The largest overhaul of alcohol duty in 140 years sees drinks taxed by strength rather than category from 1 August.
It also sees the introduction of Small Producer Relief, which aims to help…
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Jul 31, 2023
The largest overhaul of alcohol duty in 140 years sees drinks taxed by strength rather than category from 1 August.
It also sees the introduction of Small Producer Relief, which aims to help…
Jul 28, 2023
Almost a million young people have yet to access savings contained in Child Trust Funds (CTFs), according to a report by Parliament's Public Accounts Committee (PAC).
The PAC said over £1.7…
Jul 25, 2023
The UK's rate of inflation fell to 7.9% in the year to June while the country's economy shrank in May, according to the latest Consumer Prices Index (CPI) published by the Office for National Statistics…
Jul 13, 2023
HMRC has increased interest rates with late payment bills charged 7.5% from 11 July, the highest rate since 2001.
The move follows the Bank of England's June increase in the base rate with HMRC…
Jul 10, 2023
A new fuel finder scheme to enable drivers access to live fuel prices and revitalise competition in the retail road fuel market, according to the Competition and Markets Authority (CMA).
The…
Jul 10, 2023
A report published by the National Audit Office (NAO) has found that HMRC's Making Tax Digital (MTD) initiative is expected to cost around £1 billion more than its initial £226 million budget, which…
Jul 06, 2023
Over 200 employers have been named by the government for failing to pay their lowest paid employees the minimum wage.
The 202 employers were found to have failed to pay their workers almost…
Jul 05, 2023
HMRC has extended the voluntary national insurance contributions (NICs) deadline until 2025.
Extending the voluntary NICs deadline until 2025 will give people more time to consider whether paying…
Jul 04, 2023
The UK's rate of inflation plateaued at 8.7% in May, data published by the Office for National Statistics (ONS) has shown.
Inflation was expected to fall in May but remained at 8.7% - the same…
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