Read on for the latest accounting, tax & business news from TidyCloud
SMEs facing recruitment struggles
Eight in ten small businesses are finding it difficult to recruit staff, according to a report published by the FSB.
Action Fraud warns scammers are exploiting cost-of-living crisis
Action Fraud has warned that criminals are using the ongoing cost-of-living crisis to target the public with energy rebate scams.
The Importance of Customer Reviews
5 Reasons Why Customer Reviews are Important 1) Consumers are constantly using the internet to locate businesses In 2020, 93% […]
Government caps business energy bills
Wholesale energy prices for businesses will be capped at ‘less than half’ of the anticipated winter levels under the government’s support package.
IMF criticises government over tax plans
The International Monetary Fund (IMF) warned the UK government against ‘large and untargeted fiscal packages’ following the Mini Budget.
Chancellor outlines growth measures at Mini Budget
Chancellor Kwasi Kwarteng used the 2022 Mini Budget to announce a series of tax cuts for businesses and individuals.
Government abandons plan to scrap 45p top rate of income tax
The government has abandoned its plan to abolish the 45% top rate of income tax due to the negative reaction it has received.
HMRC raises late payment interest from 11 October
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%
Report finds decline in the use of cash is easing
Banking trade body UK Finance has revealed that the rapid decline in the use of cash as a form of payment has eased.