Proposals to provide greater protection to UK small businesses on energy bills have been launched by the energy regulator Ofgem. Ofgem's proposals will help to ensure businesses receive the highest standards of service and more clarity on the costs being paid to third party brokers. Ofgem said that it has... read more →
Jan
04
Jan
04
With less than a month to go to the self assessment deadline 5.7 million taxpayers have been urged to file their 2022/23 tax returns by HMRC. HMRC data shows almost 6.5 million customers have already beaten the self assessment clock by filing their tax return. This includes 49,317 taxpayers who... read more →
Jan
04
HMRC recently updated its guidance on off payroll working compliance for employers. The new guidance sets out 'practical steps' for organisations to follow. It affects employers who are responsible for operating off payroll working rules and who engage workers who provide their services through their own intermediary. The guidance states... read more →
Jan
04
The UK is at risk of recession after revised figures showed the economy shrank between July and September, according to data from the Office for National Statistics (ONS). Gross domestic product, which measures the health of the economy, contracted by 0.1% after previous estimates suggested growth has been flat. Meanwhile,... read more →
Jan
04
Chancellor Jeremy Hunt will deliver the 2024 Spring Budget on 6 March, the government has confirmed. The Budget will include the government's tax and spending plans as well as new growth and borrowing forecasts. It could be the last chance for the government to announce significant changes to tax policy... read more →
Dec
04
New company car advisory fuel rates have been published and took effect from 1 December 2023. The guidance states: ‘you can use the previous rates for up to one month from the date the new rates apply’. The rates only apply to employees using a company car. The advisory fuel... read more →
