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.
CIOT calls for fairer HMRC repayment interest rates
Late payment penalties are up to 17 times higher than repayment amounts.HMRC targets short-term landlords over unpaid tax
Airbnb and Booking.com hosts must report rental income to HMRC.Inflation drops slightly to 10.1%
Falling fuel prices and the cost of eating out drove down inflation in January.UK “narrowly avoids recession”
ONS figures show zero growth in the last quarter of 2022.UK sets out plans to regulate cryptocurrency
HMRC aims to provide clarity for businesses and consumers.Industry calls for pause of R&D reforms
The House of Lords has expressed concern over some new measures.Millions face 5% council tax hike
Many local authorities plan to raise council tax by the maximum amount in April.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.
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