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Business News
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.
Tax hikes rumoured for the Autumn Statement
The delayed announcement will take place on 17 November.OTS addresses complications for landlords
Accountants welcome proposals for tax rule simplification.HMRC raises interest on tax debt
Late payment interest rising in line with Bank of England base rate.National Insurance reversal comes into effect
Most working people will receive the 1.25% tax cut from November.Base interest rate rises to 3%
The Bank of England introduces its largest hike in 33 years.HMRC reminds taxpayers to declare SEISS payments
More than 2.9 million people claimed SEISS payments in the 2021/22 tax year.Third of hospitality businesses at risk of going bust
Soaring energy and food prices are putting a strain on the sector.One in ten companies still file their accounts on paper
Record numbers of late penalties charged despite high compliance levels.Weekly footfall below pre-pandemic levels
Credit and debit card spending drops across all areas.HMRC warns of paper tax return deadline
Self-assessment taxpayers have until 31 October to file.
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