News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Bank of England hikes interest rates to 5.25%
Increase takes rates to their highest since 2008.Bank of England hikes interest rates to 5.25%
Increase takes rates to their highest since 2008.Retail trading conditions remain weak
July sees sharp decline in retail sales volumes.CIOT: taxpayers using pilots must not be disadvantaged
Tax institute flags concerns following HMRC consultation.Corporate insolvencies hit a 14-year high
Insolvency Service reports an 8.9% increase on the previous quarter.MPs call for multi-billion pound tax break transparency
Tax system labelled as overly complicated.NatWest profits rocket to £3.6bn after resignations
The part taxpayer-owned bank’s profits are higher than expected.Self-employed workers lack confidence in HMRC
Small businesses tire of constant legislation and investigation.Service levels undermining HMRC charter commitments
HMRC scores 2.3 out of 10 for responsiveness.Overpayment of tax on pensions hit £56m
Average tax reclaim form totals £3,551.
Armstrong Rogers & Co
Current news
Brexit red tape impacts goods trade
Smaller UK producers halt exports as trade costs increase.
UK inflation steady at 2.2% in August
Airfare increases offset lower fuel and hospitality costs.
Women’s living standards at risk of decline
Significant cuts will impact women’s finances by 2027.