Business news
Business updates designed for you
There’s always something new going on in the world of business, so for that very reason we like to keep you updated with bite sized chunks of news. Be it tax legislation change, or the latest HMRC guidelines, we’ve got you covered.
If you have any questions about any news pieces, feel free to get in touch with us through the usual channels – we’re happy to help.
Overpayment of tax on pensions hit £56m
Average tax reclaim form totals £3,551.High tax receipts drive better than expected borrowing figures
Public borrowing £2.7bn below forecasts for June.Government proposes merging R&D tax relief schemes
Changes would present opportunities for tax simplification.Company insolvencies remain high
Insolvencies up 27% on previous year.HMRC has ‘enormous amount of work’ to deliver MTD on time
Accountants call for ‘fresh thinking’ on MTD.High interest rates result in biggest UK wealth fall since World War II
High rates could end a 40-year wealth boom.Falling petrol prices cause inflation to fall to 7.9%
Inflation reaches lowest point in over a year.Four in ten taxpayers unable to speak to adviser over phone
Taxpayer satisfaction with HMRC services falls.Interest rate rises deliver biggest wealth fall for households since World War II
High rates could end 40-year wealth boom.UK economy remains on shaky ground
GDP falls by 0.1% in May.
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