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HMRC releases more details MTD for Income Tax
HMRC has published more details on how Making Tax Digital for Income Tax (MTD for IT) will work for buy-to-let landlords and sole traders with qualifying income over £10,000.
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Ofgem raises energy price cap
Average household energy bills will rise to £3,549 in October following the decision of energy regulator Ofgem to raise the price cap.
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Treasury Committee warns government against 'flying blind' with Emergency Budget
The Treasury Committee has urged the government to provide assurance that it is not 'flying blind' into a potential Emergency Budget this September.
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Experts warn inflation could keep rising in 2023
Economic analysts have warned that the rate of inflation could keep rising in 2023 as a result of rising energy prices.
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Energy firms call for windfall tax to be scrapped by 2025
Trade body Offshore Energies UK (OEUK) has stated that the Energy Profits Levy on UK energy firms should be scrapped by 2025.
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TUC urges government to raise NMW
The Trades Union Congress (TUC) has called on the government to increase the National Minimum Wage (NMW) rates 'immediately' in order to guarantee decent living standards for families.
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Report finds decline in the use of cash is easing
Banking trade body UK Finance has revealed that the rapid decline in the use of cash as a form of payment has eased.
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Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 September 2022.
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