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.
Chancellor makes Full Expensing permanent in Autumn Statement
Chancellor Jeremy Hunt used his Autumn Statement to make Full Expensing permanent for those businesses investing in IT equipment, plant and machinery.
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National Insurance changes 'ease burden on strivers'
The changes to National Insurance contributions (NICs) announced by Chancellor Jeremy Hunt in the Autumn Statement will help to 'ease the burden on strivers up and down the country', according to the Federation of Small Businesses (FSB).
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Autumn Statement cuts won't stop tax revenues rising to highest ever levels
The tax cuts announced in the 2023 Autumn Statement won't prevent tax revenues rising to their highest ever levels, the Institute for Fiscal Studies (IFS) has warned.
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HMRC is 'Making Tax Difficult' with MTD programme
HMRC is 'Making Tax Difficult' for taxpayers as Making Tax Digital (MTD) adds to the burdens they face, according to a report by the Public Accounts Committee (PAC).
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Government agrees to crack down on crypto tax evasion
The UK government has agreed an 'historic' commitment with 48 countries to combat criminals using crypto assets to evade tax.
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Real Living Wage to increase by 10%
The Real Living Wage is set to increase by 10%, the Living Wage Foundation has announced.
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Rate of inflation falls as interest rates held
UK inflation fell to a two-year low while the base rate of interest was unchanged by the Bank of England for the second month in a row.
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Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 December 2023.
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