Read on for the latest accounting, tax & business news from TidyCloud
HMRC is ‘Making Tax Difficult’ with MTD programme
HMRC is ‘Making Tax Difficult’ for taxpayers as MTD adds to the burdens they face, according to a report by the Public Accounts Committee.
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Many firms still facing recruitment problems
Many UK firms are still facing hiring issues as a result of challenging economic conditions, according to a report from the British Chambers of Commerce (BCC).
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Online platforms should sign up to Prompt Payment Code
Online platforms should commit to paying small businesses within a maximum of thirty days in line with the Prompt Payment Code, according to the Federation of Small Businesses (FSB).
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Scams warning issued to 12 million self assessment taxpayers
Self assessment taxpayers must be on the lookout for scam texts, emails and phone calls from fraudsters, HMRC was warned.
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Autumn Budget 2023
Key announcements from chancellor at a glance Here are some of the main points outlined by Jeremy Hunt as part of his package.
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Number of cash transactions rises for first time in a decade
The number of payments made with cash rose for the first time in a decade in 2022, according to data published by UK Finance.
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Government slow to recover over £1 billion Covid grant fraud
The government has been slow to recover losses of £1.1 billion from fraud and error in Covid grant schemes, according to MPs.
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SMEs ‘struggling to access finance’
Small and medium-sized enterprises (SMEs) are struggling to access finance and working capital, according to a report published by the ACCA.
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National Living Wage to rise from April 2024
The National Living Wage (NLW) will rise to at least £11 an hour from April 2024, Chancellor Jeremy Hunt has confirmed.
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