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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.

High tax receipts drive better than expected borrowing figures
July 24, 2023
Public borrowing £2.7bn below forecasts for June.
Government proposes merging R&D tax relief schemes
July 21, 2023
Changes would present opportunities for tax simplification.
Company insolvencies remain high
July 20, 2023
Insolvencies up 27% on previous year.
HMRC has ‘enormous amount of work’ to deliver MTD on time
July 19, 2023
Accountants call for ‘fresh thinking’ on MTD.
High interest rates result in biggest UK wealth fall since World War II
July 19, 2023
High rates could end a 40-year wealth boom.
Falling petrol prices cause inflation to fall to 7.9%
July 19, 2023
Inflation reaches lowest point in over a year.
Four in ten taxpayers unable to speak to adviser over phone
July 18, 2023
Taxpayer satisfaction with HMRC services falls.
Interest rate rises deliver biggest wealth fall for households since World War II
July 17, 2023
High rates could end 40-year wealth boom.
UK economy remains on shaky ground
July 14, 2023
GDP falls by 0.1% in May.
R&D tax relief crackdown allegedly deterring genuine claims
July 13, 2023
Valid claims are apparently being rejected by HMRC.