News
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PAC criticises government for billions lost to error and fraud
Published by Michael Graves on Fri, 19/05/2023 - 8:51am -
Tax threshold freeze trebles to £25 billion
Published by Michael Graves on Fri, 19/05/2023 - 8:46am -
UK inflation falls to 10.1% in March
Published by Michael Graves on Fri, 19/05/2023 - 8:45amUK inflation has dropped, but remains in double-digit levels, as the cost-of-living crisis eased slightly in March.
The annual consumer prices index dropped to 10.1% in March, down from 10.4% in February, the Office for National Statistics (ONS) reported.
It was widely expected to fall below 10%, but food prices remained stubbornly high, rising at their fastest rate in 45 years.
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Online VAT filing portal to close in May
Published by Michael Graves on Fri, 19/05/2023 - 8:43am -
Small businesses at risk as energy costs rise
Published by Michael Graves on Tue, 18/04/2023 - 8:11am -
HMRC late payment interest rate hits 6.75%
Published by Michael Graves on Tue, 18/04/2023 - 8:01amHMRC has revised interest rates with late payment bills charged 6.75% from 13 April, the highest level since January 2008
The late payment and repayment interest rates follow the rise in the Bank of England base rate to 4.25% on 23 March and are applied to the main taxes and duties that HMRC currently charges and pays interest. The rates will rise to:
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Two freeports confirmed for Wales
Published by Michael Graves on Mon, 17/04/2023 - 8:02am -
Taxpayers given more time for voluntary national insurance contributions
Published by Michael Graves on Fri, 14/04/2023 - 8:01am -
Bank of England raises UK interest rates to 4.25%
Published by Michael Graves on Thu, 13/04/2023 - 8:42amInterest rates have been increased to 4.25% from 4% by the Bank of England (BoE) as it tries to slow rising prices.
The BoE's decision to increase rates for the 11th time in a row comes after figures showed that the cost of living has risen by more than expected. Data published recently by the Office for National Statistics (ONS) showed that inflation jumped to 10.4% in the year to February, despite predictions it would fall.