Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
The construction industry scheme
The rules for construction industry contractors and subcontractors.Most small firms absorb the cost of wage increases
FSB says a “cautious approach” to the national living wage is needed.Number of non-domiciled taxpayers falls
78,300 individuals claim non-domiciled status.Creative businesses receive £1.1bn tax relief
Relief for film and high-end television increases 40% in three years.VAT reverse charge ‘should be delayed’
CIOT says construction businesses are unprepared.Treasury to review tapered annual allowance
Government responds to calls from NHS doctors to scrap taper.Late payments are a ‘growing challenge’ for 1 in 4 SMEs
Businesses report problems with regulations and customer demand.Carers’ allowance in line for reform
Select committee calls for Government action.No penalty for not signing up to MTD
Stay of execution for those who missed sign-up deadline.HMRC repays £46m in excess tax on pension withdrawals
17,000 savers reclaimed tax in Q2 2019.
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