News
Keep informed
New business headlines break every day, and it’s important to keep up with the latest developments.
Our daily business updates will ensure you’re always up to date with news stories that may affect you and your business. You can count on us to keep you informed about any changes to legislation or HMRC guidelines, every weekday.
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.Bank of England raises interest rates to 4.5%
Rate increases for 12th time since December 2021.ICAEW asks HMRC to rethink quarterly reports
The administrative burden dubbed “disproportionate”.Strike action will impact HMRC helplines.
Over 400 HMRC employees will strike from 10 May.IR35 consultation aims to stop double taxation
HMRC will run the consultation until June 2023.
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