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.
HMRC launches new text service
Launch aims to combat long phone waiting times.Inflation eases slightly to 10.5%
Transport costs fall but energy and food prices remain high.Switch to tax year basis to start in 2024
Unincorporated businesses will need to report their liabilities in line with the tax year.Chancellor announces new energy support package
The new support package will launch in April.MPs demand improvements to HMRC services
HMRC has three months to address “unacceptable” standards.AAT welcomes repayment claimant protections
Lack of regulation leaves customers at risk and costs the taxpayer millions.Treasury launches R&D tax reliefs review
The consultation will look into merging the two R&D schemes.MPs demand better performance from HMRC
HMRC urged to take action as outstanding tax debt totals £42 billion.Taxpayers reminded to report crypto gains
Cryptoassets are subject to income tax and capital gains tax.HMRC asked to explain long phone waits
Some taxpayers are waiting for several hours to speak with an HMRC representative.
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