HMRC increases late payment interest rate to 7.5%
HMRC has increased interest rates with late payment bills charged 7.5% from 11 July, the highest rate since 2001.
HMRC increases late payment interest rate to 7.5% Read More »
General
Companies named and shamed for minimum wage breaches
Over 200 employers have been named by the government for failing to pay their lowest paid employees the minimum wage.
Companies named and shamed for minimum wage breaches Read More »
Bank of England raises UK base interest rate to 5%
The Bank of England has raised UK interest rates to a 15-year high of 5% as it continues its battle against inflation.
Bank of England raises UK base interest rate to 5% Read More »
UK inflation stays at 8.7%
The UK’s rate of inflation plateaued at 8.7% in May, data published by the Office for National Statistics (ONS) has shown.
UK inflation stays at 8.7% Read More »
Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 June 2023.
Advisory fuel rates for company cars Read More »
Self Assessment Helpline Closed
HMRC have closed the self assessment helpline from 12 June 2023 to 4 September 2023 pushing taxpayers to use digital methods to make contact.
Self Assessment Helpline Closed Read More »