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NewsWire

Dear Joe,

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.

Relief at HMRC's reversal of helpline closures
HMRC's decision to halt its plans to restrict taxpayer helplines and direct people to online services instead has been met with relief by the Federation of Small Businesses (FSB).
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Jeremy Hunt cuts NICs again in the Spring Budget
The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023.
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Business groups say challenges remain despite encouraging Budget
The UK's business groups warned that challenges remain despite the Chancellor delivering an encouraging Spring Budget.
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New HMRC R&D tax relief guidance 'could be clearer', says ICAEW
New guidance from HMRC on Research and Development (R&D) tax relief 'could be clearer', according to the Institute of Chartered Accountants in England and Wales (ICAEW).
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Bank holds interest rates as inflation and economy show improvement
The Bank of England held interest rates despite continued falls in the rate of inflation and a return for growth for the UK economy in January.
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HMRC's services having a negative impact on SME productivity
The productivity and efficiency of SMEs is suffering as a result of poor HMRC services, according to members of the Association of Chartered Certified Accountants (ACCA).
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New measures aim to 'break the spell' of fraudsters
New measures aim to 'break the spell' of financial fraudsters by giving payment providers more time, according to draft legislation published by the government.
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The National Minimum Wage is the single most successful economic policy in a generation, says think tank
The introduction of the UK's National Minimum Wage (NMW) in 1999 is the single most successful economic policy in a generation, according to the Resolution Foundation.
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