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Business News

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Business News

MTD for ITSA delayed for two more years

In a written statement, the Treasury has announced that Making Tax Digital for income tax self assessment (MTD for ITSA) will be delayed for two more years until April 2026.…

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20/12/2022
Business News

MTD for ITSA should be delayed, say tax advisers

Tax advisers are calling on the government to delay the introduction of the Making Tax Digital for income tax self assessment (MTD for ITSA) system, according to the findings of…

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19/12/2022
Business News

Bank of England raises base rate to 3.5%

The Bank of England (BoE) has raised UK interest rates by half a percentage point to 3.5%. It is the ninth consecutive increase and takes the base rate to its…

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16/12/2022
Business News

Consumer group calls for victims of push payment scams to be refunded

Consumer group Which? has called for victims of push payment scams to be fully refunded by their banks. Push payment scams involve individuals being tricked into transferring money to criminals…

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15/12/2022
Business News

Mortgage payments to surge, says Bank of England

Millions of UK households will face higher mortgage payments next year, the Bank of England (BoE) has warned. The average monthly mortgage bill will go up from £750 to £1,000…

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14/12/2022
Business News

Plymouth and South Devon freeport gets go ahead

The Plymouth and South Devon freeport has received final government approval. It will now receive up to £25 million in seed funding to help boost investment and support the growth…

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13/12/2022
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