Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.
Energy bill support for firms to be reduced from April
Businesses will receive reduced support for their energy bills from April.
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Bank of England raises interest rates to highest level in 14 years
The Bank of England (BoE) has raised the base rate of interest.
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Government launches consultation on R&D relief
The government has launched a consultation on simplifying the UK's research and development (R&D) tax relief system, driving innovation and growing the economy.
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Fewer firms investing in training despite skills shortage
Fewer firms are increasing their investment in training and development despite a skills shortage, according to a survey by the Confederation of British Industry (CBI).
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UK business confidence plummets to 13 year low
The UK's business confidence has dropped to a 13 year low, according to a survey conducted by the Institute of Chartered Accountants in England and Wales (ICAEW).
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Small firms 'facing challenges when applying for financing'
Many small firms in the UK face challenges when it comes to finding and applying for funding, according to a report published by the Federation of Small Businesses (FSB).
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BCC warns SME exporters 'under tightening pressure'
The British Chambers of Commerce (BCC) has warned that small and medium-sized enterprises (SMEs) that export are facing 'tightening pressure' as a result of decreasing export sales.
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Pensioners outnumber young people for filing self assessment tax returns
HMRC has revealed that more pensioners filed a tax return for the 2020/21 tax year compared to young people.
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