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The UK's interest rate has been raised to 5.25% by the Bank of England, as it continues to try and bring inflation under control.

The Bank's Monetary Policy Committee increased the rate by…

Chancellor Jeremy Hunt used his Autumn Statement to make Full Expensing permanent for those businesses investing in IT equipment, plant and machinery.

The Chancellor said he was aiming to…

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…

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

• 2024 National Insurance contributions rate changes
…

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…

Higher than expected government borrowing has reduced the Chancellor's 'wiggle room' at a pre-election Budget.

Government borrowing - the difference between spending and tax income…

The UK's business groups have pledged to work in partnership with the new Labour government to revitalise the nation's economy.

Labour leader Sir Keir Starmer is the new Prime Minister after…

The UK's economic recovery is finally putting 'down roots' after GDP grew faster than expected in May, says the Confederation of British Industry (CBI).

The UK economy expanded by 0.4% in…

The 5p cut in fuel duty to be scrapped in the upcoming Autumn Budget, according to the RAC.

The motoring organisation says that motorists in the UK are 'not gaining any benefit' and…