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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.

Bank of England increases interest rates to 1%
May 10, 2022
Rates rise marks fourth increase in a row from record low.
SMEs not ready for MTD, accountants say
May 10, 2022
Businesses also unaware of other Government schemes.
Interest on late taxes raised to 3.5%
May 10, 2022
Move by HMRC follows increase in basic interest rate.
Majority of SMEs not ready for MTD
May 9, 2022
SMEs outside of London are not as prepared.
Interest rate increases to 13-year-high
May 6, 2022
Bank of England announces interest rate rise to tackle cost of living.
SEISS grant recipients may owe HMRC
May 5, 2022
HMRC is contacting those with reduced grant entitlement.
Retail leaders call for rates reform
May 4, 2022
Group suggests using online sales tax to fund rate cut.
Insolvencies rise by 39%
May 3, 2022
Over 2,000 companies filed for insolvency in March.
Venture capital tax breaks to be reviewed
April 29, 2022
MPs aim to make the UK a pioneer in technology.
National Insurance takings surpass £150bn
April 28, 2022
National Insurance contributions break all-time record.