IMF warns UK is set for slowest rate of growth of G7 countries
The International Monetary Fund (IMF) has warned that the UK faces the slowest rate
National insurance threshold rises
The level at which people start paying national insurance rose from £9,880 to £12,570
Recovery Loan Scheme to be relaunched
The Recovery Loan Scheme (RLS) will be relaunched during August 2022 as the government
MTD for income tax pilot extended
HMRC is extending the pilot for Making Tax Digital for Income Tax Self Assessment
HMRC criticised over IR35 implementation
HMRC needs to demonstrate that off-payroll working rules, commonly known as IR35, can operate
Bank of England raises UK interest rates to 13-year high
The Bank of England (BoE) has raised UK interest rates to a 13-year high
NICs increase has immediate impact on businesses
Four out of five employers stated that they were immediately impacted by the increase
Manufacturers call for support package
Manufacturing trade body Make UK is calling for an emergency, pre-recess package of business
New homeowners warned over tax refund claims
New homeowners are being warned about cold calls from rogue tax repayment agents advising
Chancellor announces windfall tax on energy firms
Chancellor Rishi Sunak will impose a windfall tax on energy firms alongside a package
