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Supply chain issues to drive warehouse construction growth

Aug 02, 2022

Construction output is expected to rise by 2.5 per cent this year, according to a trade body survey. It is much-needed good news for the economy, with new warehouses and infrastructure growth the driving forces. More storage space needed for online business According ...

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New VAT Registration Service (VRS) set to launch

Jul 28, 2022

HMRC is introducing a new VAT Registration Service (VRS), it has been revealed. Launching on 1 August, the service aims to speed up the process, improve security, and automatically register businesses for Making Tax Digital (MTD). From this date onwards, the existing ...

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Changes to R&D tax credits regime introduced

Jul 26, 2022

New changes to the research and development (R&D) tax credits regime have been announced, with an estimated 90,000 companies benefiting. The changes will require people to apply for all reliefs online and pre-registration of claims irrespective of the company’s size. Launching on ...

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New tips legislation gives pay boost to millions in the hospitality sector

Jul 21, 2022

Proposed new legislation to allow hospitality workers to keep their tips has been broadly welcomed by a leading trade body. The Government has announced this month that it is backing the Employment (Allocation of Tips) Bill, which bans employers from withholding ...

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Government urged to act as labour shortage continues

Jul 19, 2022

The recruitment crisis across the country shows no sign of abating, according to a survey from a top business body. The worst-affected sector was construction, with 83 per cent of those surveyed reporting difficulties, with the logistics and hospitality areas not ...

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First cost of living payment received by millions

Jul 14, 2022

Payments to support those struggling with the cost of living are starting to be paid into eight million people's accounts from today. The first instalment of £326 is aimed at those on a variety of benefits and tax credits. For low-income households ...

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Trade agreement between UK and India close to completion

Jul 12, 2022

It has been announced by India’s commerce minister, Piyush Goyal, that India’s long-anticipated trade agreement with the UK is set to reach completion by October. In the agreement, Goyal has said that 11 of the proposed deal's 26 chapters are ...

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Government must act to improve inbound tourism, Select Committee says

Jul 07, 2022

As the UK tourism sector recovers from the pandemic, a Government minister has been told more must be done to encourage international visitors. The Digital, Culture, Media and Sport (DCMS) Select Committee meeting, which took place on 5 July, highlighted the UK’s ...

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Have you claimed the working from home tax relief?

Jul 05, 2022

The eligibility criteria for the Government’s work from home tax relief was relaxed during the pandemic, as restrictions prevented many people from physically going to work. Thanks to this, if you were required to work from home for a limited period, ...

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Have you renewed your tax credits?

Jul 01, 2022

According to HMRC, 323,700 customers are yet to renew their tax credits, with just one month left to do so. Tax credits offer targeted financial aid to working families, so to ensure you receive what you are eligible for, it is ...

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