News

15/08/2024

£19 billion in unpaid taxes

HMRC has stated that it is ‘unlikely to recover’ over £19 billion in unpaid taxes, which have accumulated as as a result of uncollected tax debt and a plethora of HMRC customer service failures.

READ MORE

15/08/2024

Government contracts ‘out of reach’ for SMEs

The British Chambers of Commerce (BCC) has revealed that only 20% of direct public sector procurement spend was with small and medium-sized enterprises (SMEs) in 2023.

READ MORE

08/08/2024

Digital trade deal hailed as big win

The UK’s decision to joins a global digital trade agreement negotiated under the World Trade Organisation (WTO) has been hailed as a big win for business by the British Chambers of Commerce (BCC).

READ MORE

08/08/2024

HMRC failing on responsiveness

HMRC is failing on the key metrics of responsiveness, ease and accuracy, according to the annual HMRC Charter report. The report reviewed HMRC’s performance against its Charter from April 2023 to March 2024. The survey received over 1,600 responses, with complaints about service levels a recurring theme.

READ MORE

27/07/2024

UK economic recovery

The UK’s economic recovery is finally putting down roots after GDP grew faster than expected in May, says the Confederation of British Industry (CBI).

READ MORE

22/07/2024

Growth Guarantee Scheme

The British Business Bank has launched the Growth Guarantee Scheme to help smaller businesses access finance

READ MORE

22/07/2024

Launch of VAT Registration Estimator

HMRC has launched a digital tool to help businesses estimate what registering for VAT may mean for them.

READ MORE

04/07/2024

Fees charged on pension pot

Data published by investment adviser Moneyfarm has suggested that 50% of pension savers are unaware they are paying charges on their pension pots.

READ MORE

04/07/2024

Average earnings only £16 higher

Research carried out by the Resolution Foundation has found that real average earnings are just £16 a week higher than they were 14 years ago.

READ MORE