TAX AIM tax hike could cost billions City AM The recent inheritance tax hike on London's junior market, AIM, is projected to cost the Treasury over £1bn, according to investment bank Peel Hunt. The Government anticipated raising £92.5m from a 50% inheritance levy on...

EMPLOYMENT CBI: Tax rises will stifle hiring Financial Times The Daily Telegraph London Evening Standard The Guardian Tax increases in the recent Budget are making it challenging for businesses to hire new staff, according to the Confederation of British Industry...

TAX Labour's tax bomb threatens growth - CBI The Times The Guardian The Independent UK Daily Mail London Evening Standard The Confederation of British Industry (CBI) is set to warn that Labour's £25bn National Insurance tax increase will severely impact growth,...

OUTLOOK Business owners brace for redundancies Business Money Magazine Recent research by Evelyn Partners reveals that nearly one in three business owners (31%) anticipate making redundancies in the coming year, with 30% fearing they may default on debts. The study,...

OUTLOOK High street retailers call for rate reduction Daily Mail Andrew Goodacre, chief executive of the British Independent Retailers Association (BIRA), has warned that the costs of higher employer National Insurance contributions and an “inflation-busting” rise in...

OUTLOOK BRC chief: Labour’s relationship with business at a ‘critical point’ City AM Helen Dickinson, the chief executive of the British Retail Consortium (BRC), says the Government’s relationship with business is at a “critical point,” with firms concerned over the...

OUTLOOK New business creation falls Daily Mail The Times In 2023, the UK experienced its slowest rate of new business creation since 2010, with only 316,000 start-ups compared to 337,000 in 2022, according to the Office for National Statistics (ONS). This decline...

TAX Tax credit fraud crackdown puts agents in the spotlight The Times An HMRC inquiry into research and development tax credits has found that claims for business tax incentives were more likely to be non-compliant if they were made with the help of a specialist...

REGULATION Reeves vows to cut City red tape Daily Mail The Guardian The I Chancellor Rachel Reeves plans to tear up red tape for the City of London, saying that while tighter regulation was the right way to go following the financial crisis, it has “gone too far” and...

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