Read on for the latest accounting, tax & business news from TidyCloud
Government agrees to crack down on crypto tax evasion
The UK government has agreed an ‘historic’ commitment with 48 countries to combat criminals using crypto assets to evade tax.
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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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