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.
Corporate insolvencies reach four-year high
Long-term economic issues impact UK businesses.UK economy shrinks by 0.5% in July
Contraction comes amid wet weather and strikes.HMRC signs £140m digital communication deal
Deal part of HMRC’s bid to ease pressure on phone and post staff.13% of UK adults never plan on retiring, new survey suggests
35% of retirees wish they had planned for retirement earlier.Budget unlikely to contain tax cuts amid inflation
Hunt to focus on lowering inflation in November statement.GDP climbs to pre-pandemic levels
Fears of a broken economy prove to be inaccurate.ATT: R&D changes go against simplification remit
Professionals also warn that commencement date is too soon.High inflation makes autumn tax cuts unlikely, says Jeremy Hunt
Warning comes amid hints of interest rate rises.HMRC recognises that R&D system needs improvements
CIOT remains concerned about HMRC’s ‘volume approach’ to claims.Business closures to hit 28,000 in 2024
Rising interest rates adding pressure to finances.
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