CIOT calls on government to rewrite unfair VAT rules
The Chartered Institute of Taxation (CIOT) is calling on the government to address unfair tax rules as interest rates on late payments rise.
UK economy returns to growth as inflation dips
The UK economy grew for the first time in three months in November, according to the Office for National Statistics (ONS).
Scams warning as self assessment deadline looms
HMRC is warning of scam attempts targeting self assessment taxpayers in the run up to the 31 January deadline.
HMRC late payment interest cut by 0.25%
HMRC has reduced late payment and repayment interest rates following the cut to the base rate.
Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 December 2024.
Autumn Budget at a glance
Rachel Reeves delivered her first Budget as Chancellor of the Exchequer on 30 October 2024. The Budget aims to deal with the £22 billion ‘black hole’ in public finances whilst restoring stability and rebuilding public services.
Lovewell Blake welcomes intake of new trainees
Chartered accountants Lovewell Blake has welcomed an intake of 20 new trainees across its offices in Norfolk and Suffolk.
The Bank of England has cut the base rate from 5.25% to 5%
The Bank of England (BoE) cut interest rates from a 16-year high on Thursday 01 August, after a narrow vote in favour from policymakers divided over whether inflation pressures had eased sufficiently enough.