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- Providing you with accurate, jargon-free financial and accounting advice and guidance
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Filter bySort byRelief at HMRC’s reversal of helpline closuresPosted on: 8th April 2024HMRC's decision to halt its plans to restrict taxpayer helplines and direct people to online services instead has been met with relief by the Federation of Small Businesses (FSB). The tax authority had announced that…Jeremy Hunt cuts NICs again in the Spring BudgetPosted on: 8th April 2024The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023. The rates for NICs will be cut by two percentage points for both employees and the…Business groups say challenges remain despite encouraging BudgetPosted on: 8th April 2024The UK's business groups warned that challenges remain despite the Chancellor delivering an encouraging Spring Budget. The British Chambers of Commerce (BCC) said that while the cut to NICs would 'boost jobs' it had failed…New HMRC R&D tax relief guidance ‘could be clearer’, says ICAEWPosted on: 8th April 2024New guidance from HMRC on Research and Development (R&D) tax relief 'could be clearer', according to the Institute of Chartered Accountants in England and Wales (ICAEW). HMRC's draft guidance covers the restriction applying for contractor…Bank holds interest rates as inflation and economy show improvementPosted on: 8th April 2024The Bank of England held interest rates at 5.25% despite continued falls in the rate of inflation and a return for growth for the UK economy in January. The Bank's Monetary Policy Committee (MPC) voted…
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