Office closure today

Oct 14, 2022

Our Nuneaton & Coventry offices will close at 1pm today.

We are undertaking team building at Armstrongs this afternoon, so our Coventry & Nuneaton offices will be closed from 1pm.

Our…

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Promotion and exam success at Armstrongs

Oct 10, 2022

Armstrongs has recently promoted one of its accountants, demonstrating our commitment to employee career progression.

Armstrongs has promoted Curtis Watson to the position of Manager. Curtis…

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Government caps business energy bills

Oct 06, 2022

Wholesale energy prices for businesses will be capped at 'less than half' of the anticipated winter levels under the government's support package.

The Energy Bill Relief Scheme offers discounts…

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Government abandons plan to scrap 45p top rate of income tax

Oct 06, 2022

The government has abandoned its plan to abolish the 45% top rate of income tax due to the negative reaction it has received.

Chancellor Kwasi Kwarteng first announced the policy in the Mini…

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Chancellor outlines growth measures at Mini Budget

Oct 06, 2022

Chancellor Kwasi Kwarteng used the 2022 Mini Budget to announce a series of tax cuts for businesses and individuals.

The Chancellor confirmed that the 1.25% rise in national insurance contributions…

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IMF criticises government over tax plans

Oct 06, 2022

The International Monetary Fund (IMF) warned the UK government against 'large and untargeted fiscal packages' following the Mini Budget.

The IMF stated that tax measures announced by Chancellor…

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VAT businesses must be ready for Making Tax Digital filing by November

Oct 06, 2022

HMRC is reminding businesses that they will no longer be able to use their existing Value Added Tax (VAT) online account to submit VAT returns from 1 November.

By law, all VAT-registered businesses…

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SMEs facing recruitment struggles

Oct 06, 2022

Eight in ten small businesses are finding it difficult to recruit staff, according to a report published by the Federation of Small Businesses (FSB).

The FSB's 'Scaling up Skills' report found…

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HMRC raises late payment interest from 11 October

Oct 06, 2022

HMRC will raise interest rates on tax debt from 11 October following the 0.5% increase in the base rate.

This means that the late payment interest rate will increase to 4.75% from 11 October…

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