workers 'fear requesting a pay rise', research suggests

Research carried out by recruitment firm Reed has suggested that many UK workers find the thought of asking for a pay rise 'unsettling'.

08 May 2019

Stockpiling by SME manufacturers 'reached record high' last quarter, research finds

Research carried out by the Confederation of British Industry (CBI) has revealed that stockpiling by small and medium-sized enterprises (SMEs) reached a 'record high' in the three months to April.

07 May 2019

CIOT warns Digital Services Tax 'not a cure for struggling high streets'

The Chartered Institute of Taxation (CIOT) has warned that the government's planned Digital Services Tax (DST) won't serve as a cure for the UK's 'ailing high streets'.

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