The Bank of England (BoE) has raised the base rate of interest to the highest level in 14 years.
The BoE raised interest rates for the tenth consecutive time on 2 February with a half point…
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The Bank of England (BoE) has raised the base rate of interest to the highest level in 14 years.
The BoE raised interest rates for the tenth consecutive time on 2 February with a half point…
HMRC is reminding VAT-registered businesses to file their VAT returns and pay on time ahead of new penalties being applied.
The tax authority says that the new penalties will be 'fairer…
Businesses are still facing major difficulties in hiring new staff, according to a survey conducted by the British Chambers of Commerce (BCC).
The latest Quarterly Recruitment Outlook (QRO),…
The Institute of Chartered Accountants in England and Wales (ICAEW) has written to HMRC regarding how Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) can be better shaped to suit…
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…
Less than 1% of small firms have benefitted from key local support schemes across England on net zero, according to research from the Federation of Small Businesses (FSB) and Warwick Business School.
The…
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 has published the latest issue of the Employer Bulletin. The February issue has information on various topics, including:
On 17 March, Chancellor Rishi Sunak unveiled a £330 billion package of support for the UK economy as it combats the COVID-19 pandemic. The measures dwarf the £12 billion made available in the 2020…
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