by admin | Apr 8, 2024 | Latest News for Business
The productivity and efficiency of SMEs is suffering as a result of poor HMRC services, according to members of the Association of Chartered Certified Accountants (ACCA).
In a survey of ACCA members, 66% said that poor HMRC services were having a negative impact...
by admin | Apr 8, 2024 | Latest News for Business
New 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HMRC’s draft guidance covers the restriction applying for contractor...
by admin | Apr 8, 2024 | Latest News for Business
The introduction of the UK’s National Minimum Wage (NMW) in 1999 is the single most successful economic policy in a generation, according to the Resolution Foundation.
The NMW has increased the pay of the UK’s lowest paid workers by £6,000 a...
by admin | Mar 5, 2024 | Latest News for Business
Over one million self assessment taxpayers missed the filing deadline at midnight on 31 January, according to data published by HMRC.
A record 11.5 million taxpayers did file their 2022/23 self assessment tax returns by the deadline.
HMRC’s figures...
by admin | Mar 5, 2024 | Latest News for Business
HMRC has published guidance on the Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) requirements for sole traders and landlords.
MTD for ITSA will require businesses and landlords with qualifying income to maintain digital records and update HMRC...