Applications now open for freeports
Businesses that are planning to operate in the UK's new freeports can now apply to HMRC. The tax authority has published the application forms to operate special customs procedures within…
FSB warns tax rises ‘threaten recovery from pandemic’
The Federation of Small Businesses (FSB) has warned that tax rises could threaten the UK's ongoing recovery from the Covid-19 pandemic. According to the FSB, small businesses are coming up…
Payment period on residential CGT is doubled
The government has doubled the period for filing and payment of capital gains tax (CGT) on residential property from 30 days to 60 days. The measure was announced by Chancellor…
Business groups give mixed response to Budget
Business groups gave a mixed response to Chancellor Rishi Sunak's 2021 Autumn Budget speech. Responding to the speech, the Confederation of British Industry (CBI) said that the Chancellor had shown…