News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
650K HMRC calls abandoned in February
Waiting times are still above the annual average.Interest rate for director’s loans frozen at 2.25%
The rate is held for the second year running.UK nears recovery as GDP grows
Data indicates a 0.1% rise in GDP.UK passport prices to increase
The second increase in passport prices in 14 months.What are the April tax changes?
NICs, CGT, pensions and family benefits affected.HMRC launches calculator for 2023/24 sole trader tax reform
Tool simplifies transition profit calculation, excluding partnerships.Debt Relief Order limit increased to £50,000
Relief rising from £30,000 from 28 June.HMRC releases profit calculator for tax year
The calculator excludes partnerships.Tax changes from 6 April now in effect
NICs, CGT, and pensions are affected by the changes.Brexit charges could lead to higher food prices
Fees of up to £145 effective from 30 April.
Armstrong Rogers & Co
Current news
UK pay growth falls below 5%
Wage growth slows, making interest cuts likely.
0.2% GDP growth driven by construction
Welcome recovery, but inflation risk still a concern this Autumn.
Tougher fines for Companies House registration failures
New penalties to tackle corporate abuse and increase transparency.