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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: Clearer guidance needed on cryptoassets
June 30, 2023
Professional bodies propose recommendations to HMRC.
Thousands fined despite not owing tax
June 29, 2023
Low earners account for 40% of late-filing penalties.
ICAS: UK needs tax incentives to drive net zero targets
June 28, 2023
Tax leaders call for sustainability reporting standards.
HMRC accused of ‘poor complaint handling’
June 27, 2023
Poor service levels drive customer complaints.
Tax gap hits £36bn in 2021/22
June 26, 2023
Small businesses responsible for half the tax gap.
BoE increases interest rates to 5%
June 23, 2023
Base rate rises by more than expected.
Inflation remains the same in May
June 22, 2023
Falling fuel prices offset by recreation and culture costs.
Outcry as HMRC closes self-assessment helpline
June 21, 2023
Helpline will reopen in Autumn.
MTD set to cost five times its original budget
June 21, 2023
Tax experts claim MTD is 'out of control'.
HMRC “underestimated” the complexity of MTD
June 21, 2023
Issues with migrating data delayed the scheme.