Jul 26, 2023 | Current Affairs
HMRC's charter annual report, published last week, shows that poor service levels are undermining HMRC's ability to deliver on its charter standards. The report included the findings of a survey carried out by the group in February of this year on whether tax agents...
Jul 24, 2023 | Current Affairs
Higher tax receipts and lower borrowing by local authorities saw lower than expected public borrowing in June, figures from the Office for Budget Responsibility (OBR) show. Borrowing in June was £18.5bn, £1.8bn above the same period but £2.7bn below the OBR's March...
Jul 20, 2023 | Current Affairs
Businesses across the UK continue to struggle under the current economic climate, with company insolvencies jumping by 27% in June, compared to the same month last year. Monthly insolvency figures remain high, with 2,163 companies closing their doors in June, compared...
Jul 19, 2023 | Current Affairs
UK inflation fell to 7.9% in the year to June 2023 amid a sharp fall in petrol prices, potentially easing forecasts for how aggressively the Bank of England will raise interest rates over the coming year. The Office for National Statistics said the annual inflation...
Jul 18, 2023 | Current Affairs
Only six in ten taxpayers (61.3%) were able to reach HMRC by telephone in March 2023 after listening to automated messages and choosing the option to speak to an adviser. The figures from HMRC's monthly performance report are part of a trend of worsening phone line...
