CGT incorrectly calculated by HMRC service

Faulty service leads to non-residents paying the wrong amount of tax.

Nearly one in four over 40s have no pension

Figures show 16% of people aged 40 to 75 haven’t saved for retirement.

Online payment plans help self-assessment customers

Almost 21,600 customers are paying their tax bill in monthly instalments.

Tax hikes rumoured for the Autumn Statement

The delayed announcement will take place on 17 November.

OTS addresses complications for landlords

Accountants welcome proposals for tax rule simplification.

HMRC raises interest on tax debt

Late payment interest rising in line with Bank of England base rate.

National Insurance reversal comes into effect

Most working people will receive the 1.25% tax cut from November.

Base interest rate rises to 3%

The Bank of England introduces its largest hike in 33 years.

HMRC reminds taxpayers to declare SEISS payments

More than 2.9 million people claimed SEISS payments in the 2021/22 tax year.

Third of hospitality businesses at risk of going bust

Soaring energy and food prices are putting a strain on the sector.

One in ten companies still file their accounts on paper

Record numbers of late penalties charged despite high compliance levels.

Weekly footfall below pre-pandemic levels

Credit and debit card spending drops across all areas.

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