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09 May 2022
HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants.
Up to eight more nuclear reactors could be delivered to existing sites as part of the UK's new energy strategy.
The Treasury has announced that it plans to recognise stablecoins as a valid form of payment as part of a wider government initiative to 'make Britain a global hub for cryptoasset technology and investment'.
HMRC has named two tax avoidance schemes and their promoters for the first time, advising anyone involved to withdraw from them as soon as possible to prevent the build up of large tax bills.
HMRC has launched a new one-stop online shop designed to provide taxpayers with information on the tax reliefs and financial help available from HMRC.
Data published by the British Chambers of Commerce (BCC) shows that UK export growth has been effectively stagnant for the past year.
HMRC has published the latest issue of the Employer Bulletin.
There are now more than a million workers missing from the workforce compared to pre-pandemic figures, according to a report published by the IPPR think tank.
05 Apr 2022
Chancellor Rishi Sunak announced a 5p per litre cut in fuel duty for petrol and diesel in the 2022 Spring Statement.
The UK's business groups gave a mixed response to Chancellor Rishi Sunak's Spring Statement speech.
In his Spring Statement speech, Chancellor Rishi Sunak responded to the latest forecasts as published by the Office for Budget Responsibility (OBR).
Estimates show that up to £195 million in extra tax revenue has been collected via Making Tax Digital for VAT (MTD for VAT), according to research from HMRC.
The Bank of England has raised interest rates for the third consecutive time.
UK economic growth is expected to halve this year amid soaring inflation, major tax rises, and global shocks including Russia's invasion of Ukraine, warns the British Chambers of Commerce (BCC).
The level at which students begin to pay back their loans will be lowered from £27,295 to £25,000 for new borrowers.
Intervention by the Competition and Markets Authority (CMA) has freed more leaseholders from increasing ground rent terms that saw them trapped in homes they struggled to sell or mortgage.
24 Mar 2022
Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022.
07 Mar 2022
The Chancellor must act at the Spring Statement or risk the UK economy drifting backwards to low growth, warns the Confederation of British Industry (CBI).
The Statutory Sick Pay Rebate Scheme (SSPRS) will close on 17 March 2022.
Businesses are being encouraged to apply for remaining coronavirus (COVID-19) grant funding from local authorities.
A partnership agreement to establish two green freeports in Scotland has been reached between the Scottish and UK governments.
Following the decision by the Bank of England to increase the base rate, HMRC has confirmed that the late payment interest rate rose a quarter of a percent.
The government must overhaul motoring taxes as it phases out new diesel and petrol vehicles, according to MPs.
HMRC has revealed that more than one million taxpayers filed their late tax returns in February - taking advantage of the extra time to complete their self assessment without facing a penalty.
New company car advisory fuel rates have been published and took effect from 1 March 2022.
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