Business News

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Research suggests small businesses 'unaware of AIA' ...Research carried out by banking group Close Brothers has suggested that almost two thirds of UK small businesses are 'unaware of the Annual Investment Allowance' (AIA). ...25 Jun
TUC calls for mandatory reporting of disability pay gaps ...The Trades Union Congress (TUC) has called on the government to make it mandatory for businesses to report their disability pay gaps. ...24 Jun
Many businesses 'including climate-related information in financial disclosures' ...A report published by the Taskforce on Climate-related Financial Disclosures (TCFD) has revealed that an 'encouraging' number of businesses are now including climate-related information in their financial discl ...21 Jun
Government suspends scheme for naming employers who fail to pay NMW ...The government has suspended its scheme for naming employers who fail to pay the National Minimum Wage (NMW). ...20 Jun
Significant rise in number of data breach notifications since introduction of GDPR ...Research carried out by law firm Pinsent Masons has suggested that, since the introduction of the General Data Protection Regulation (GDPR) on 25 May 2018, there has been a 'significant rise' in the number of d ...19 Jun
HMRC repays tax penalties worth £1.8 million to nearly 5,000 parents ...HMRC has now repaid £1.8 million in tax penalties to nearly 5,000 parents who were fined for failing to register for the High Income Child Benefit Charge. ...18 Jun
Rise in rental costs 'deterring young people from moving around country for jobs' ...Research carried out by think tank the Resolution Foundation has suggested that young people are 'less likely to move around the country for a better job' as a result of a considerable rise in rental costs. ...17 Jun
ICAEW responds to government 'off-payroll working rules' consultation ...The Institute of Chartered Accountants in England and Wales (ICAEW) has responded to the government's consultation in regard to the 'off-payroll working rules from April 2020'. ...14 Jun
Government tax investigations 'taking three years to complete', data suggests ...Data published by law firm Pinsent Masons has suggested that government tax investigations into large businesses are taking 'three and a half years' to complete. ...13 Jun
Business groups outline principles for UK trade policy ...Business groups, including the Confederation of British Industry (CBI), the Federation of Small Businesses (FSB) and the Trades Union Congress (TUC) have set out 'core principles' for UK trade policy post-Brexi ...12 Jun
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