Read on for the latest accounting, tax & business news from TidyCloud
Government announces apprenticeship reforms
A new growth and skills levy which will replace the existing apprenticeship levy and include new foundation apprenticeships.
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Billion-pound tax bombshell to hit hospitality, warns trade body
The end of business rates relief will sting hospitality with a £928 million bill in April unless the government acts in the Budget, warns UKHospitality.
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IPSE calls for fairer off-payroll rules in Budget
The Chancellor should use her Autumn Budget to make off-payroll working rules ‘fairer and more effective’, according to the Association of Independent Professionals and the Self-Employed (IPSE).
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HMRC urged to take action to defuse side hustle time bomb
HMRC has been urged to defuse a tax bombshell threatening online traders, by the Low Incomes Tax Reform Group (LITRG).
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HMRC sends ‘nudge letters’ to crypto investors
HMRC has ‘sent nudge’ letters to crypto investors who it suspects have failed to pay the correct tax on their gains, according to the Chartered Institute of Taxation (CIOT).
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UK has record number of self-employed workers aged 60 or over
The number of self-employed people aged 60 or over has reached a record level, according to analysis by Rest Less.
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Advisory fuel rates for company cars (Sept 2024)
New company car advisory fuel rates have been published and took effect from 1 September 2024.
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New Tipping Rules and Code of Practice
A new law is being introduced that requires businesses to pay their workers 100% of all tips they earn.
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British Business Bank launches Growth Guarantee Scheme
The British Business Bank has launched the Growth Guarantee Scheme to help smaller businesses access finance.
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