Business news
The latest business and financial issues making the headlines.
20,000 taxpayers use ‘time to pay’ for self-assessment
Monthly payments total £46m since April 2021.BoE raises interest rates to 0.25%
Rates rise for the first time in more than three years.Firms want support as customers cancel bookings
Hospitality takings could fall 40% during vital trading period.Warning for savers as inflation hits decade-high
Prices rise at fastest rate since September 2011.Creative tax reliefs fuel film and TV boom
Reliefs produce £13bn GVA between 2017 and 2019.Long delays with issuing UTR codes
Self-assessment first-timers in a “black hole of frustration”.Scotland freezes income tax rates in Budget
Speech details tax changes in “transitional Budget”.Govt. committee calls for household gas tax
"Tax needed to meet UK net-zero targets".Treasury sheds more light on R&D tax relief changes
New measures to take effect from 1 April 2023, subject to Finance Bill 2022/23.Self-assessment deadline enters the final straight
The 2020/21 deadline is on or before midnight on 31 January 2022.