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Read on for the latest accounting, tax & business news from TidyCloud

SME Recruitment Problems

SMEs facing recruitment struggles

Oct 24, 2022

Eight in ten small businesses are finding it difficult to recruit staff, according to a report published by the FSB.

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Scammers Exploiting Cost of Living

Action Fraud warns scammers are exploiting cost-of-living crisis

Oct 17, 2022

Action Fraud has warned that criminals are using the ongoing cost-of-living crisis to target the public with energy rebate scams.

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Importance of Customer Reviews

The Importance of Customer Reviews

Oct 11, 2022

5 Reasons Why Customer Reviews are Important 1) Consumers are constantly using the internet to locate businesses In 2020, 93% […]

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Energy Bills Capped

Government caps business energy bills

Oct 11, 2022

Wholesale energy prices for businesses will be capped at ‘less than half’ of the anticipated winter levels under the government’s support package.

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IMF Criticises UK Tax Plans

IMF criticises government over tax plans

Oct 11, 2022

The International Monetary Fund (IMF) warned the UK government against ‘large and untargeted fiscal packages’ following the Mini Budget.

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Chancellors Growth Plan

Chancellor outlines growth measures at Mini Budget

Oct 11, 2022

Chancellor Kwasi Kwarteng used the 2022 Mini Budget to announce a series of tax cuts for businesses and individuals.

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45% Tax U-Turn

Government abandons plan to scrap 45p top rate of income tax

Oct 11, 2022

The government has abandoned its plan to abolish the 45% top rate of income tax due to the negative reaction it has received.

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HMRC Late Payment Interest Increase

HMRC raises late payment interest from 11 October

Oct 11, 2022

HMRC will raise interest rates on tax debt from 11 October following the 0.5% increase in the base rate. The new rate is 4.75%

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Easing of Cash

Report finds decline in the use of cash is easing 

Oct 1, 2022

Banking trade body UK Finance has revealed that the rapid decline in the use of cash as a form of payment has eased.

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