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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.

Chancellor takes difficult decisions as Budget date set
Chancellor of the Exchequer Rachel Reeves said she was taking difficult decisions after a Treasury spending audit revealed £22 billion of unfunded pledges.
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King's Speech pledges to secure economic growth
The first King's Speech since Labour's victory in the General Election saw the new government pledge that securing economic growth would be its fundamental mission.
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HMRC launches VAT Registration Estimator
HMRC has launched a digital tool to help businesses estimate what registering for VAT may mean for them.
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UK announces National Wealth Fund
The UK government is planning a National Wealth Fund to stimulate private sector investment backed by £7.3 billion in funding through the UK Infrastructure Bank (UKIB).
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British Business Bank launches Growth Guarantee Scheme
The British Business Bank has launched the Growth Guarantee Scheme to help smaller businesses access finance.
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HMRC to send Simple Assessment tax statements to pensioners
HMRC will send Simple Assessment tax statements to pensioners in the next few weeks.
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UK's economic recovery putting down roots
The UK's economic recovery is finally putting 'down roots' after GDP grew faster than expected in May, says the Confederation of British Industry (CBI).
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Latest guidance for employers
HMRC has published the latest issue of the Employer Bulletin.
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