Read on for the latest accounting, tax & business news from TidyCloud
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
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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.
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Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 March 2023.
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HMRC urges eligible couples to claim Marriage Allowance
HMRC has reminded married couples eligible for the Marriage Allowance to make use of the tax relief.
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‘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.
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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.
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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.
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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.
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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.
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