Business news
The latest business, tax and economic developments
In the world of business news, it’s easy to feel slightly overwhelmed, as you’re constantly bombarded by alerts and stories, half of which hardly relate to you. We feel that way sometimes, too. That’s why we created our business news section – dedicated to regular business owners like you. With one story a day with only the essentials, you’ll be able to keep up with the biggest business, tax and economic developments of the day.
Taxpayers flock to use time-to-pay plans
£310 million paid in instalments since April 2021.Just 1 in 5 think inheritance tax is fair
More estates are being dragged into paying death duties.HMRC eyes reform of stamp taxes and multiple dwellings
Changes in the pipeline for multiple dwellings relief and how mixed-use properties are taxed.Grant deadline looms for hospitality firms
Omicron-hit firms have until later this month to claim for grants worth up to £6,000.Inflation wipes out wage growth
Regular pay is down 0.8% in real terms.UK economy contracted by 0.2% in December 2021
GDP equal to its pre-pandemic level.HMRC issues marriage allowance reminder
Spouses can save up to £252 in 2021/22.1 in 5 Scottish firms fear rising payroll costs
Scottish accountants cite concerns over clients’ futures.MPs call to replace £38bn motoring taxes
Motoring taxation revenue forecast as zero by 2040.Auto-enrolment threshold frozen for 2022/23
Freeze expected to bring 17,000 more employees onto the scheme.