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.
Companies House to launch single sign-in
Launch aimed for this autumn.Tax experts set up crypto working group
Crypto asset market capitalisation currently at $900bn.MTD penalties confirmed by HMRC
Waiver for soft penalties to be removed by November.Inheritance tax receipts up by £0.3bn
Total payment of £2.4bn paid on inheritance tax.Tax relief for creative businesses exceeds £1bn
Total tax breaks are down by a third on previous year.Govt. expands ‘help to grow: digital’ scheme
Scheme expanded to very smallest businesses.Bank of England raises interest rates to 1.75%
Increase sees the highest jump in 27 years.UK inflation hits 10.1%
Inflation reaches double digits for first time since 1982.Wages fall at record rate
Pay decreased during rising costs of bills.HMRC late payment interest rises this month
The decision follows Bank of England’s base rate increase.
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