HMRC starts chasing up SEISS overpayments

May 07, 2022

HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants.

From April, HMRC is writing to taxpayers whose entitlement to the fourth or the fifth SEISS…

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UK government unveils energy strategy

May 07, 2022

Up to eight more nuclear reactors could be delivered to existing sites as part of the UK's new energy strategy.

The plan, which aims to boost UK energy independence and tackle rising prices,…

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Treasury announces it will regulate some forms of cryptocurrency

May 07, 2022

The Treasury has announced that it plans to recognise stablecoins as a valid form of payment as part of a wider government initiative to 'make Britain a global hub for cryptoasset technology and investment'.

The…

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HMRC names avoidance scheme promoters for first time

May 07, 2022

HMRC has named two tax avoidance schemes and their promoters for the first time, advising anyone involved to withdraw from them as soon as possible to prevent the build up of large tax bills.

Both…

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New HMRC one-stop online shop provides taxpayers with tax relief information

May 07, 2022

HMRC has launched a new one-stop online shop designed to provide taxpayers with information on the tax reliefs and financial help available from HMRC.

In a new section of the GOV.UK website,…

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Export growth is 'stagnant', BCC finds

May 07, 2022

Data published by the British Chambers of Commerce (BCC) shows that UK export growth has been effectively stagnant for the past year.

The BCC's quarterly Trade Confidence Outlook revealed that…

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Latest guidance for employers

May 07, 2022

HMRC has published the latest issue of the Employer Bulletin. The April issue has information on various topics including:

  • Forthcoming deadlines
  • Claiming employment allowance…

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Government inaction on long COVID could cost billions

May 07, 2022

There are now more than a million workers missing from the workforce compared to pre-pandemic figures, according to a report published by the IPPR think tank.

About 400,000 of these are no longer…

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