Finance

Autumn Statement at a glance

The UK's third fiscal event of the year, the Chanchellor, Jeremy Hunt, has presented his Autumn Statement 2022

Mortgage affordability 'could be worse than pre-2008'

Up to four in ten UK mortgaged households may struggle to stay current on their house over the next year

Government needs to "balance books" with cuts

Kwasi Kwarteng will need to find £60bn of savings by 2026 to fill the gap left by unfunded tax cuts

One month left for importers to move to a single customs platform

Only a few weeks remain for businesses importing products to switch over to the UK's new simplified customs system. From October 1 of...

Financial Year 2022-23: Important Dates to remember

Important dates to remember for accountants, business owners and if you are self -employed

How to manage your accounts as a small business

Everything you need to know about setting up your finances in the beginning phases of your firm. Creating a business is an exciting new...

Energy firms refusing to supply small UK businesses over bankruptcy fears

Business owners and industry professionals have informed the Guardian that major energy companies are refusing to service small...

Minimum wage should rise to £15 for all workers, says TUC

The Trades Union Congress (TUC) believes that the minimum wage in the UK should increase to £15 an hour "as quickly as feasible." It was...

Business Impact of Interest Rates in 2022

How interest rates are affecting businesses in 2022 Interest rates Interest rates are the fees a borrower is charged for taking out a loan.

HMRC doubles payout time for R&D tax relief

As a means of combating what it perceives as an increase in fraud, Taxman doubles the amount of time smaller businesses must wait before...

What exactly do clients need from an accountant?

Accountants are capable of giving their clients much more than just the fundamentals

Inflation fuels 63% hike in UK debt costs as borrowing exceeds forecasts

Soaring inflation has seen interest payments on government debt leap by 63% over the past year, official data reveals

Why you should file Self Assessment tax returns early

Should you file your Self Assessment tax return early? We certainly think so, and we've listed some of the best reasons to do so

Bank of England raise interest rates and predicts UK recession

The Bank of England Monetary Policy Committee voted on 4 August 2022 to increase interest rates to 1.75%

Recovery Loan Scheme extended

The Recovery Loan Scheme supports access to finance for UK Businesses recovering from the pandemic disruptions

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