Inflation rate sees fourth month of consecutive growth
Rising prices coincides with unlocking of UK economy.
Bank of England warns of insolvency crisis among SMEs
Insolvency timings will coincide with end to Government support.
14.5 million jobs supported since pandemic onset
Critics argue millions have been “excluded” from support.
UK GDP grows by 0.8% in May 2021
Growth was primarily driven by the service sector.
Thousands of savers caught out by pension tax traps
Breaches of two pension allowances cost savers £817 million in 2018/19.
Where do we stand with the UK’s property taxes?
More changes to the UK’s property taxes took effect this month.
COVID-19 loans hit total value of £80 billion
BBLS applications accounted for the majority of claims.
State pensions predicted to rise by 8%
The raise would cost the Treasury £3 billion.
Post-pandemic job exodus could cost businesses up to £17 billion
The cost equates to £10,076 per business.
HMRC posts renewal reminder for tax credits claims
Some review packs require a reply for renewal.
Sweeping VAT changes for goods outside the EU
The EU launches its long-awaited one-stop shop.
Employers start contributing to furlough payments
The furlough scheme begins winding down.