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26/04/2024

HMRC launches MTD for Income Tax pilot

HMRC’s pilot scheme for Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) launched on 22 April.

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26/04/2024

Business price pressures persist

Business price pressures persist despite the UK’s inflation rate falling to its lowest level since September 202

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26/04/2024

Small firms confused over import rules

The government has been accused of heaping confusion on small firms before new import rules on plant and food products are introduced, according to the Federation of Small Businesses (FSB).

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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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18/04/2024

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).

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18/04/2024

Small firms ‘treading water’ on investment

The British Chambers of Commerce (BCC) has warned that UK small firms are ‘treading water’ on investment

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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

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10/04/2024

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’.

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10/04/2024

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)  

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REF: MC/NL/1.2