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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.

IPSE calls for fairer off-payroll rules in Budget
The Chancellor should use her Autumn Budget to make off-payroll working rules 'fairer and more effective', according to the Association of Independent Professionals and the Self-Employed (IPSE).
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Billion-pound tax bombshell to hit hospitality, warns trade body
The end of business rates relief will sting hospitality with a £928 million bill in April unless the government acts in the Budget, warns UKHospitality.
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Reforms to IHT, CGT and NI 'could raise over £20 billion a year'
The Resolution Foundation has suggested that reforms to inheritance tax (IHT), capital gains tax (CGT) and national insurance (NI) could raise more than £20 billion a year.
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Government announces apprenticeship reforms
The government has announced an overhaul of the UK's apprenticeship system.
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HMRC urged to take action to defuse side hustle time bomb
HMRC has been urged to defuse a tax bombshell threatening online traders, by the Low Incomes Tax Reform Group (LITRG).
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£5.5 billion lost as a result of tax evasion
An estimated £5.5 billion was lost due to tax evasion during 2022/23, according to a report published by the National Audit Office (NAO).
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Young people reminded to reclaim government savings
Over half a million young people are yet to lay claim to Child Trust Funds worth an average of £2,212, HMRC has said.
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Government cracks down on late payments
The government has announced a crackdown on late payments to small businesses and the self-employed.
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