Read on for the latest accounting, tax & business news from TidyCloud
MTD – HMRC to start contacting taxpayers
HMRC has announced that from April 2025, it will write to sole traders and landlords who may need to comply with making tax digital (MTD) for income tax from April 2026.
Read MoreEmployers’ NIC increase April 2025
Tax rises were announced in Chancellor Rachel Reeves’ autumn budget – and an increase in employers National Insurance (NI) contributions was one of them.
Read MoreParliamentary watchdog accuses HMRC of deliberately ‘degrading’ phone services
Parliament’s spending watchdog has accused HMRC of deliberately running down its phone services to force people to go online, according to a report.
Read MoreEmployment plan will harm jobs, warns small firms
Small firms fear the new Employment Rights Bill will harm recruitment, according to a survey by the Federation of Small Businesses (FSB).
Read MoreHMRC could save millions of hours with tracking system
HMRC could save an estimated 1.7 million hours of call handlers’ time every year if it implemented an automated status tracking system.
Read More5 Days until the Self-Assessment deadline
There are only 5 days until the Self-Assessment filing and payment deadline. For anyone who are still yet to file, time is running out.
Read MoreHMRC could save millions of hours with tracking system
HMRC could save an estimated 1.7 million hours of call handlers’ time every year if it implemented an automated status tracking system.
Read MoreCash usage on the rise for second successive year
Cash use in the shops rose for a second year in a row in 2023 after a decade of falls, according to the British Retail Consortium (BRC).
Read MoreAdvisory fuel rates for company cars (Dec 2024)
New company car advisory fuel rates have been published and took effect from 1 December 2024.
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