Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Tax take hits £368.9bn in six months Income Tax and National Insurance drive the increase. Click here for more information Median real terms pay falls by 2.6% Soaring inflation means real terms rate dropped in the year...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Groups call on Chancellor for further reforms Pressure mounts for further action ahead of the fiscal plan. Click here for more information Under 100 days until Self Assessment deadline Taxpayers have until 31 January to file their...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. HMRC warns self-assessment customers against fraud HMRC received over 180,000 referrals of suspicious contact in the last year. Click here for more details Business confidence falls significantly Four in 10 businesses anticipate a fall in profits over...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. IR35 off-payroll rules repealed Changes to IR35 will come into effect next year Click here for further information Autumn Budget brought forward to 31 October An OBR forecast will be published alongside the statement. Read more here...
The ‘mini-Budget’ that the government insisted wasn’t, in fact, a Budget at all, came at 9:30am on Friday 23 September and brought with it some significant, unexpected and – in some cases – controversial measures (not to mention a subsequent U-turn on one of the main policy changes announced), writes Pearson May partner Matthew Rutter....
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. £1.1bn of Covid-19 loans flagged as fraud The government has published a bounce-back loan scheme performance update. Click here for more information Advisory fuel rates update There has been an increase in advisory fuel rates this month....
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Over half of UK adults looking to boost income Cost of living crisis continues to impact personal finances. Find out more here Economy grew by 0.2% in July Soaring inflation contributes to slow growth. Click here for...
We have seen over recent months a flurry of people being contacted by HM Revenue & Customs (HMRC) in connection with rental income they have received, but which they haven’t reported on a Tax Return. Sometimes this can go back as far as 20 years, writes Pearson May partner Jacqui Bowden. If you have income...
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. HMRC releases MTD for ITSA guidance New framework will be mandatory from April 2024. Find out more here Companies House to launch single sign-in Launch aimed for this autumn. Click here to find out more
Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. MTD for VAT penalties issued from November People could face fines after the VAT portal closure. Click here for more information. Tax leaders set out priorities for new Prime Minister The open letter identifies three urgent tax improvements....
