HMRC late payment interest rises this month

The decision follows Bank of England’s base rate increase.

Economy shrinks between April and June

ONS says GDP fell as predicted by 0.1%

BBRS urges SMEs to register banking disputes

The service is reminding businesses there are six months left.

Number of non-dom taxpayers drops, says HMRC

Tax contributions still surpassed £7 billion.

HMRC late payment rates to be revised

Changes will reflect the rise in interest rates

Charity powers expanding this autumn

Changes in financial governance taking place over the next year.

Interest rates rise to 1.75%

UK forecast to fall into recession this year.

SME growth drops by 20%

Cost of living crisis makes it harder for SMEs to grow.

Govt. announces £400 energy bill grant

Grants to be split across six separate payments.

Relaxed tax rules for divorces in the works

Changes would affect capital gains tax.

HMRC reminds couples to claim marriage allowance

Eligible couples can transfer over £1,000 to their partner.

Bank of England scraps mortgage affordability tests

Changes came into effect on Monday.

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