Spring Budget 2024: Expectations

National Insurance set to be cut by a further 2%.

Companies House launches new powers to fight fraud

Introduction of powers aims to reduce strain on businesses.

Manufacturing and R&D to receive £360m boost

Funding aims to drive economic growth.

UK house prices rise as interest rates fall

Average house price increased by 1.2% compared to last year.

Service standards at HMRC continue to decline

PAC calls for significant improvements to service levels.

MTD for ITSA: Sole traders and landlords face £320 setup cost

HMRC estimates taxpayers’ initial and ongoing expenses.

UK recovering from mild recession

GDP fell by 0.3% but recovery fuels optimism.

UK banks close over 140,000 SME accounts

New figures indicate a concerning trend in the banking sector.

HMRC launches review on its enquiry powers

Critics demand simpler HMRC powers and penalty systems.

HMRC estimates cost to implement MTD for ITSA

Sole traders and landlords face £350 setup costs.

ICAEW advocates bold future action for economy

Professional body emphasises need for tax simplification.

HMRC performance survey sparks scrutiny

Negative feedback expected due to summer helpline closures.

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