Bank of England raises UK base interest rate to 5%
The Bank of England has raised UK interest rates to a 15-year high of 5% as it continues its battle against inflation.
Bank of England raises UK base interest rate to 5% Read More »
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UK inflation stays at 8.7%
The UK’s rate of inflation plateaued at 8.7% in May, data published by the Office for National Statistics (ONS) has shown.
UK inflation stays at 8.7% Read More »
MTD expected to cost £1 billion extra
A report published by the National Audit Office has found that the MTD initiative is expected to cost around £1 billion more than its initial £226 million budget.
MTD expected to cost £1 billion extra Read More »
Gift Aid small donations scheme
The Gift Aid Small Donations Scheme is a government initiative that allows charities and community amateur sports clubs (CASCs) to claim an extra 25p for every £1 donated by a UK taxpayer
Gift Aid small donations scheme Read More »
Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 June 2023.
Advisory fuel rates for company cars Read More »
‘Fresh thinking’ needed in regard to MTD for ITSA
The ICAEW has written to HMRC to outline key points that it believes should be considered before the implementation of MTD for ITSA
‘Fresh thinking’ needed in regard to MTD for ITSA Read More »