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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.

Insolvencies increase by 51% in May
June 20, 2023
2,552 companies registered as insolvent last month.
Tax system “overcomplicated”, say MPs
June 19, 2023
Current tax system is an obstacle to growth.
Charities gain more financial freedom
June 16, 2023
Charities Act changes give trustees greater flexibility.
HMRC extends voluntary NIC deadline
June 15, 2023
Taxpayers have two extra years to fill records.
HMRC launches VAT time-to-pay portal
June 14, 2023
Eligible businesses can set up payment plans online.
Making Tax Digital said to cost £1.3bn
June 13, 2023
The original 2020 launch date was “unviable”.
Government may scrap oil and gas windfall tax
June 12, 2023
Levy will remain in place unless prices drop.
Self-assessment helpline to close for three months
June 9, 2023
HMRC will focus resources on other ‘problem calls’.
FSB urges summer support for tourism sector
June 8, 2023
Recommendations come after predicted boom in ‘staycations’.
MPs call for crypto crackdown
June 7, 2023
Group seeks tougher regulations for ‘consumer protection’.