News Archive > 2017 > February

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HMRC publishes Making Tax Digital consultation response

HM Revenue & Customs (HMRC) has published its response to the feedback it received on its six Making Tax Digital (MTD) consultations. 

Business groups respond to publication of Brexit White Paper

Business groups have responded to the government’s recent publication of its Brexit White Paper, which outlines its ambition to create a ‘new, positive and constructive’ partnership between the UK and the EU.

Half of SMEs ‘to increase prices’ as result of fall in Sterling, BCC suggests

A survey carried out by the British Chambers of Commerce (BCC) has revealed that 54% of small and medium-sized enterprises (SMEs) expect to have to raise the prices of their products and services in the coming 12 months due to the depreciation of Sterling.

Business groups publish Budget wish lists

Ahead of the 2017 Spring Budget on 8 March, business groups have set out their wishes and priorities for both business and the UK economy.

CBI publishes Brexit guide for businesses

The Confederation of British Industry (CBI) has published a Brexit guide for businesses, which provides advice and support in regards to trade between the UK and the rest of the world.

Insurance premium tax could lead to price rises for motorists, warns AA

Vehicle breakdown service the AA has warned that it may need to raise its prices due to a significant increase in the rate of insurance premium tax (IPT).

IoD calls for Budget to include a major review of the tax system

The Institute of Directors (IoD) has claimed that the tax system is not keeping up with the growth of self-employment and the digital economy, and has called for Chancellor Philip Hammond to create a new Tax Commission when he presents his Budget on 8 March.

Small businesses ‘not ready’ for Making Tax Digital, survey finds

A survey carried out by the UK200Group has suggested that many small businesses do not feel prepared for the introduction of the government’s new Making Tax Digital (MTD) initiative, which is due to be implemented between 2018 and 2020.

Queen opens new National Cyber Security Centre

The Queen has officially opened the UK’s new National Cyber Security Centre (NCSC), which is designed to protect businesses and individuals against destabilising cyber-attacks and breaches.

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