Financial eNews

UK rate of inflation fell sharply in April

The UK rate of inflation fell to 8.7% in April from 10.1% in March.

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Latest guidance for employers

HMRC has published the latest issue of the Employer Bulletin.

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No sign of hiring difficulties easing, says BCC

Businesses are still facing major difficulties in hiring new staff, according to a survey conducted by the British Chambers of Commerce (BCC).

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Online VAT filing portal to close in May

HMRC has reminded businesses that file VAT returns annually that the online VAT filing portal will close from 15 May 2023.

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PAC criticises government for billions lost to error and fraud

The Public Accounts Committee (PAC) has criticised the government for losing billions of taxpayers' money to fraud and error in pandemic support.

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Tax threshold freeze trebles to £25 billion

Research carried out by think tank the Resolution Foundation has suggested that the size of the UK's six-year 'stealth tax' threshold freeze has nearly trebled to £25 billion.

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