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What are the latest stories impacting tax and accounting?

Whether it be news from the budget, or HMRCs digital reform plans, there are a wide range of regular news stories outlining the impact on individuals and businesses.

HMRC suspends payment of some R&D tax credits
May 24, 2022
Delays expected as HMRC clamps down on abuse.
Experts call for rethink of online sales tax
May 23, 2022
Critics doubt tax would effectively address business rates balance.
Brexit cross-border tax complexities cost UK economy £47bn
May 20, 2022
Administrative costs hurt businesses even more.
Sunak sets out ‘plan for growth’ but falls short of immediate support
May 19, 2022
Chancellor insists the Government “stands ready to do more”.
UK inflation hits 40-year high of 9%
May 18, 2022
Macroeconomy now businesses’ number one concern.
Regular pay tumbles in first quarter of 2022
May 17, 2022
Only growth in bonuses keeps total pay growth positive.
GDP fell by 0.1% in March 2022
May 16, 2022
Fears of recession as monthly GDP contracts.
Over 65,000 file self-assessment on first day
May 13, 2022
Almost 300,000 more than the first tax day of 2018.
Companies House powers strengthened
May 12, 2022
Government aims to tackle abuse of limited partnerships.
BCC calls for emergency budget
May 11, 2022
Budget demanded due to rising costs for businesses.