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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Could NICs rates be about to change for 2022/23?
Reports suggest the Government might be about to break a manifesto pledge.
Govt. considers raising NICs for 2022/23
National Insurance rates could rise 1% from April.
Inheritance tax receipts bounce back
33% more taxpayers hit by IHT charges.
UK house prices fall by 0.3%
House prices drop for the first time in 2021.
UK economy grows as COVID-19 restrictions ease
Hospitality and retail bounce back in Q2 2021.
Startups outstrip business closures in 2021
Business start-ups in 2021 up by 22% from previous year.
CGT receipts hit record-high of £9.9bn
41% of receipts came from 1% of capital gains taxpayers.
MTD for ITSA may come a year earlier
CIOT calls for MTD for ITSA to be delayed.
Govt. introduces £750m live events insurance scheme
It will cover costs in the event of cancellation.
Output per hour grew fastest in North West in 2020
The UK economy grew by 0.4% in the UK.