Chancellor outlines growth measures at Mini Budget

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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Chancellor announces Spring Budget date

Chancellor Jeremy Hunt has announced that the Spring Budget will be delivered on 15 March 2023.

Mr Hunt stated that he has commissioned the Office for Budget Responsibility (OBR) to prepare…

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Fewer firms investing in training despite skills shortage

Fewer firms are increasing their investment in training and development despite a skills shortage, according to a survey by the Confederation of British Industry (CBI).

The survey found that…

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Advisory fuel rates for company cars

New company car advisory fuel rates have been published and took effect from 1 March 2023.

The guidance states: 'you can use the previous rates for up to one month from the date the new…

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HMRC increases late payment interest rate

Following the Bank of England's latest increase in the base rate, HMRC has increased both late paid tax and the rate paid on repayments of tax.

The Bank increased the base rate to 4.5% from…

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HMRC closes self assessment helpline for three months

HMRC is planning to close its self assessment tax helpline for three months over the summer to focus call centre resources on dealing with other problem calls.

All calls to the helpline will…

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Chancellor must use Autumn Statement to cement commitment to small firms

The Chancellor should cement the government's commitment to small businesses in his Autumn Statement, according to the Federation of Small Businesses (FSB).

The FSB has called for a strong…

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Advisory fuel rates for company cars

New company car advisory fuel rates have been published and took effect from 1 December 2023.

The guidance states: 'you can use the previous rates for up to one month from the date the…

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More than 500 firms named and shamed for underpaying staff

The government has named and shamed over 500 UK employers for underpaying their employees.

524 businesses were named for failing to pay the minimum wage to pay 172,000 workers, with offending…

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