New figures from the Office for National Statistics suggest that business creation in the UK slowed during the third quarter of 2026, although the number of businesses closing also declined slightly.According to statistics published on 29 October, 69,895 businesses were added to the Inter-Departmental Business Register between July and September 2026, representing a decrease of…
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Import tariff relief extended for businesses
Businesses importing certain goods into the UK have received welcome news following the government's announcement on 23 October 2026 that existing import tariff suspensions on more than 250 products will be extended.The measures are intended to reduce costs for businesses using imported materials and components, particularly in industries where suitable domestic alternatives may be limited…
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Are rising costs squeezing your margins?
New figures from the Office for National Statistics suggest that many UK businesses are facing renewed pressure on their operating costs, even where they have not been able to increase the prices charged to customers.In its Business Insights and Conditions Survey published on 22 October 2026, the ONS reported that 33% of trading businesses experienced…
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Need proof of UK tax residence?
HMRC has updated its guidance on how individuals and organisations can apply for a certificate of residence or letter of confirmation to prove UK tax residence.A certificate of residence can be used to claim tax relief in another country where UK residents pay tax on foreign income. It confirms to the overseas tax authority that…
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