infation Archives - WRLO Accountants https://www.wrloaccountants.co.uk/tag/infation/ Chartered Accountants & Business Advisors Thu, 06 Jul 2023 16:53:23 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://www.wrloaccountants.co.uk/wp-content/uploads/2018/01/cropped-WRLO-logo-big-32x32.jpg infation Archives - WRLO Accountants https://www.wrloaccountants.co.uk/tag/infation/ 32 32 July 2023 https://www.wrloaccountants.co.uk/july-2023/ Thu, 06 Jul 2023 15:44:45 +0000 https://www.wrloaccountants.co.uk/?p=3797 In this month’s Enews we look at HMRC’s extension to the deadline for voluntary NICs and the temporary closure of the self assessment helpline. We also update you on cost overruns on Making Tax Digital and the latest on UK inflation. With guidance on the National Minimum Wage and another increase to the UK’s base interest rate, there is a lot to update you on. HMRC extends deadline for voluntary NICs to April 2025 HMRC closes self assessment helpline for three months MTD expected to cost £1 billion more than originally forecast UK inflation stays at 8.7% Bank of England raises UK base interest rate to 5% More than 200 companies named and shamed for minimum wage breaches Post-Brexit trade plan must be replaced with ‘ambitious strategy’, says think tank Industrial strategy required to ‘focus on innovation’, says IoD HMRC extends deadline for voluntary NICs to April 2025 HMRC has extended the voluntary national insurance contributions (NICs) deadline until 2025. Extending the voluntary NICs deadline until 2025 will give people more time to consider whether paying voluntary contributions is right for them, and also ensures individuals do not miss out on the possibility of boosting their State Pension entitlements. The original […]

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