Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we're here to help.
Online VAT filing portal to close in May
HMRC has reminded businesses that file VAT returns annually that the online VAT filing portal will close from 15 May 2023.
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UK inflation falls to 10.1% in March
UK inflation has dropped, but remains in double-digit levels, as the cost-of-living crisis eased slightly in March.
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Tax threshold freeze trebles to £25 billion
Research carried out by think tank the Resolution Foundation has suggested that the size of the UK's six-year 'stealth tax' threshold freeze has nearly trebled to £25 billion.
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PAC criticises government for billions lost to error and fraud
The Public Accounts Committee (PAC) has criticised the government for losing billions of taxpayers' money to fraud and error in pandemic support.
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No sign of hiring difficulties easing, says BCC
Businesses are still facing major difficulties in hiring new staff, according to a survey conducted by the British Chambers of Commerce (BCC).
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£177.6 million lost to impersonation scams in 2022
£177.6 million was lost to impersonation scams in 2022, data published by trade association UK Finance has revealed.
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Workers must be protected from decisions made by AI, TUC says
The Trades Union Congress (TUC) has stated that UK employees must be protected from workplace decisions made by artificial intelligence (AI) systems.
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Latest guidance for employers
HMRC has published the latest issue of the Employer Bulletin.
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