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Government pledges to protect firms from cheap imports
Focus on exports and shielding UK businesses.
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MTD for VAT brings in extra £195m
Scheme cuts costs caused by mistakes, HMRC says.UK GDP grew by 0.8% in January 2022
Economy bounced back at turn of year in the UK.Govt. introduces £150 million loan scheme
Loans of up to £2m available for innovative businesses.One week until COVID-19 sick pay scheme closes
Claims can be made until 24 March 2022.BCC: UK economic growth to halve in 2022
Expected GDP growth cut from 4.2% to 3.6%.House of Commons passes Economic Crime Bill
Legislation would create a register of overseas company owners.4 in 5 VAT registered businesses unaware of MTD for VAT
Just 29% know how to become MTD compliant.Savers say £22,500 is ideal retirement income
Ideal income equates to a moderate living standard.IHT receipts up £0.7bn
Increase attributed to COVID-19 and rising house prices.Government considers new online sales tax
Tax on internet sales would be used to reduce business rates.