First budget surplus during COVID-19 pandemic
January 2022 sees budget surplus of £2.9bn.
Retail sales pick up in January after December slump
Sales grew by 1.9% in January 2022.
£80m Scottish support package unveiled
Funding made up by underspend from previous COVID support.
ATT urges Govt. to ‘rethink’ R&D relief plans
Changes due to start from April 2023.
Taxpayers flock to use time-to-pay plans
£310 million paid in instalments since April 2021.
Just 1 in 5 think inheritance tax is fair
More estates are being dragged into paying death duties.
HMRC eyes reform of stamp taxes and multiple dwellings
Changes in the pipeline for multiple dwellings relief and how mixed-use properties are taxed.
Grant deadline looms for hospitality firms
Omicron-hit firms have until later this month to claim for grants worth up to £6,000.
Inflation wipes out wage growth
Regular pay is down 0.8% in real terms.
UK economy contracted by 0.2% in December 2021
GDP equal to its pre-pandemic level.
HMRC issues marriage allowance reminder
Spouses can save up to £252 in 2021/22.
1 in 5 Scottish firms fear rising payroll costs
Scottish accountants cite concerns over clients’ futures.