Business news
Inflation wipes out wage growth
Regular pay is down 0.8% in real terms.
UK economy contracted by 0.2% in December 2021
GDP equal to its pre-pandemic level.
HMRC issues marriage allowance reminder
Spouses can save up to £252 in 2021/22.
1 in 5 Scottish firms fear rising payroll costs
Scottish accountants cite concerns over clients’ futures.
MPs call to replace £38bn motoring taxes
Motoring taxation revenue forecast as zero by 2040.
Auto-enrolment threshold frozen for 2022/23
Freeze expected to bring 17,000 more employees onto the scheme.
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