Economy
Spring Budget: Corporation tax to rise to 25%
Wednesday, 15 March 2023, 13:38
Spring Budget: Corporation tax to rise to 25%
Corporation tax is set to rise from 19% to 25% for firms with profits over £250,000, as part of a…
UK GDP grows by 0.3% in January
Friday, 10 March 2023, 10:56
UK GDP grows by 0.3% in January
Monthly gross domestic product (GDP) is estimated to have increased by a narrow 0.3% in January, with a faster recovery…
HMRC appoints interim adjudicator
Wednesday, 8 March 2023, 10:40
HMRC appoints interim adjudicator
Paul Douglas has been appointed as HMRC’s interim adjudicator, taking over from the current adjudicator, Helen Megarry, on 13 March.…
Govt extends deadline for voluntary NI contributions
Wednesday, 8 March 2023, 9:49
Govt extends deadline for voluntary NI contributions
The government has extended the voluntary national insurance (NI) deadline to 31 July 2023, giving taxpayers more time to fill…
Accountancy bodies urge chancellor to improve HMRC services
Wednesday, 1 March 2023, 11:38
Accountancy bodies urge chancellor to improve HMRC services
An open letter urging the chancellor to improve HMRC’s service levels has been signed by ten leading UK professional bodies. …
PM agrees new Brexit deal with EU for NI
Tuesday, 28 February 2023, 10:59
PM agrees new Brexit deal with EU for NI
Prime minister Rishi Sunak has agreed a deal with the head of the European Commission, Ursula von der Leyen, for…
HMRC shuts down tax agency after anti-money laundering breaches
Monday, 20 February 2023, 10:43
HMRC shuts down tax agency after anti-money laundering breaches
A tax agency which charged taxpayers “significant” sums to make claims for tax refunds has been stopped from operating by…
HMRC urges companies to crack down on R&D tax fraud and error
Thursday, 16 February 2023, 10:21
HMRC urges companies to crack down on R&D tax fraud and error
HMRC has written to more than 2,000 companies as part of its ever-increasing compliance activity to crack down on fraudulent…
Inflation falls to 10.1% in January
Wednesday, 15 February 2023, 10:37
Inflation falls to 10.1% in January
Inflation slowed for the third consecutive month in January to 10.1%, down from 10.5% in December, but remains close to…
UK narrowly avoids recession as economy flatlines in Q4
Friday, 10 February 2023, 11:12
UK narrowly avoids recession as economy flatlines in Q4
The UK economy narrowly avoided recession as the latest figures from the Office for National Statistics (ONS) shows there was…