HMRC reminds businesses to update basic PAYE tools
Tools should be updated ahead of National Insurance threshold increase.
Inflation rises to 9.1%
CPI rate at the highest level for 40 years.
HMRC increases checks on R&D claimants
Stricter measures rolled out to crack down on relief abuse.
HMRC late payment fees to be revised
The changes will reflect BoE’s interest rate increase.
Bank of England raises interest to 1.25%
Interest rate hits 13-year-high.
MTD for ITSA opened to more taxpayers
HMRC aims for more testing before rollout in 2024.
Help to Grow extends to more participants
Two people per business can now access training.
Lending trends for SMEs returning to normal
UK Finance report showed uptick in Q1 2022.
Economy contracts in April, figures show
Test and trace decline sees GDP shrink by 0.3%.
Risk of double taxation for SEISS claimants
LITRG warns taxpayers to be wary of self-assessment mistakes.
HMRC targets businesses claiming entrepreneurs’ relief
Taxpayers who sold shares being sent letters by HMRC.
£31m investment to help cut emissions
Funding includes aid to move away from gas oil and improve carbon capture.