MPs call for road pricing to replace motoring taxes
The government must overhaul motoring taxes as it phases out new diesel and petrol vehicles, according to MPs. MPs on the Transport Committee say the government must come up with…
The government must overhaul motoring taxes as it phases out new diesel and petrol vehicles, according to MPs. MPs on the Transport Committee say the government must come up with…
Following the decision by the Bank of England to increase the base rate, HMRC has confirmed that the late payment interest rate rose a quarter of a percent. The increase applies…
A partnership agreement to establish two green freeports in Scotland has been reached between the Scottish and UK governments. The locations for the freeports have not yet been decided and there…
The Chancellor must act at the Spring Statement or risk the UK economy drifting backwards to low growth, warns the Confederation of British Industry (CBI). The Spring Statement will take…
The Statutory Sick Pay Rebate Scheme (SSPRS) will close on 17 March 2022. The SSPRS was reintroduced by the government on 21 December 2021 for employers with fewer than 250 employees. The maximum…
Businesses are being encouraged to apply for remaining coronavirus (COVID-19) grant funding from local authorities. Hospitality, leisure and accommodation businesses can still apply for one-off cash grants of up to…
New company car advisory fuel rates have been published and took effect from 1 March 2022. The guidance states: ‘you can use the previous rates for up to one month…
The beginning of April sees the annual increases in the National Minimum Wage (NMW) and National Living Wage (NLW) as outlined below. Rate from 1 April 2022 Previous…
We wanted to give investors using our services an update on the market position following the invasion of Ukraine by Russia. Please note the time of writing is 4.25pm on…
HMRC has warned that businesses must declare any coronavirus (COVID-19) support grants or payments on their company tax returns and stated that the grants and payments are taxable. The deadline…
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