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Latest News for Business (Archive)

October 2024

IPSE calls for fairer off-payroll rules in Budget
Billion-pound tax bombshell to hit hospitality, warns trade body
Reforms to IHT, CGT and NI 'could raise over £20 billion a year'
Government announces apprenticeship reforms
HMRC urged to take action to defuse side hustle time bomb
£5.5 billion lost as a result of tax evasion
Young people reminded to reclaim government savings
Government cracks down on late payments

September 2024

HMRC failing on responsiveness, says Charter report
HMRC sends 'nudge letters' to crypto investors
HMRC late payment interest cut
Scrap fuel duty cut, says RAC
Freelancers want to see fairer, simpler tax system from Autumn Budget
UK has record number of self-employed workers aged 60 or over
Advisory fuel rates for company cars
Latest guidance for employers

August 2024

Chancellor takes difficult decisions as Budget date set
King's Speech pledges to secure economic growth
HMRC launches VAT Registration Estimator
UK announces National Wealth Fund
British Business Bank launches Growth Guarantee Scheme
HMRC to send Simple Assessment tax statements to pensioners
UK's economic recovery putting down roots
Latest guidance for employers

July 2024

Business ready to work in partnership with Labour government
Tax gap at record high
HMRC has not fined a single enabler of offshore tax evasion
UK economy grew by more than previously estimated during first quarter
Average earnings just £16 a week higher than 2010
EU trade deal not working for UK business, warns BCC
UK's investment rates worse than every other G7 country
Savers dangerously underestimating minimum cost of retirement

June 2024

Next government will need to build trust between HMRC and self-employed
Revitalise 'Brand Britain', says CBI
HMRC error means self-employed workers could lose out on state pension
Taxpayers spend total of 800 years waiting to speak to HMRC
Retirees report £119,000 shortfall in pension savings
300,000 file tax returns in the first week of the tax year
Inflation falls after UK moves out of recession
Advisory fuel rates for company cars

May 2024

MTD for Income Tax pilot now live
IR35 reforms taking their toll on skilled contractors
Government urged to implement reforms to R&D tax system
HMRC clarifies tax rules for WFH commuting
HMRC launches online voluntary NICs payment service
UK borrowing reduces Chancellor's wiggle room
More than seven million adults still struggling to pay bills, finds FCA
Latest guidance for employers

April 2024

Relief at HMRC's reversal of helpline closures
Jeremy Hunt cuts NICs again in the Spring Budget
Business groups say challenges remain despite encouraging Budget
New HMRC R&D tax relief guidance 'could be clearer', says ICAEW
Bank holds interest rates as inflation and economy show improvement
HMRC's services having a negative impact on SME productivity
New measures aim to 'break the spell' of fraudsters
The National Minimum Wage is the single most successful economic policy in a generation, says think tank

March 2024

HMRC publishes guidance on MTD for ITSA for sole traders and landlords
Over one million miss self assessment deadline
HMRC warns self assessment taxpayers as scam referrals rise
Double-cab pickups go back to being vans as guidance reversed
Pensions income needed to retire rises
More than 500 firms named and shamed for underpaying staff
Latest guidance for employers
Advisory fuel rates for company cars

February 2024

Government borrowing falls as Chancellor hints at tax cuts in Spring Budget
Tax cuts may have to be scrapped due to 'economic bind', warns IFS
HMRC sends warning to cryptoasset users
Raise VAT threshold to £100,000, says FSB
Clarity on new border checks is vital, says BCC
Artificial Intelligence will affect jobs and worsen inequality, says IMF
Over 50s bucking decline in freelance numbers
Only a third of UK adults confident with self assessment

January 2024

Spring Budget 2024 date confirmed for 6 March
UK at risk of recession after economy shrinks
HMRC updates off payroll compliance guidance
Countdown for 5.7 million to file their 2022/23 self assessment tax return
Red tape, rising costs and regulation 'holding back exports'
Businesses say hybrid working is here to stay
Latest guidance for employers

December 2023

Chancellor makes Full Expensing permanent in Autumn Statement
National Insurance changes 'ease burden on strivers'
Autumn Statement cuts won't stop tax revenues rising to highest ever levels
HMRC is 'Making Tax Difficult' with MTD programme
Government agrees to crack down on crypto tax evasion
Real Living Wage to increase by 10%
Rate of inflation falls as interest rates held
Advisory fuel rates for company cars

November 2023

Chancellor must use Autumn Statement to cement commitment to small firms
Inflation rate holds steady as UK economy grows
UK set for biggest tax rise in at least 50 years
Scams warning issued to 12 million self assessment taxpayers
Online platforms should sign up to Prompt Payment Code
Hybrid and remote working here to stay
Many firms still facing recruitment problems
Latest guidance for employers

October 2023

Firms looking to Autumn Statement for help with rising operating costs
Interest rates held as inflation falls
National Living Wage to rise from April 2024
SMEs 'struggling to access finance'
Government slow to recover over £1 billion Covid grant fraud
HMRC urges nearly 430,000 young people to claim Child Trust Fund cash
Less than 1% of small firms receiving net zero help
Number of cash transactions rises for first time in a decade

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Poolemead Accountants (Winchester) Ltd Company Number 07939708 is a limited company incorporated in England and Wales. Registered Office Tremain House, 8 Maple Drive, Kings Worthy, Winchester, Hampshire SO23 7NG Poolemead Accountants', and 'Poolemead', are trading names of Poolemead Accountants (Winchester) Ltd.

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