Business and Trade Secretary kicks off 2024 with trip to Turkey to boost trade. For more details please check the following link https://www.gov.uk/government/news/business-and-trade-secretary-visits-turkey-to-boost-trade-ties
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British business leaders, innovators and international trade champions recognised in the King’s 2024 New Year Honours List
Secretary of State for Business and Trade congratulates those honoured. For more details please check the following link https://www.gov.uk/government/news/british-business-leaders-innovators-and-international-trade-champions-recognised-in-the-kings-2024-new-year-honours-list
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Next warns of supply delays due to Red Sea shipping attacks
Next has warned supplies of its products could be delayed if disruption to shipping in the Red Sea continues. For more details please check the following link https://www.bbc.com/news/business-67879640
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UK Export Finance backs Six Flags Qiddiya City deal in win for UK businesses
The UK’s export credit agency has guaranteed an Islamic Murabaha financing facility for the development of Six Flags Qiddiya City near Riyadh, Saudi Arabia. For more details please check the following link https://www.gov.uk/government/news/uk-export-finance-backs-six-flags-qiddiya-city-deal-in-win-for-uk-businesses
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Airbnb, eBay, Vinted and other apps to share more information with HMRC
Are you raking it in selling clothes online? Is letting out your spare room proving a nice little earner? For more details please check the following link https://www.bbc.com/news/business-67855872
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New workers rights and benefits
The government has set out the next stages for a number of new Workers' Rights Acts to support UK workers. In a recent press release they said: “The Employment (Allocation of Tips) Act 2023, which became law in May this year, requires employers to pass all tips on to workers. “Most employers already pass on…
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First-time buyers fall to ‘lowest level in a decade’
Yorkshire Building Society said around 290,000 first-time property owners entered the mortgage market in 2023 - a decline of more than a fifth on 2022's total. For more details please check the following link https://news.sky.com/story/first-time-buyers-fall-to-lowest-level-in-a-decade-13040737
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UK manufacturing sector shrinks for 17th month in a row
Output, new orders and employment in the industry all fell last month, according to a closely-watched survey. For more details please check the following link https://news.sky.com/story/uk-manufacturing-sector-shrinks-for-17th-month-in-a-row-13040868
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Countdown for 5.7 million customers to file their tax return
Self Assessment customers have less than one month to file their tax returns. For more details please check the following link https://www.gov.uk/government/news/countdown-for-57-million-customers-to-file-their-tax-return
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Tax Diary January/February 2024
1 January 2024 - Due date for Corporation Tax due for the year ended 31 March 2023. 19 January 2024 - PAYE and NIC deductions due for month ended 5 January 2024. (If you pay your tax electronically the due date is 22 January 2024). 19 January 2024 - Filing deadline for the CIS300 monthly…
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