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Keep informed regarding the world of business. There’s always something new to learn or a piece of information that could be vital for your business going forward. We keep you as updated as we can, with regular updates regarding tax, legislation, payroll changes, and everything in between. If you feel like we’ve missed something important, then let us know. We’re not too proud to do some research into an area we don’t know about. In fact, we enjoy it.
Bank of England raises interest rates to 4.5%
Rate increases for 12th time since December 2021.ICAEW asks HMRC to rethink quarterly reports
The administrative burden dubbed “disproportionate”.Strike action will impact HMRC helplines.
Over 400 HMRC employees will strike from 10 May.IR35 consultation aims to stop double taxation
HMRC will run the consultation until June 2023.ACCA calls for action to tackle late payment
Delayed payments affecting the UK economy.ACCA calls for action to tackle late payment
Poor payment practices have severe consequences for SMEs.Government launches cryptoassets consultation
Proposed changes will introduce new rules for DeFi transactions.Government extends VAT exemption for pharmacists
New zero-rating rules apply from 1 May.SME confidence increases in 2023
Confidence improves across all major sectors.HMRC launches IR35 review
Consultation will focus on risks of double taxation.
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