The National Minimum Wage is the single most successful economic policy in a generation, says think tank

Apr 02, 2024

The introduction of the UK's National Minimum Wage (NMW) in 1999 is the single most successful economic policy in a generation, according to the Resolution Foundation.

The NMW has increased…

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HMRC's services having a negative impact on SME productivity

Mar 29, 2024

The productivity and efficiency of SMEs is suffering as a result of poor HMRC services, according to members of the Association of Chartered Certified Accountants (ACCA).

In a survey of ACCA…

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Easter Office Opening Hours

Mar 27, 2024

Happy Easter from the team at Armstrongs!

Armstrongs will be closed on Good Friday (29th March) and…

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Bank holds interest rates as inflation and economy show improvement

Mar 26, 2024

The Bank of England held interest rates at 5.25% despite continued falls in the rate of inflation and a return for growth for the UK economy in January.

The Bank's Monetary Policy Committee…

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Relief at HMRC's reversal of helpline closures

Mar 21, 2024

HMRC's decision to halt its plans to restrict taxpayer helplines and direct people to online services instead has been met with relief by the Federation of Small Businesses (FSB).

The tax authority…

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New HMRC R&D tax relief guidance 'could be clearer', says ICAEW

Mar 18, 2024

New guidance from HMRC on Research and Development (R&D) tax relief 'could be clearer', according to the Institute of Chartered Accountants in England and Wales (ICAEW).

HMRC's draft…

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New measures aim to 'break the spell' of fraudsters

Mar 12, 2024

New measures aim to 'break the spell' of financial fraudsters by giving payment providers more time, according to draft legislation published by the government.

Until now, payment service providers…

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Business groups say challenges remain despite encouraging Budget

Mar 11, 2024

The UK's business groups warned that challenges remain despite the Chancellor delivering an encouraging Spring Budget.

The British Chambers of Commerce (BCC) said that while the cut to NICs…

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Jeremy Hunt cuts NICs again in the Spring Budget

Mar 08, 2024

The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023. The rates for NICs will be cut by two percentage points for both…

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