Latest News for Business

A round up of topical news articles.

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05 Sep 2022

HMRC releases more details MTD for Income Tax

HMRC has published more details on how Making Tax Digital for Income Tax (MTD for IT) will work for buy-to-let landlords and sole traders with qualifying income over £10,000.

05 Sep 2022

Ofgem raises energy price cap

Average household energy bills will rise to £3,549 in October following the decision of energy regulator Ofgem to raise the price cap.

05 Sep 2022

Treasury Committee warns government against 'flying blind' with Emergency Budget

The Treasury Committee has urged the government to provide assurance that it is not 'flying blind' into a potential Emergency Budget this September.

05 Sep 2022

Experts warn inflation could keep rising in 2023

Economic analysts have warned that the rate of inflation could keep rising in 2023 as a result of rising energy prices.

05 Sep 2022

Energy firms call for windfall tax to be scrapped by 2025

Trade body Offshore Energies UK (OEUK) has stated that the Energy Profits Levy on UK energy firms should be scrapped by 2025.

05 Sep 2022

TUC urges government to raise NMW

The Trades Union Congress (TUC) has called on the government to increase the National Minimum Wage (NMW) rates 'immediately' in order to guarantee decent living standards for families.

05 Sep 2022

Report finds decline in the use of cash is easing

Banking trade body UK Finance has revealed that the rapid decline in the use of cash as a form of payment has eased.

05 Sep 2022

Advisory fuel rates for company cars

New company car advisory fuel rates have been published and took effect from 1 September 2022.

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