Data published by the Insolvency Service has revealed that the number of company insolvencies in England and Wales rose by 17% in February 2024 when compared to the same month last year.
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The Institute of Chartered Accountants in England and Wales (ICAEW) has stated that new guidance from HMRC on research and development (R&D) tax relief guidance 'could be clearer'.
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HMRC is urging working parents to make use of its Tax-Free Childcare (TFC) scheme to help save on Easter childcare costs.
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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 UK's economy returned to growth in January, according to the latest data from the Office for National Statistics (ONS).
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The Chancellor's recent Spring Budget introduced a 21% rise in Landfill Tax rates, with the standard rate set to increase to £126.15 in 2025/26.
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The Resolution Foundation has warned that the UK is facing almost 20 years of lost pay growth.
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The Institute for Fiscal Studies (IFS) has warned that the tax cuts announced in the 2024 Spring Budget will not compensate for tax rises and price increases.
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Chancellor Jeremy Hunt used the 2024 Spring Budget to introduce a new 'UK ISA', which will allow an additional £5,000 annual investment in UK equities to be made tax-free.
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Chancellor Jeremy Hunt delivered his 2024 Spring Budget speech yesterday, outlining a range of financial measures.
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