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18/04/2024
MTD for ITSA
The Institute of Chartered Accountants in England and Wales (ICAEW) has warned that just five Making Tax Digital for income tax self assessment (MTD for ITSA) software products are ready for beta testing on 22 April.
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7.4m still struggling to pay bills
Around 7.4 million people in the UK struggled to pay a bill or a credit repayment in January, according to the Financial Conduct Authority (FCA).
Small firms ‘treading water’ on investment
The British Chambers of Commerce (BCC) has warned that UK small firms are ‘treading water’ on investment
10/04/2024
PAC challenges HMRC
The Public Accounts Committee (PAC) has challenged HMRC on the governance and accountability of the Making Tax Digital (MTD) initiative
Reforms to R&D tax system
A report by the Suffolk Chamber of Commerce has urged the government to urgently implement reforms to Research and Development (R&D) tax relief in order to avoid ‘hurting small companies’.
SMEs difficulties accessing finance
Accessing finance is becoming more difficult for a large number of small and medium-sized enterprises (SMEs), according to new data from the British Chambers of Commerce (BCC)
04/04/2024
AI could replace UK jobs
Up to eight million UK jobs are at risk from the rise of artificial intelligence (AI), according to a report by the Institute for Public Policy Research (IPPR).
SME's brace for tough months ahead
Research carried out by Prism Solutions has suggested that UK small and medium-sized enterprises (SMEs) are bracing themselves for a ‘tough few months’ ahead
Pensioners fall into income tax net
An analysis by the House of Commons library has revealed that up to 1.6 million pensioners are expected to fall into the income tax net in the next four years.
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