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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.

CIOT: remove CIS deductions on landlord payments
August 15, 2023
Construction tax rules ‘cause problems’ between tenants and landlords.
Economy grows by 0.2% in second quarter
August 14, 2023
Information and accommodation industries fuel growth.
UK rental market shrinks by 400,000 homes
August 11, 2023
Estimated 126,500 rental properties sold since 2022.
Importers alter supply chains due to geopolitics
August 10, 2023
Importers particularly concerned about relations with China.
Interest rates rise again, despite fall in inflation
August 9, 2023
Bank of England increases rate to 5.25%.
Overpayment of tax on pensions hits £56m
August 9, 2023
Average tax reclaim form totals £3.5k.
R&D claims to come under greater scrutiny
August 9, 2023
Additional information on R&D projects now required.
Accounting groups express concern about tax digitalisation plan
August 8, 2023
Making Tax Digital is delayed until 2026.
Tax debt hits £44.5bn in June
August 7, 2023
More people are struggling to pay their tax bill.
Bank of England hikes interest rates to 5.25%
August 4, 2023
Increase takes rates to their highest since 2008.