UK business confidence hits a four-year high

Business confidence in the UK is at the highest level for more than four years according to a new survey, with nine of the 12 UK regions expecting growth.

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New guidance for partnerships claiming fifth SEISS grant

HM Revenue & Customs (HMRC) has clarified its guidance for members of partnerships claiming the fifth Self Employment Income Support Scheme (SEISS) grant.

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Tax-related scams double during coronavirus pandemic, figures reveal

Tax-related scams have almost doubled in the past 12 months, HM Revenue & Customs (HMRC) has revealed.

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Economic boost as record borrowing levels slashed

There was more good news on the economy as we emerged from lockdown, with official figures showing UK borrowing had been slashed in July, compared with the same period last year.

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Staff shortages leave food manufacturers looking for inmates to cover work

Food manufacturers in desperate need of workers are pleading for the UK Government to enable the companies to use prisoners to solve the staff shortage disaster – a fault of Brexit and COVID-19. Continue reading

Tax-relief schemes may help start-ups raise outside investment – ICAEW

Tax-relief schemes may help start-ups and established businesses attract outside investment when traditional investment is not viable, a major regulator has said.

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Sole traders “disproportionately impacted” by coronavirus pandemic

Just four in 10 sole traders have returned to pre-pandemic levels of trading despite Covid-19 restrictions being lifted, a major study has revealed.

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Good news on jobs and growth a boost for business

The UK economy has had two major boosts this week with growth in the economy and in the jobs market, according to figures from the Office for National Statistics (ONS).

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Staff shortages: increased wages to entice workers could mean higher prices for customers

Due to the ongoing staff shortages caused by the pandemic, UK restaurants have had to increase employee wages to entice chefs and waiters – which could mean higher prices for customers. Continue reading

Digital platforms to report sellers’ income from as early as 2023

Digital marketplaces will be required to report the income of sellers from as early as 2023, it has been announced.

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