Chancellor Kwasi Kwarteng’s mini-Budget has scrapped a planned rise in Corporation Tax as part of a wide-ranging raft of tax-cutting measures announced last week.
A recent legal case has concluded that private limited companies operating under Model Articles must have at least two directors.
The Government has outlined a new Energy Bill Relief Scheme to support households, businesses and public sector organisations tackling soaring energy bills.
A ‘fiscal event’ is to be delivered on Friday, setting out what help is to be made available to get people through the winter and the cost-of-living crisis.
Late payments are costing small businesses £684 million per year, in addition to rising inflation, data has revealed.
Several cities, including those in the UK and the EU, are considering introducing a tax on visitors.
Many UK businesses are having problems with recruitment as the number of job vacancies has soared over the last 12 months.
The off-payroll guidance for clients, contractors, and their intermediaries is set to be reviewed by HM Revenue & Customs (HMRC).
The current cost of living crisis in the UK has already seen the economy decline, with customers saving money and consuming less.