The Chancellor Jeremy Hunt delivered the Autumn Statement 2023 at 12.30pm today. In his statement, the Chancellor stated that following a global crisis he has made difficult decisions to get the UK economy back on track. He advised that this was an Autumn Statement for growth and to reward hard work. A total of 110 …
The Economic Crime and Corporate Transparency Bill marks a crucial step in the government’s strategy to combat economic crime while also enhancing transparency among UK Limited Companies.
Jeremy Hunt delivered his first Spring Budget 2023 as Chancellor at 12.30pm today. In his statement, the Chancellor stated that the Office for Budget Responsibility have declared that the UK will not now enter ‘technical recession’ this year as was forecasted and his speech was centered around his so called ‘four pillars of strategy’ to …
HMRC have extended the deadline for making voluntary National Insurance contributions (which can date back to 6 April 2006), to 31 July 2023. What is National Insurance? National Insurance is a tax paid by individuals who are employed or self-employed, based on how much they earn then determines how much National Insurance is contributed from …
HMRC announced changes to VAT penalty and interest charges for VAT periods starting on or after 1 January 2023. The changes to penalties and interest for late VAT Return submissions and payments, also apply to businesses that submit nil returns and repayment VAT Returns. Late VAT Return submission Penalties for late VAT Return submissions will …
The Chartered Institute of Taxation
The Association of Taxation Technicians