Read on for the latest accounting, tax & business news from TidyCloud
‘Digital pound’ likely to launch this decade, says Treasury
The Treasury and the Bank of England (BoE) have suggested that a state-backed ‘digital pound’ is likely to be launched this decade.
Read More
Spring Budget must ease cost pressures on businesses, says BCC
The British Chambers of Commerce has urged the Chancellor to use the upcoming Spring Budget to help ease cost pressures on small businesses.
Read More
Pensioners outnumber young people for filing self assessment tax returns
HMRC has revealed that more pensioners filed a tax return for the 2020/21 tax year compared to young people.
Read More
UK business confidence plummets to 13-year low
The UK’s business confidence has dropped to a 13-year low, according to recent research conducted by the ICAEW.
Read More
Fewer firms investing in training despite skills shortage
Fewer firms are increasing their investment in training and development despite a skills shortage, according to a survey by the CBI.
Read More
Energy bill support for firms to be reduced from April
The Treasury has confirmed that businesses will receive reduced support for their energy bills from April 2023.
Read More
Times almost up for the Super Deduction Tax Allowance
Time is running out for Limited Companies to take advantage of the government’s “Super Deduction” tax incentive.
Read More
Bank of England raises base rate to 3.5%
The Bank of England (BoE) has raised UK interest rates by half a percentage point to 3.5%.
Read More
Tax non-compliance during pandemic cost UK £9 billion
Tax non-compliance during the pandemic cost the UK government £9 billion, according to a report from the National Audit Office (NAO).
Read More