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.
HMRC changes profit assessment rules
Affected businesses will see a change in how they complete their returns.CGT incorrectly calculated by HMRC service
Faulty service leads to non-residents paying the wrong amount of tax.Nearly one in four over 40s have no pension
Figures show 16% of people aged 40 to 75 haven’t saved for retirement.Online payment plans help self-assessment customers
Almost 21,600 customers are paying their tax bill in monthly instalments.Tax hikes rumoured for the Autumn Statement
The delayed announcement will take place on 17 November.OTS addresses complications for landlords
Accountants welcome proposals for tax rule simplification.HMRC raises interest on tax debt
Late payment interest rising in line with Bank of England base rate.National Insurance reversal comes into effect
Most working people will receive the 1.25% tax cut from November.Base interest rate rises to 3%
The Bank of England introduces its largest hike in 33 years.HMRC reminds taxpayers to declare SEISS payments
More than 2.9 million people claimed SEISS payments in the 2021/22 tax year.
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