Business news

4 in 5 young workers lack savings to buy a first-time home

Saving 5% of savings for 5 years will allow just 11% to buy average home.

Business confidence remains flat in November 2021

Concerns about energy costs and employment taxes increase.

Treasury to maintain existing capital gains tax rates

Only technical changes to capital gains tax accepted.

HMRC reminds traders of new custom controls

Full customs controls will come into effect on 1 January 2022.

Government sets out changes to R&D relief

Companies will have to notify HMRC that they intend to make a claim.

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