Capital allowances reformed in 'Budget for growth'

Apr 05, 2023

A £27 billion transformation of capital allowances from April was announced by Chancellor Jeremy Hunt as he delivered a 'Budget for growth'.

The Spring Budget followed an improved forecast…

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Easter Holiday Opening Hours

Apr 04, 2023

Easter Holiday Opening Hours 2023

Armstrongs will be closed on Good Friday (7th April) and Easter Monday (10th April) for…

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Small businesses at risk as energy costs rise

Mar 31, 2023

The end of the Energy Bill Relief Scheme (EBRS) on 1 April could threaten the future of hundreds of thousands of small firms, according to research by the Federation of Small Businesses (FSB).

The…

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HMRC late payment interest rate

Mar 27, 2023

HMRC has revised interest rates with late payment bills charged 6.75% from 13 April, the highest level since January 2008.

The late payment and repayment interest rates follow the rise in the…

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Bank of England raises UK interest rates

Mar 24, 2023

Interest rates have been increased to 4.25% from 4% by the Bank of England (BoE) as it tries to slow rising prices.

The BoE's decision to increase rates for the 11th time in a row comes after…

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Budget 2023

Mar 16, 2023

Chancellor Jeremy Hunt delivered a 'Budget for Growth' yesterday after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation…

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Taxpayers given more time for voluntary national insurance contributions

Mar 13, 2023

The government has extended the voluntary national insurance deadline to give taxpayers more time to fill gaps in their contributions and boost their state pensions.

The extension comes after…

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HMRC sounds warning on new VAT penalties

Mar 06, 2023

HMRC is reminding VAT-registered businesses to file their VAT returns and pay on time ahead of new penalties being applied.

The tax authority says that the new penalties will be 'fairer…

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Spring Budget must ease cost pressures on businesses, says BCC

Mar 06, 2023

The British Chambers of Commerce (BCC) has urged Chancellor Jeremy Hunt to use the upcoming Spring Budget to help ease cost pressures on small businesses.

Research carried out by the BCC revealed…

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