
Business Tax
Autumn Budget 2021: key business announcements
The top announcements affecting businesses from 27 October 2021.
R&D spending hits £47.5bn in 2019/20
Expenditure on R&D as percentage of GDP trails behind target.
Calls resurface to abolish business rates
Opposition would increase digital services tax to fund the move.
Business rates threaten 4 out of 5 retailers with closure
Calls for rates reform ahead of Government review.
Call to scrap proposed basis period reform
Reform could create as many problems as it solves.
Monthly borrowing figures start to climb down
Borrowing in June 2021 was the second highest on record.
Simplified tax reporting for self-employed announced
A fifth of self-employed people will face extra one-off costs.
National Food Strategy calls for £3bn salt and sugar tax
It could cost households up to £172 a year.