Digital Services Tax has raised £358 million

Dec 05, 2022

The UK's Digital Services Tax (DST) raised £358 million from large digital businesses in the 2020/21 tax year, according to data published by the National Audit Office (NAO).

The DST was introduced…

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Advisory fuel rates for company cars

Dec 05, 2022

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

The guidance states: 'you can use the previous rates for up to one month from the date the new…

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Autumn Statement 2022

Nov 18, 2022

The Chancellor Jeremy Hunt presented his Autumn Statement on 17 November 2022. The proposals aim to restore stability to the economy, protect high-quality public services and build long-term prosperity…

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Government pushes back economic statement

Nov 07, 2022

Chancellor of the Exchequer Jeremy Hunt has delayed the announcement of the government's economic plan until 17 November.

The Medium-Term Fiscal Plan was due to be delivered by the Chancellor…

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New PM must restore confidence, say business groups

Nov 07, 2022

The UK's new Prime Minister Rishi Sunak must restore confidence in the country's economy, say business groups.

Mr Sunak will have to deal with a range of issues stemming from inflation and the…

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Inflation returns to 40-year high

Nov 07, 2022

The rate of inflation rose to 10.1% in September as the economy felt the effects of rising prices and the fallout from the Mini Budget, according to the Office for National Statistics (ONS).

The…

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Government pushes back economic statement

Nov 07, 2022

Chancellor of the Exchequer Jeremy Hunt has delayed the announcement of the government's economic plan until 17 November.

The Medium-Term Fiscal Plan was due to be delivered by the Chancellor…

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FCA warns that eight million are struggling to keep up with bills

Nov 07, 2022

Almost six in ten UK adults are struggling to keep up with their bills, according to new research from the Financial Conduct Authority (FCA).

The research estimates that 7.8 million people were…

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IoD survey finds UK businesses anticipate growth in exports

Nov 07, 2022

A survey conducted by the Institute of Directors (IoD) has found that 42% of UK businesses that trade internationally expect to see an increase in their exports over the coming year.

The survey…

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