Business News

Spring Budget 2020: Expectations
March 11, 2020
Three changes in the Chancellor’s pipeline.
1.6 million face retirement with no private pension
March 10, 2020
Government statistics reveal shortfall.
Other announcements – plastic packaging tax
March 9, 2020
Plastic packaging tax A new plastic packaging tax will take effect from 1 April 2022 at a rate of £200 per tonne. This will apply to plastic packaging produced in, or imported into, the UK that does not contain at least 30% recycled plastic. The ...
VAT – construction industry reverse charge reminder
March 9, 2020
Abolition of the ‘tampon tax' The first headline for VAT in the Chancellor's speech came when Sunak announced that the UK leaving the EU presents an opportunity to introduce legislation applying the zero-rate of VAT to women's sanitary products. VAT is...
Personal – pensions tapered annual allowance
March 9, 2020
Rates and allowances The tax-free personal allowance will remain at £12,500 for the 2020/21 tax year throughout the UK. The basic-rate band in England, Northern Ireland and Wales will stay at £37,500 and consequently, the higher-rate threshold will con...
Tapered allowance threshold set to rise
March 9, 2020
High earners poised for pensions boost.
BCC: ‘Use the Budget to boost businesses’
March 6, 2020
Time to sweep away barriers to business growth.
Workplace pension participation levels hits new high
March 5, 2020
Participation rate increased 30% over eight years.
FSB calls for tweaks to entrepreneurs’ relief
March 4, 2020
Business group warns against abolishment in Spring Budget.
Predictions for Spring Budget 2020
March 4, 2020
A round-up of the best rumours for individuals and businesses.

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