Business news
R&D tax relief crackdown allegedly deterring genuine claims
Valid claims are apparently being rejected by HMRC.
Record wage growth not fast enough to beat inflation
Wage growth nevertheless fuels inflation fears.
Chancellor aims to boost pension funds by £1,000 a year
Announcement part of wider pension reforms.
Alcohol duty system changes from next month
All alcoholic drinks to be taxed based on ABV.
Business confidence falls in June
Directors cite stubborn inflation as their main concern.
CIOT: R&D crackdown deters legitimate claims
Current ‘volume compliance’ approach does not work.
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