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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.

MTD for ITSA: Sole traders and landlords face £320 setup cost
February 28, 2024
HMRC estimates taxpayers’ initial and ongoing expenses.
UK recovering from mild recession
February 28, 2024
GDP fell by 0.3% but recovery fuels optimism.
UK banks close over 140,000 SME accounts
February 28, 2024
New figures indicate a concerning trend in the banking sector.
HMRC launches review on its enquiry powers
February 27, 2024
Critics demand simpler HMRC powers and penalty systems.
HMRC estimates cost to implement MTD for ITSA
February 26, 2024
Sole traders and landlords face £350 setup costs.
ICAEW advocates bold future action for economy
February 23, 2024
Professional body emphasises need for tax simplification.
HMRC performance survey sparks scrutiny
February 22, 2024
Negative feedback expected due to summer helpline closures.
Government finances show biggest surplus in 30 years
February 21, 2024
A £16.7bn surplus has been reported.
Maximum council tax hikes imminent
February 20, 2024
Most English councils to raise council tax by 4.99%.
Record long-term sickness could harm economy
February 19, 2024
UK’s workforce is 700,000 smaller than pre-Covid levels.