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

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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Mini Budget 2022

Mini Budget – What it means for small businesses

Sep 26, 2022

Find out how the new Chancellor’s fiscal event or mini budget, will affect you and your business over the coming years.

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TUC Minimum Wage

TUC urges government to raise NMW ‘immediately’

Sep 11, 2022

The Trades Union Congress (TUC) has called on the government to increase the National Minimum Wage (NMW) rates ‘immediately’

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