Business News
Warning for savers as inflation hits decade-high
Prices rise at fastest rate since September 2011.New rules to protect pension pots below £100
Proposal designed to help people with multiple pots.Bank of England resists pressure to raise interest rates
Interest rates maintained at 0.1%.Sunak considers VAT cut on household energy bills
Cut would deliver ‘Brexit dividend’ but ignore other commitments.Hospitality and tourism VAT rises to 12.5%
Trade bodies demand temporary rate be made permanent.Salary sacrifices ‘may mitigate the NICs rise’
Employees could benefit in the short-term.Widening tax gap casts doubt over MTD
HMRC misses out on £35bn in uncollected taxes.37% plan to use state pension for care costs
Care costs become unaffordable for some pensioners.Average buyer saves £1k via help-to-buy ISA
Millions may have a forgotten account they can still use.Repaid VAT triggers spike in tax receipts
HMRC warns against comparing recent annual tax receipts.
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