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Business News

Almost 100,000 taxpayers using HMRC’s Time to Pay

Almost 100,000 self assessment customers have used online payment plans to spread the cost of their tax bill into monthly instalments since last April, HMRC has said. Since April 2021,…

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21/02/2022
Business News

Real wages fall as pay lags behind inflation

Wage growth in the UK struggled to keep up with increasing inflation between October and December 2021, according to the latest data from the Office for National Statistics (ONS). Average…

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18/02/2022
Business News

HMRC reminds married couples to utilise Marriage Allowance

HMRC has reminded married couples and people in civil partnerships to sign up for the Marriage Allowance to help reduce their tax bill. The Allowance permits eligible couples to share…

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17/02/2022
Business News

Off-payroll rule compliance an issue for HMRC

The size and complexity of the private sector means that the extension of off-payroll rules, commonly known as IR35, makes compliance a problem for HMRC, the National Audit Office (NAO)…

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16/02/2022
Business News

HMRC raises late payment interest rate to 3%

Following the decision by the Bank of England to increase the base rate, HMRC has confirmed that the late payment interest rate will rise a quarter of a per cent…

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15/02/2022
Business News

Businesses urged to apply for remaining COVID-19 support grants

Businesses are being encouraged to apply for remaining coronavirus (COVID-19) grant funding from local authorities. Hospitality, leisure and accommodation businesses can still apply for one-off cash grants of up to…

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14/02/2022
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