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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
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.Government finances show biggest surplus in 30 years
A £16.7bn surplus has been reported.Maximum council tax hikes imminent
Most English councils to raise council tax by 4.99%.Record long-term sickness could harm economy
UK’s workforce is 700,000 smaller than pre-Covid levels.UK enters recession amid economic challenges
GDP falls by 0.3%.HMRC cautions self-assessment customers against scammers
There has been a 14% increase in suspicious contacts.UK annual inflation remains stable at 4%
Food and furniture costs ease.ICAEW issues manifesto ahead of Spring Budget
Recommendations will “promote economic renewal”.
Latest blog
Theatre Tax Relief – Orchestras
Guest blogger Sean Egan talks about Orchestra Tax Relief……