Economy
Inheritance tax receipts reach £4.1bn
Tuesday, 22 November 2022, 10:00
Inheritance tax receipts reach £4.1bn
The Treasury has received £4.1bn in inheritance tax receipts between April and October 2022, £500m more than the same period…
UK extends Swiss Mobility Services Agreement
Monday, 21 November 2022, 10:01
UK extends Swiss Mobility Services Agreement
The UK and Switzerland have agreed a three-year extension to the Services Mobility Agreement, which enables UK professionals to work…
Industry reacts: Autumn Statement ‘light on growth’
Friday, 18 November 2022, 11:05
Industry reacts: Autumn Statement ‘light on growth’
While the accountancy sector has welcomed the “stability” encouraged by the latest Autumn budget, it has warned the UK now…
Chancellor freezes tax thresholds in Autumn statement
Thursday, 17 November 2022, 12:40
Chancellor freezes tax thresholds in Autumn statement
Chancellor Jeremy Hunt has announced a raft of measures to help “stabilise” the UK economy and reduce inflation, with tax…
Rising energy and food costs push inflation to 11.1%
Wednesday, 16 November 2022, 10:20
Rising energy and food costs push inflation to 11.1%
Inflation has risen to a 41-year high of 11.1% in October, according to data from the Office for National Statistics…
UK economy contracts 0.2% in Q3
Friday, 11 November 2022, 10:50
UK economy contracts 0.2% in Q3
The first signs of the UK entering a recession reared its head in the last quarter as the economy contracted…
Big businesses are HMRC’s ‘best bet’ for tax yields, says Pinsent Masons
Tuesday, 8 November 2022, 10:51
Big businesses are HMRC’s ‘best bet’ for tax yields, says Pinsent Masons
Every pound spent on investigating large businesses yielded £56 in extra tax for HMRC last year, according to law firm…
BoE raises interest rates to 3%
Thursday, 3 November 2022, 14:20
BoE raises interest rates to 3%
The Bank of England (BoE) has raised the base rate of interest to 3%, an increase of 0.75%, as it…
Uber settles £615m VAT claim with HMRC
Wednesday, 2 November 2022, 11:09
Uber settles £615m VAT claim with HMRC
Uber has confirmed in its third quarter results it has agreed to a £615m settlement with HMRC in order to…
Corporate insolvencies up 71% in Q3
Friday, 28 October 2022, 11:20
Corporate insolvencies up 71% in Q3
Corporate insolvencies increased 71% in Q3 with formal corporate insolvency appointments currently over 50% higher than levels in 2021, according…