Energy price cap set to rise to £2,800 in October
The energy price cap is now expected to rise to around £2,800 in October,
Inflation hits 40-year high
Inflation has hit its highest level in 40 years amid the deteriorating cost-of-living crisis,
Almost 66,500 filed self assessment returns on 6 April
Nearly 66,500 taxpayers filed their 2021/22 self assessment return on the first day of
New law to protect access to cash announced in Queen’s Speech
New laws to protect access to cash and help victims of financial scams were
HMRC issues £14 million in penalties for minimum wage offences
HMRC issued 580 penalties totalling over £14 million for minimum wage offences during 2020/21,
Number of firms in critical financial distress rises sharply
A growing number of UK businesses are at risk of going under as costs
Chancellor cuts fuel duty in Spring Statement
Chancellor Rishi Sunak announced a 5p per litre cut in fuel duty for petrol
Business groups give mixed response to Spring Statement
The UK's business groups gave a mixed response to Chancellor Rishi Sunak's Spring Statement
OBR updates economic picture
In his Spring Statement speech, Chancellor Rishi Sunak responded to the latest forecasts as
MTD for VAT brings in up to an extra £195 million in tax
Estimates show that up to £195 million in extra tax revenue has been collected
