Read on for the latest accounting, tax & business news from TidyCloud
Don’t miss out on a tax refund for work expenses
HMRC is reminding employed workers they can claim a refund on work-related expenses on the GOV.UK website.
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.
Read More
Small businesses at risk as energy costs rise
The end of the Energy Bill Relief Scheme (EBRS) on 1 April could threaten the future of hundreds of thousands of small firms, according to research by the Federation of Small Businesses (FSB).
Read More
Bank of England raises UK interest rates to 4.25%
Interest rates have been increased to 4.25% from 4% by the Bank of England (BoE) as it tries to slow rising prices.
Read More
Business groups welcome Spring Budget
The UK’s business groups largely welcomed the measures taken in the Chancellor’s Spring Budget announced last month.
Read More
Pension Changes – Spring Budget 2023
Here’s some of the key changes to pensions as a result of the Spring 2023 Budget revealed by Chancellor Jeremy Hunt.
Read More
Corporate Capital Allowances – Full Expensing
From 1 April 2023 until 31 March 2026, companies liable for corporation tax will be able to benefit from “Full Expensing”.
Read More
Last chance for 2022/23 pension contributions
Now is the time for higher earning sole traders, partners and individuals to review your pension contributions for 2022/23 to maximise relief
Read More
Minimum wage increase 2023/24
The minimum wage is set to increase from 1st April 2023 with the hourly National Living Wage increasing to £10.42 per hour.
Read More