Business news
Tax and financial issues are regualrly in the news. Below you will find a feed which will provide you with up-to-the minute news items which you might find of interest.
Industry calls for pause of R&D reforms
The House of Lords has expressed concern over some new measures.Millions face 5% council tax hike
Many local authorities plan to raise council tax by the maximum amount in April.NIC top-up window to reduce from April
The ICAEW is urging taxpayers to check their National Insurance records.ICAEW calls for taskforce to tackle HMRC backlog
"Unacceptable delays" are stifling the UK's economic growth.HMRC pauses MTD for ITSA pilot
The decision will allow the tax authority to refresh its testing strategy.PM restructures departments to boost the economy
New departments will focus on supporting growth and achieving net zero.HMRC raises interest rates on tax debt
The new penalties will apply from 21 February.Company insolvencies surge in 2022
Insolvency figures hit 2,190 – their highest level since 2009.Bank of England raises interest rates to 4%
The latest increase is the highest base rate in 14 years.Directors’ economic confidence rises
Business leader confidence hits its highest level since March 2022.
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