Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Entrepreneurs’ relief: lifetime limit cut to £1m
Chancellor announces reform to controversial relief.HMRC stops sending out paper tax returns
Paper returns need to be downloaded or requested.Capital gains tax receipts tipped to soar
Treasury expects to net £15.7bn in 2023/24.Tax body demands VAT simplification
Rules for food and drink ‘overly complex’.Economy stagnant in early 2020
Latest GDP figures released.Duties – stamp duty surcharge for non-UK residents
Stamp duty land tax surcharge on non-UK residents With effect from 1 April 2021, a 2% stamp duty land tax surcharge will apply to non-UK residents purchasing residential property in England and Northern Ireland. Stamp duty and stamp duty reserve tax On...Business – entrepreneurs’ relief to be reduced
Corporation tax The main rate of corporation tax will now remain at 19% from 1 April 2020, despite original plans to reduce this to 17%. This remains the lowest headline rate in the G20. Additionally, it was announced that the main rate of corpo...Spring Budget 2020: Personal
The key personal announcements revealed in the Chancellor’s speech on 11 March 2020.Spring Budget 2020: Business
The key business announcements revealed on 11 March.Spring Budget 2020: Reactions
What the key industry groups have to say about the Chancellor’s Budget speech.
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