Read on for the latest accounting, tax & business news from TidyCloud
Price rises most likely response to US tariffs
Price increases are the most likely response to US tariffs by affected firms, according to a survey conducted by the British Chambers of Commerce (BCC).
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Companies House begins to verify identities
A new service has been launched that allows individuals to verify their identity directly with Companies House through GOV.UK.
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Key Tax Changes April 2025
Several tax changes have taken effect in April 2025, here are some of the key ones to be aware of.
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No further tax increases in Spring Statement
Chancellor Rachel Reeves announced ‘no further tax increases’ in the 2025 Spring Statement.
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Employment reforms continue to stifle business hiring intentions
The government’s employment reforms are causing employers to put their hiring plans on hold, according to the Institute of Directors (IoD).
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Financial benefit of MTD could be as high as £915 million
The financial benefits of MTD for VAT could be as high as £915 million, according to analysis carried out by HMRC.
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End of tax year 2024/25
The 2024/25 tax year ends on 5 April. Now’s your last chance to make sure you take advantage of the tax incentives available to you.
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Government consults on mandatory e-invoicing
The government has launched a consultation on plans for the rollout of electronic invoicing (e-invoicing) in the UK.
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Proposed HMRC powers to collect data on hours worked scrapped
The government has stopped controversial plans to collect information about the exact hours worked by every employee in PAYE returns.
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