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.
Inflation falls
The UK's annual inflation rate fell to 6.8% in July, down from 7.9% in June, according to the latest data from the Office of National Statistics (ONS).
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UK set for five years of lost economic growth, warns think tank
The UK is set for five years of lost economic growth, according to research from think tank the National Institute for Economic and Social Research (NIESR).
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Over a third of households across England will pay higher energy bills this winter
More than a third of English households will see higher energy bills this winter than they did last winter, according to research published by the Resolution Foundation.
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HMRC should increase rewards for whistleblowers, says law firm
HMRC should increase the rewards it pays out to whistleblowers in line with the US system, according to law firm RPC.
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Another million savers to be hit with tax on interest
The frozen Savings Allowance combined with rising interest rates will push over one million taxpayers into paying tax on their savings this tax year, according to research by investment platform AJ Bell.
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Government launches Business Climate Hub
The government has launched the UK Business Climate Hub to offer firms advice and support on reducing their energy bills and cutting their carbon emissions.
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Latest guidance for employers
HMRC has published the latest issue of the Employer Bulletin.
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Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 September 2023.
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