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IoD outlines key policy changes in Budget submission

13 Sep 2024

In a letter to Chancellor Rachel Reeves, the Institute of Directors (IoD) has outlined its key policy changes for the upcoming Autumn Budget.

Reforms to IHT, CGT and NI 'could raise over £20 billion a year'

12 Sep 2024

The Resolution Foundation has suggested that reforms to inheritance tax (IHT), capital gains tax (CGT) and national insurance (NI) could raise more than £20 billion a year.

UK economy unexpectedly flatlines for second month in row

11 Sep 2024

The UK economy flatlined in July after also showing 0.0% growth in June, according to the Office for National Statistics (ONS).

£5.5 billion lost as a result of tax evasion, report finds

10 Sep 2024

A report published by the National Audit Office (NAO) has found that £5.5 billion was lost due to tax evasion in 2022/23.

Business group urges government to fix 'antiquated' business rates rules

09 Sep 2024

The Confederation of British Industry (CBI) has urged the government to fix the 'antiquated' business rates system in England in order to 'boost investment and grow the economy'.

Scam complaints reach highest ever level, data shows

06 Sep 2024

Data published by the Financial Ombudsman Service has revealed that fraud and scam complaints have hit their highest ever level.

Pension pot needed for basic retirement rises to nearly £110,000

05 Sep 2024

The average pension pot required for a basic standard of living in retirement has surged to almost £110,000 in just three years, according to research by the Resolution Foundation.

SME energy bills predicted to remain above pre-crisis levels

04 Sep 2024

Small and medium-sized enterprise (SME) energy bills are expected to remain 70% above pre-crisis rates.

Business leader confidence fell in August, data reveals

03 Sep 2024

Data published by the Institute of Directors (IoD) has revealed that confidence in the UK economy amongst business leaders fell to -12 in August following a three-year high of +7 in July.

Scrap fuel duty cut, says RAC

02 Sep 2024

Motoring organisation the RAC has called for a 5p cut in fuel duty to be scrapped in the upcoming Autumn Budget on 30 October.

HMRC sends 'nudge letters' to crypto investors

30 Aug 2024

HMRC has 'sent nudge' letters to crypto investors who it suspects have failed to pay the correct tax on their gains, according to the Chartered Institute of Taxation (CIOT).

HMRC debunks top five self assessment 'myths'

29 Aug 2024

HMRC has clarified some common myths about self assessment tax returns.

Fall in small business confidence as employment costs take a toll, warns FSB

28 Aug 2024

Small business confidence fell back into negative territory in the second quarter of this year, according to research conducted by the Federation of Small Businesses (FSB).

UK has record number of self-employed workers aged 60 or over

27 Aug 2024

The number of self-employed people aged 60 or over has reached a record of almost a million, according to analysis by Rest Less.

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