News

21/08/2024

Fake HMRC letters

HMRC recently issued an urgent scam alert following the circulation of a convincing scam letter.

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21/08/2024

Fairer, simpler tax system

Freelancers want to see Chancellor Rachel Reeves use the Autumn Budget to move towards a fairer, simpler tax system, according to the Association of Independent Professionals and the Self-Employed (IPSE).

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15/08/2024

Chancellor refuses to rule out CGT rise

Chancellor Rachel Reeves has refused to rule out an increase in capital gains tax (CGT) at the Autumn Budget in October.

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15/08/2024

£19 billion in unpaid taxes

HMRC has stated that it is ‘unlikely to recover’ over £19 billion in unpaid taxes, which have accumulated as as a result of uncollected tax debt and a plethora of HMRC customer service failures.

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15/08/2024

Government contracts ‘out of reach’ for SMEs

The British Chambers of Commerce (BCC) has revealed that only 20% of direct public sector procurement spend was with small and medium-sized enterprises (SMEs) in 2023.

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08/08/2024

Digital trade deal hailed as big win

The UK’s decision to joins a global digital trade agreement negotiated under the World Trade Organisation (WTO) has been hailed as a big win for business by the British Chambers of Commerce (BCC).

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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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