Record 11.7 million tax returns received on time
A record 11.7 million self assessment taxpayers submitted their tax returns by the 31 January deadline, HMRC has revealed. The final day...
top of page
NEWS AND UPDATES
- 2 days ago
- 3 min
Welcome Aboard
Welcome Aboard After the challenges of Covid-19, which appears to have now stabilised, employers are now facing uncertainty as a result...
16 views0 comments
- 6 days ago
- 2 min
Inflation remains close to 40 year high
Inflation remains close to a 40-year high despite falling in January, according to the latest data from the Office for National...
10 views0 comments
- Mar 14
- 1 min
Spring Budget must ease cost pressures on businesses says BCC
The British Chambers of Commerce (BCC) has urged Chancellor Jeremy Hunt to use the upcoming Spring Budget to help ease cost pressures on...
8 views0 comments
- Mar 14
- 1 min
HMRC sounds warning on new VAT penalties
HMRC is reminding VAT-registered businesses to file their VAT returns and pay on time ahead of new penalties being applied. The tax...
9 views0 comments
- Mar 13
- 1 min
UK economy narrowly avoided recession last year
The UK narrowly avoided falling into recession in 2022 after the economy saw zero growth between October and December, according to the...
5 views0 comments
- Feb 27
- 1 min
BCC warns SME exporters "under tightening pressure"
The British Chambers of Commerce (BCC) has warned that small and medium-sized enterprises (SMEs) that export are facing 'tightening...
19 views0 comments
- Feb 21
- 1 min
Pensioners outnumber young people for filing self assessment tax returns
HMRC has revealed that more pensioners filed a tax return for the 2020/21 tax year compared to young people. Overall, those aged 65 and...
9 views0 comments
- Feb 20
- 1 min
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...
4 views0 comments
- Feb 20
- 1 min
Government launches consultation on R&D relief
The government has launched a consultation on simplifying the UK's research and development (R&D) tax relief system, driving innovation...
9 views0 comments
- Feb 17
- 1 min
Bank of England raises interest rates to highest level in 14 years
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...
24 views0 comments
- Feb 13
- 1 min
Energy bill support for firms to be reduced from April
Businesses will receive reduced support for their energy bills from April as the UK government attempts to cut the cost of compensating...
8 views0 comments
- Jan 23
- 1 min
Government extends mortgage guarantee scheme
The Mortgage Guarantee Scheme will be extended by a year to the end of December 2023, helping people with 5% deposits on to the property...
12 views0 comments
- Jan 13
- 1 min
Tax non-compliance during pandemic cost UK £9 billion
Tax non-compliance during the pandemic cost the UK government £9 billion, according to a report from the National Audit Office (NAO)....
15 views0 comments
- Jan 9
- 1 min
MTD for ITSA delayed for two more years
The Treasury has announced that Making Tax Digital for income tax self assessment (MTD for ITSA) will be delayed for two more years until...
12 views0 comments
- Dec 19, 2022
- 1 min
World Cup Table Football Charity Fundraiser
We made it! We finished our 24-hour football table "World Cup" at noon on Friday 16th December. Thank you to everyone who has so...
24 views0 comments
- Dec 14, 2022
- 2 min
Tax burden rises following Autumn Statement
The UK's tax burden will rise after Chancellor Jeremy Hunt reduced the threshold on the top rate of tax and announced freezes on other...
30 views0 comments
- Oct 21, 2022
- 1 min
SME's facing recruitment struggles
Eight in ten small businesses are finding it difficult to recruit staff, according to a report published by the Federation of Small...
8 views0 comments
- Oct 14, 2022
- 1 min
HMRC raises late payment interest from 11 October
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...
17 views0 comments
- Oct 14, 2022
- 1 min
Action Fraud warns scammers are exploiting cost of living crisis
Action Fraud has warned that criminals are using the ongoing cost-of-living crisis to target the public with energy rebate scams. Action...
16 views0 comments
bottom of page