Employers should take care when finalising severance packages.
Government Announcements
Inflation eases slightly in March
Government “on track” to drive down inflation.
Points-based penalties planned for self-assessments
HMRC will introduce the reforms in 2026.
R&D claims to require more information
Companies will need to fill out an additional form from August.
HMRC restricts Agent Dedicated Line
Call handlers will prioritise late filing enquiries.
HMRC releases guidance on LTA abolition
The Government will pass legislation in 2024/25.
National living wage rises to £10.42
April sees largest annual increase since its introduction.
Plans to increase state pension age delayed
Falling life expectancy rates push back the Government’s decision.
New bill will modernise business rates
The new measures will incentivise property improvements.
HMRC stops sending paper returns automatically
135,000 self-assessment customers filed paper returns last year.
MTD for ITSA delay costs £1.75 billion
The scheme will roll out from 2026.
HMRC overhauls cryptoasset reporting
Changes will apply from 2024/25.
Energy price guarantee extended
Households will receive the support until July.
Business leaders react to Spring Budget 2023
The key reactions from around the UK.
Economy narrowly avoids recession in forecasts
UK escapes technical recession but will still contract by 0.2%.
Passion, positivity and perfectionism
If you’re fired up about a great business idea but don’t know where to start, we can help.