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Category Archives: Business News

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A quarter of businesses don’t think they will be ready for post-Brexit Britain

Posted on November 12, 2020 by Howard Roth
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A survey of almost a thousand company directors by the Institute of Directors (IoD) has found that nearly a quarter of businesses are not prepared for Brexit and do not expect to be ready by the end of the transition … Continue reading →

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HMRC called on to simplify the administration of tax reliefs

Posted on November 12, 2020 by Howard Roth
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The Office of Tax Simplification (OTS) is calling on HM Revenue & Customs (HMRC) to simplify the process of applying for tax reliefs so that fewer taxpayers miss out. In total, the UK has 1,190 tax reliefs, that each require … Continue reading →

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More than 50,000 people claim working from home tax relief through HM Revenue & Customs online portal

Posted on November 12, 2020 by Howard Roth
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HM Revenue & Customs (HMRC) has received more than 50,000 claims for tax relief for working from home since opening a new online portal on 1 October. Since the start of the current tax year on 6 April 2020, employers … Continue reading →

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IFS predicts tax rises of more than £40 billion a year by the middle of the decade

Posted on November 12, 2020 by Howard Roth
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The Institute for Fiscal Studies (IFS) has predicted that taxes will need to rise by more than £40 billion a year by the middle of the decade to prevent Government debt from growing out of control. The widely-respected think tank … Continue reading →

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