Tax cut promises may need to be scrapped as a result of the UK being in an 'unfortunate economic and fiscal bind', the Institute for Fiscal Studies (IFS) has warned.... read more →
Government borrowing fell to £7.8 billion in December 2023 giving Chancellor Jeremy Hunt more scope to make the tax cuts he has hinted at in the Spring Budget. The Office... read more →
HMRC has published the latest issue of the Employer Bulletin. The December issue has information on various topics, including: National Minimum Wage, Geographical Compliance Approach – support for employers payrolling... read more →
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... read more →
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... read more →
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... read more →
The UK government has agreed an 'historic' commitment with 48 countries to combat criminals using crypto assets to evade tax. The landmark agreement follows on from the UK's tax deal... read more →