HM Revenue & Customs (HMRC) has rolled out a new disclosure service for companies that have inadvertently overclaimed research and development (R&D) tax relief and failed to amend their returns. The move underscores the government’s intensified crackdown on misuse of the scheme, which reportedly cost the
Tide, the fast-growing SME-focused banking services platform, is lining up a fresh share sale valued at more than £50m as it expands its presence in the UK and abroad. The company is understood to be in discussions with investment banks, including Morgan Stanley, about overseeing the
It wasn’t so long ago that having the option to work from your lounge in your slippers felt like a futuristic dream bordering on utopia.Yet here we are, practically on the doorstep of the full remote revolution, and I’m watching a queue of business leaders
BW FILE PHOTOTHE PESO may move sideways against the dollar this week following stronger-than-expected US data and as the market awaits the release of key economic reports in the coming days.The local unit closed the shortened trading week at P58.20 per dollar on Friday, weakening
BW FILE PHOTOPHILIPPINE STOCKS could extend their climb this week as trading volumes normalize and as the market awaits the release of key economic data.On Friday, the Philippine Stock Exchange index (PSEi) rose by 0.81% or 53.42 points to end at 6,603.81, while the broader
PHILSTAR FILE PHOTOBy Adrian H. Halili, ReporterTHE biodiesel industry is competing for the limited supply of coconuts, crowding out exporters of products like coconut oil and coconut water, industry officials said.“The recent increase in the country’s biodiesel requirement may possibly divert more coconuts for domestic
SMCGLOBALPOWER.COM.PHTHE Philippine Solar and Storage Energy Alliance (PSSEA) has urged the Department of Energy (DoE) to ensure that the fourth round of green energy auction (GEA-4) goes ahead with no delays this year to reassure investors.“The industry strongly urges the Department of Energy… to relentlessly
PHILIPPINE STAR/KRIZ JOHN ROSALESBy Adrian H. Halili, ReporterAS DROUGHT and typhoons continue to disrupt rice production, the need to lower the price paid by the public for the staple grain remains pressing, with the government resorting to lowering the tariffs on imported rice to 15%
PHILIPPINE STAR/EDD GUMBANTHE House of Representatives must pursue more “comprehensive” reforms to the law that liberalized the energy industry, according to an advocacy group, citing the need to reduce power costs.Legislators need to amend the 2001 Electric Power Industry Reform Act (EPIRA) that “uphold the
PHILSTAR FILE PHOTOSUBSIDIES extended to government-owned and -controlled corporations (GOCCs) rose 81.65% year on year in November, the Bureau of the Treasury (BTr) said.The BTr reported that budgetary support to GOCCs amounted to P12.23 billion in November.Month on month, GOCC subsidies rose 2.21%.State-owned firms receive
People buy food items at a market in Quezon City, Nov. 22, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMANTHE International Trade Centre launched last month a climate competitiveness project aimed at helping micro, small, and medium enterprises (MSMEs) comply with trade-related climate change measures, the Philippine
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