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.
House of Lords and NAO raise concerns with IR35
New reports highlight risks and challenges for HMRC.
More than one million use extra time to file tax returns
Over 11.3m individuals file self-assessment tax returns by 28 February 2022.
Government launches online sales tax consultation
If implemented, business rates would decrease.