Countdown for 5.7 million to file their 2022/23 self assessment tax return

Jan 10, 2024

With less than a month to go to the self assessment deadline 5.7 million taxpayers have been urged to file their 2022/23 tax returns by HMRC.

HMRC data shows almost 6.5 million customers have…

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Spring Budget 2024 date confirmed for 6 March

Jan 08, 2024

Chancellor Jeremy Hunt will deliver the 2024 Spring Budget on 6 March, the government has confirmed.

The Budget will include the government's tax and spending plans as well as new growth and…

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Over 50s bucking decline in freelance numbers

Jan 05, 2024

Tens of thousands more over 50s are now running their own businesses despite an overall decline in self-employment since 2020, according to the Association of Independent Professionals and the Self-Employed…

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UK at risk of recession after economy shrinks

Jan 03, 2024

The UK is at risk of recession after revised figures showed the economy shrank between July and September, according to data from the Office for National Statistics (ONS).

Gross domestic product,…

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HMRC updates off payroll compliance guidance

Dec 22, 2023

HMRC recently updated its guidance on off payroll working compliance for employers.

The new guidance sets out 'practical steps' for organisations to follow. It affects employers who…

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Businesses say hybrid working is here to stay

Dec 20, 2023

Less than 30% of firms expect their workforce to fully return to the workplace over the next five years, according to research by the British Chambers of Commerce (BCC).

The survey of over 1,000…

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Red tape, rising costs and regulation 'holding back exports'

Dec 12, 2023

Red tape, rising costs and increasing regulation are holding back exports, a survey of UK businesses carried out by the British Chambers of Commerce (BCC) has found.

Current customs checks and…

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Latest guidance for employers

Dec 08, 2023

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

  • National Minimum Wage, Geographical Compliance Approach…

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Rate of inflation falls as interest rates held

Dec 04, 2023

UK inflation fell to a two-year low while the base rate of interest was unchanged by the Bank of England for the second month in a row.

The Office for National Statistics (ONS) found that the…

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