ATT calls cash basis changes ‘limited’Government consultation proposes changes to the accounting method.
Fuel advisory rates updateDiesel rates for company cars have been cut.
Nearly 800 mortgage deals withdrawnLenders are concerned about future interest hikes.
Access to finance limited for SMEsLow awareness and high borrowing costs limit growth.
Self-assessment threshold increases to £150,000Fewer PAYE taxpayers will submit returns in 2023/24.
Inflation falls to 8.7% in AprilFood prices remain at “near historic highs”.
UK economy will “avoid recession”IMF upgrades its growth forecast.
Government launches CIS consultationGovernment aims to simplify payments under the scheme.
VAT registration helpline closedHMRC will focus efforts on registration applications.
Late payment interest rate rises to 7%Interest has doubled since May 2022.
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