Autumn Budget targeted fiscal stability amid rising deficits.
Business Tax
Mandatory HMRC registration for tax advisers to launch in 2026
New rules aim to curb rogue tax advisers and unethical practices.
Tax and NICs receipts surge over £11bn
Government revenue rises across multiple taxes.
Multiple agent support launched for MTD
HMRC allows multiple agents to manage tax affairs.
R&D claims drop despite increased expenditure
Fewer businesses claim R&D tax credits as claim values rise.
4 in 10 SME directors worried about closure
SMEs fear closures amid rising taxes and lack of support.
Tax hike fears trigger asset sell-offs
Investors brace for capital gains tax increase.
HMRC warns about nursery tax abuse
Employers must meet the criteria to avoid penalties.
HMRC contacts pending ROR claimants
Provisional claimants are urged to make valid claim.
HMRC discontinues tax clearance for MVLs
Clearance service withdrawn with immediate effect.
UK accountants demand HMRC improvements
Service levels have a negative impact on productivity.
Total tax receipts surge by £23.1bn
Government revenue hit £392.5bn between April and September 2023.
ATT: R&D changes go against simplification remit
Professionals also warn that commencement date is too soon.
R&D tax relief ‘ignores’ small businesses
Business group urges Government to rethink R&D reforms.
HMRC clarifies rules on basis period tax reporting
Basis period reform introduced in April 2023.
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