Business news
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The world of business is ever-changing, so similar to our blog, we like to keep you updated with as much information as possible. This is your go-to page for updates regarding tax, legislation, or even payroll changes.
If you have any questions or anything you think we’ve missed, and should be referenced here, then please let us know. Our service is dedicated to making sure you get as much help as you need, so we wouldn’t want you feeling out of the loop.
UK economy will “avoid recession”
IMF upgrades its growth forecast.Government launches CIS consultation
Government aims to simplify payments under the scheme.VAT registration helpline closed
HMRC will focus efforts on registration applications.Late payment interest rate rises to 7%
Interest has doubled since May 2022.HMRC plans to simplify construction industry scheme
The scheme may be causing “unnecessary” administrative burdens.One in five taxpayers will pay higher tax rate
Threshold freezes could see 7.8 million pay 40%.VAT registration helpline set to close
HMRC will prioritise registration applications.Company insolvencies fall in April
Figures remain higher than pre-pandemic levels.Retail sales grow steadily in April
Retailers hope sales will improve over the summer.Economy fell by 0.3% in March
GDP grew slightly in Q1 of 2023.
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