News

08/08/2024

HMRC failing on responsiveness

HMRC is failing on the key metrics of responsiveness, ease and accuracy, according to the annual HMRC Charter report. The report reviewed HMRC’s performance against its Charter from April 2023 to March 2024. The survey received over 1,600 responses, with complaints about service levels a recurring theme.

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27/07/2024

UK economic recovery

The UK’s economic recovery is finally putting down roots after GDP grew faster than expected in May, says the Confederation of British Industry (CBI).

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22/07/2024

Growth Guarantee Scheme

The British Business Bank has launched the Growth Guarantee Scheme to help smaller businesses access finance

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22/07/2024

Launch of VAT Registration Estimator

HMRC has launched a digital tool to help businesses estimate what registering for VAT may mean for them.

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04/07/2024

Fees charged on pension pot

Data published by investment adviser Moneyfarm has suggested that 50% of pension savers are unaware they are paying charges on their pension pots.

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04/07/2024

Average earnings only £16 higher

Research carried out by the Resolution Foundation has found that real average earnings are just £16 a week higher than they were 14 years ago.

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27/06/2024

Tax gap at record high

The UK’s tax gap rose to a record to £39.8 billion in 2022/23, up by £1.7 billion as small businesses accounted for almost two thirds of unpaid tax, according to HMRC’s data

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27/06/2024

Tax rises will be difficult to avoid

The Institute for Fiscal Studies (IFS) has warned that tax rises will be difficult to avoid in the next five years.

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27/06/2024

G7 on UK's investment performance

Data published by think tank the Institute for Public Policy Research (IPPR) has found that the UK’s investment performance is worse than every other country in the G7

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