Industry News
The latest tax, employment, business and economic news affecting businesses and individuals alike.
Inheritance tax receipts bounce back
33% more taxpayers hit by IHT charges.UK house prices fall by 0.3%
House prices drop for the first time in 2021.UK economy grows as COVID-19 restrictions ease
Hospitality and retail bounce back in Q2 2021.Startups outstrip business closures in 2021
Business start-ups in 2021 up by 22% from previous year.CGT receipts hit record-high of £9.9bn
41% of receipts came from 1% of capital gains taxpayers.MTD for ITSA may come a year earlier
CIOT calls for MTD for ITSA to be delayed.Govt. introduces £750m live events insurance scheme
It will cover costs in the event of cancellation.Output per hour grew fastest in North West in 2020
The UK economy grew by 0.4% in the UK.Employers fined for underpaying workers
Companies failed to pay £2.1 million to 34,000 workers.Applications for ‘fifth-and-final’ SEISS grant open
Self-employed taxpayers have until 30 September 2021 to submit their claims.