Business news
Every working day, we’ll publish one story on the hottest tax, business or personal finance developments. From mortgages to inheritance tax, from Making Tax Digital to IR35, if there’s something occurring that will effect our clients, we want to make sure they know about it without having to wade through government papers or press releases. If you want to know more about the implications of any of these stories on your financial situation, get in touch – we’re always happy to talk.
NIC top-up window to reduce from April
The ICAEW is urging taxpayers to check their National Insurance records.ICAEW calls for taskforce to tackle HMRC backlog
"Unacceptable delays" are stifling the UK's economic growth.HMRC pauses MTD for ITSA pilot
The decision will allow the tax authority to refresh its testing strategy.PM restructures departments to boost the economy
New departments will focus on supporting growth and achieving net zero.HMRC raises interest rates on tax debt
The new penalties will apply from 21 February.Company insolvencies surge in 2022
Insolvency figures hit 2,190 – their highest level since 2009.Bank of England raises interest rates to 4%
The latest increase is the highest base rate in 14 years.Directors’ economic confidence rises
Business leader confidence hits its highest level since March 2022.Millions of taxpayers leave returns until the last minute
2.7 million self-assessment customers were yet to file just hours before the deadline.HMRC publishes updated VAT penalty regime
The updated penalty system came into effect on 3 January.
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