Dive into the dynamic economic landscape as Jeremy Hunt unveils the ‘Autumn Statement for Growth’ in 2023. From National Insurance reforms to business incentives, explore the pivotal changes shaping the fiscal future and driving economic resilience.
Following the enactment of the Economic Crime and Corporate Transparency Act, small businesses are now required to submit a profit and loss statement to Companies House.
Amidst the tempestuous seas of post-Brexit uncertainty, Britain’s fishing industry has hoisted its sails with newfound optimism. As it navigates the challenges of new regulations and foreign crew recruitment, the industry is on a course to redefine itself.
Recent changes in alcohol taxation mark a significant shift in the way alcoholic beverages are taxed in the UK.
The Chancellor presented his budget on Wednesday 15th March 2023. In his speech, he unveiled a range of initiatives as part of what he described as a “Budget for growth”.
As set out in the written ministerial statement made by the Secretary of State for Work and Pensions on 17 November 2022, the state pension for the 2023-24 tax year is set to increase to 10.0999%.
HM Revenue & Customs (HMRC) offers support to individuals and businesses experiencing cash flow issues through Time to Pay (TTP) arrangements.
Making Tax Digital (MTD) is one of the latest initiatives taken by HM Revenue and Customs (HMRC). They plan to digitalise the tax system in the UK to make it easier for individuals and businesses to get their tax right and keep on top of their affairs.
A new penalty system has been introduced for VAT periods beginning on or after 1st January 2023. The new penalties will apply if you are submitting a VAT Return late or paying your VAT late.
