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.
Read more
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.
Read moreThe number of self assessment taxpayers filing their tax return on the first day of the tax year has more than doubled since 2018, HMRC has revealed.
Read moreHMRC is reminding employed workers they can claim a refund on work-related expenses on the GOV.UK website.
Read moreThe UK rate of inflation fell to 8.7% in April from 10.1% in March.
Read moreThe Public Accounts Committee (PAC) has criticised the government for losing billions of taxpayers' money to fraud and error in pandemic support.
Read moreBusinesses are still facing major difficulties in hiring new staff, according to a survey conducted by the British Chambers of Commerce (BCC).
Read moreThe Trades Union Congress (TUC) has stated that UK employees must be protected from workplace decisions made by artificial intelligence (AI) systems.
Read more£177.6 million was lost to impersonation scams in 2022, data published by trade association UK Finance has revealed.
Read moreResearch carried out by think tank the Resolution Foundation has suggested that the size of the UK's six-year 'stealth tax' threshold freeze has nearly trebled to £25 billion.
Read moreUK inflation has dropped, but remains in double-digit levels, as the cost-of-living crisis eased slightly in March.
Read moreHMRC has reminded businesses that file VAT returns annually that the online VAT filing portal will close from 15 May 2023.
Read moreHMRC recently issued preliminary guidance in regard to the abolition of the pensions lifetime allowance.
Read moreThe UK's business groups largely welcomed the measures taken in the Chancellor's Spring Budget.
Read moreA £27 billion transformation of capital allowances from April was announced by Chancellor Jeremy Hunt as he delivered a 'Budget for growth'.
Read moreInterest rates have been increased to 4.25% from 4% by the Bank of England (BoE) as it tries to slow rising prices.
Read moreThe government has extended the voluntary national insurance deadline to give taxpayers more time to fill gaps in their contributions and boost their state pensions.
Read moreHMRC has revised interest rates with late payment bills charged 6.75% from 13 April, the highest level since January 2008.
Read moreThe end of the Energy Bill Relief Scheme (EBRS) on 1 April could threaten the future of hundreds of thousands of small firms, according to research by the Federation of Small Businesses (FSB).
Read moreTwo freeports have been confirmed for Wales by the UK and Welsh governments.
Read moreTax Tables for 2023 to 2024 download our free quick reference tax card to see how the budget affects you and your business. For help and advice contact 01942 322767.
Read moreHMRC has reminded married couples eligible for the Marriage Allowance to make use of the tax relief.
Read moreReady to transform your financial journey?
Let's connect.